-q7 to q10:in recent years westernbusiness managers

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Unformatted text preview: ------------------------------------------------------------------------------------------------------------Q7 to Q10:In recent years, Westernbusiness managers have been heeding the exhortations of busi-Lineness journalists and academics(5)to move their companies towardlong-term, collaborative “strategicpartnerships” with their externalbusiness partners (e.g., suppliers).The experts’ advice comes as(10)a natural reaction to numerousstudies conducted during the pastdecade that compared Japaneseproduction and supply practiceswith those of the rest of the world.(15)The link between the success ofa certain well-known Japaneseautomaker and its effectivemanagement of its suppliers, forexample, has led to an unques-(20)tioning belief within Westernmanagement circles in the valueof strategic partnerships. Indeed,in the automobile sector all threeUnited States manufacturers and(25)most of their European competitorshave launched programs to reducetheir total number of suppliers andmove toward having strategicpartnerships with a few.(30)However, new research con-cerning supplier relationships invarious industries demonstratesthat the widespread assumption ofWestern managers and business(35)consultants that Japanese firmsmanage their suppliers primarilythrough strategic partnerships isunjustified. Not only do Japanesefirms appear to conduct a far(40)smaller proportion of their busi-ness through strategic partnershipsthan is commonly believed, butthey also make extensive use of4“market-exchange” relationships,(45)in which either party can turn tothe marketplace and shift to dif-ferent business partners at will,a practice usually associatedwith Western manufacturers.--------------------------------------------------------------------------------Q7:The passage is primarily concerned withA. examining economic factors that may have contributed to the success of certain Japanese companiesB. discussing the relative merits of strategic partnerships as compared with those of market-exchange relationshipC. challenging the validity of a widely held assumption about how Japanese firms operateD. explaining why Western companies have been slow to adopt a particular practice favored by Japanese companiesE. pointing out certain differences between Japanese and Western supplier relationshipsAnswer: --------------------------------------------------------------------------------Q8:According to the passage, the advice referred to in line 9 was a response to which of the following?A. A recent decrease in the number of available suppliers within the United States automobile industryB. A debate within Western management circles during the past decade regarding the value of strategic partnershipsC. The success of certain European automobile manufacturers that have adopted strategic partnershipsD. An increase in demand over the past decade for automobiles made by Western manufacturersE. Research comparing Japanese business practices with those of other nationsAnswer: --------------------------------------------------------------------------------Q9:The author mentions “the success of a certain well-known Japanese automaker” (lines 15-...
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-Q7 to Q10:In recent years Westernbusiness managers have...

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