1. Entrepreneurial cultures
a. value innovation
b. encourage employees to identify and exploit new opportunities
c. encourage creativity and risk-taking
d. all of these
2. What is the best way for strategic leaders promote integrity and ethical behavior?
a. Develop standards for behavior among employees
b. Serve as role models for ethical behavior
c. Expect, praise and reward ethical behavior
d. Promote those who exhibit ethical behavior
3. In contrast to the industrial organization (I/O) model, the resource-based view of the firm (RBV) model focuses attention on which of the following?
a. economic conditions, government policy and political tensions
b. strengths, weaknesses and core competencies
c. opportunities and threats in the external environment
d. conflicting expectations of competitors, suppliers, and customers
4. When balancing supply & demand, which best describes the control of pricing, advertising & promotion, backlogs & reservations, & development of complementary offerings?
A. Facilities Decisions
B. Supply Management
C. Inventory Management
D. Scheduling
E. Demand Management
5. Which describes matching supply with demand over a 6-18 month time horizon?
A. Capacity Planning
B. Forecasting
C. Facilities Planning
D. Aggregate Planning
E. Scheduling