Competitive Advantage – Better output leads to a better product or service.

As firms expand into more countries, they should recognize: Foreign firms are still often discriminated against. View desktop site. As with most business buzzwords, it can be a bit hard to understand in terms of REAL practice. According to data compiled from SDC Platinum in Exhibit 10.4, acquisition activity peaked closest to the year ________. Course Hero is not sponsored or endorsed by any college or university. All of the above. Non-equity modes of entry typically involve: All of the following are true of direct exports except: The agendas and objectives of the intermediaries and exporters are the same. Accordingly, an operations manager can use business process reengineering to make significant improvements to company processes. Our fourth mission is to eliminate the cost of change and training through one-click rollouts of any change.

This makes process management and improvement significantly easier.

B and C above. Nobody finds them. And that’s what we’re going to simplify – how to use operations management to improve your business. Exaggerated managerial self-confidence that may result in an overestimation of the value of a. Let A and B represent the firms. Overcapacity mergers are often explained as attempts to create ________. Acquisitions in which firms purchase their customers are called ________ acquisitions. All of the following are stages in an acquisition except ________. Global Dimensions of Business .docx - Sources of operational synergy include All of the above Diversification premium is the same thing as Conglomerate, 34 out of 37 people found this document helpful. Business process management is the methodology of constantly analyzing, improving and automating processes. Examples include all of the following except: a) Negotiating and maintaining ongoing relations with regulatory bodies.

With ________, a firm seeks to become a large regional, national, or international player in what has likely been a fragmented industry. An international acquisition can be any of the following types except ________.

Operations management is the administration of business practices aimed at ensuring maximum efficiency within a business, which in turn helps to improve profitability. The word ____________ has now become the most famous Chinese business word to appear in English-language media and means interpersonal networks. the cost related to corporate level administration is greatest. This structure is often used to supply customers (often other MNEs) in a coordinated and consistent way across various countries. Even worse – nobody looks at flowcharts. BPM is something every operations manager should have a good hang of. Parties to an overcapacity are trying to ________ the industry.

Reduced diversification, leading to higher risk. Relatedness can be a common underlying dominant logic that connects various businesses in a diversified firm. In a ________ acquisition, the acquiring company expands its product line by purchasing another company. The financial statements of firms outside US and Canada do not necessarily conform to GAAP, making it difficult to compare them to US and Canadian firms. Diversification premium is the same thing as: Conglomerate advantage.

How can you improve a process when you can't measure anything? In combining product and geographic diversification, which is not one of the four possible combinations? People are "supposed" to do things according to the process. Much of our knowledge about "the firm" is from research on firms in. Manufacturing. A new force sweeping through the world in recent times. operations management questions and answers. Which of the following is an advantage of acquisitions over internal development? It used to be via BPM software. If two firms with seasonal operations end their fiscal years at different times, their financial, Financial statements have little value since they cannot be used to calculate a firm's tax. Diversification premium is the same thing as: Which would be more characteristic of conglomerates? The present value of a companyʹs future cash flows from existing assets and businesses is referred to as ________. conglomerates. They exist as static documents or flowcharts. Generally, the consolidation of two businesses results in synergies that increase the value of a newly created business entity. The old process worked as follows…. This preview shows page 1 - 2 out of 4 pages. Our fifth mission is to help you share workflows securely with your clients. Being unable to achieve the presumed synergy.

Firms often decide against entering new businesses because they are not likely to generate sufficient return on capital to justify the ________. Successful clashes with dominant firms in domestic markets. Cultural Fit) In Integrating The Two Firms. Marketing. Revenue enhancement synergies are also sometimes referred to as ________. Forces that undermine synergies include all of the following except _____.

Direct discussion of reduced rivalry with competitors, Business strategy has similarities with military strategy, The three drivers of counterattacks do not include. Permits greater speed, flexibility, and innovation, Unique to international competition are the pressures for local responsiveness, which are reflected in, Four strategic choices for MNEs do not include, The type of knowledge that is codifiable (that is, it can be written down and transferred without losing much of its richness) is called, For large firms, there are actually diminishing returns for R&D. Diversification premium is the same thing as: Conglomerate advantage. Advantages of choosing acquisition over internal development include all except which of the following? The financial organization that has become the de facto payment standard on the biggest locus of small business in the world is ________. Which is not true concerning U.S. anti-trust policy today? Acquisitions in a(n) ________ environment are attempts by companies to acquire resources that will be critical in future projected new industry contexts. GAAP, making it difficult to compare them to US and Canadian firms. The combination of two or more firms through a pooling of interest is referred to as a(n) ________. We've built the Mercedes Benz of repeatable processes. Here’s why: To make your life as an operations manager easier – try using Workflow Management Software.

Our team spent decades trying to improve processes - as Business Process Management (BPM) consultants, process improvement gurus and User Experience (UX) experts. In smaller companies, operations are very simple and straightforward. When a process changes - how will you help people do things "the new way"? While there are a lot of different approaches there, the following 4 are the most popular. All of the following are basic issues relating to the potential success of mergers and acquisitions except ________.

- description of the business activities including principal products and sources and availability of raw materials. People suffer the pain of spreadsheets, emails, forms and paper to do tasks and approvals. Nobody is going to buy you a beer anymore for purchasing Pega, Appian, Nintex, K2, SAP, Oracle, Bizagi, IBM, etc. Hence, you’d need a lot of employees to keep doing this on the go. Value creation . Which geographic diversification is most likely to reduce the liability of foreignness?

Two companies may undertake a merger to increase the wealth of their shareholders.

After all, you can’t really change something fundamentally just like that. A process is useless unless someone actually uses it. Documenting your processes using flowcharts might look pretty and nice – but you can’t run them. Instead, everyone will hate you. In a product/market extension, the objectives include ________. The reality is - those processes just gather dust in a corner.

Experiencing problems (e.g. related diversification.

Cyber operations are also further constrained for both the military and civilian agencies by privacy laws and civil liberties. The study concludes that business ownership changes increase predicted market share by changing operational synergy. What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? Which would be more characteristic of conglomerates? The initial pre-closing screening, analysis, and negotiations for an acquisition is referred to as ________. Unlike most fields, it involves knowing a lot of different things, from finance to HR. Let’s finish up here by talking about how people actually run operations. ________ is calculated by multiplying the number of shares outstanding by their market price. All of the following are critical decisions that need to be made during the justification stage except ________.

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