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BAM/421 Unit 2 Examination Answers

BAM/421 Unit 2 Examination Answers

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BAM/421 Unit 2 Examination Answers

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BAM 421 Unit 2 Examination Answers

BAM 421 Operations Management Unit Exam 2

1.     The analysis tool that helps determine what products to develop, and by what strategy, by listing products in descending order of their individual dollar contribution to the firm is

_______________ analysis.

2.     In which stage of the product life cycle should product strategy focus on improved cost control?

3.     _______________ is used to rank a company’s products to determine which products represent the best use of the firm’s resources, or, perhaps, to determine which products are to be eliminated.

4.     Which of the following represents an opportunity for generating a new product?

.

5.     What percentage of sales from new products is indicative of industry leaders?

6.     Which of the following is not one of the major categories of costs associated with quality?

.

7.     All of the following costs are likely to decrease as a result of better quality EXCEPT _______________ costs.

8.     Quality can improve profitability by reducing costs. Which of the following is not an aspect of reduced costs by quality improvements?

9.     Which of the four major categories of quality costs is particularly hard to quantify?

10.  Which of the following statements is NOT true?

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