True / False Questions
1.In recent years, the trend among U.S. firms is to outsource the “production” of certain service activities to developing nations where labor costs are lower.
2.The production and logistics functions of an international firm are independent of each other.
3.The objectives of reducing costs and increasing quality in a firm are independent of each other.
4.A firm that improves its quality control cannot reduce its costs of value creation simultaneously.
5.W. Edward Deming believed that achieving better quality requires the commitment of everyone in a company.
6.In terms of Six Sigma, the higher the number of “sigmas,” the greater the number of errors.
7.In international business, production and logistics functions need not accommodate demands for local responsiveness.
8.In recent years, time-based competition has lost its importance in international business.
9.In international business, when consumer demand is prone to large and unpredictable shifts, the firm that can adapt most quickly to these shifts will gain an advantage.
10.Currency appreciation can transform a low-cost location into a high-cost location.
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