Expert Answers

10.

Not all producers sell their goods directly to final users.Instead, many use intermediaries to bring their product to market.They try to forge a marketing channel (or distribution channel) - aset of interdependent organizations that help make a product orservice available for use or consumption by the consumer orbusiness user.

Select one:

True

False

11.

Not always, but in many cases, perishable products such ascertain foods (i.e. fruits/vegetables) usually require_________channels because of their short shelf life – versus using a___________.

Select one:

a. Retailer/Wholesaler

b. Wholesaler/Direct

c. Direct/Wholesaler

d. Retailer/Direct

e. Agent/Broker and Retailer

For more than 10 years you have been a human resources managerat a welding and machining company that has remained fairly stable.The business has 20-25 employees, most of whom have been with thecompany for nearly 25 years. Your firm has built a reputation ofquality and the relationships of your long-time employee team withcustomers are a key pillar of your client service strategy. Thecompany has been fairly isolated from skilled trades’ shortages,but you have heard about challenges in this sector over time. Youhave been tasked by your supervisor to conduct an environmentalscan, and report on its impacts on HRM as a result of recenttariffs.

Your job is to research and complete an environmental scan ofthe external environment to determine what impacts the U.S. tariffsmay have on the operating environment for your company relative toyour competitiveness and HRM strategy.

For Preparation:

1. Create a 1-2 page chart that outlines the key factors ofconducting an environmental scan.
2. Include at least five separate sources of information (i.e.Harvard Business Review, Statistics Canada) across the top asheadings.
3. Include 5-7 data points of your choosing relative to thescenario down the side (cost of goods, salary information, etc.) toillustrate the impact that tariffs may have on HRM.
4. Complete the empty cells for each source.

There are 100 jobs in a town and 100 workers. Forty of the jobsare dangerous, 60 are safe. Workers have the following preferences:worker one dislikes danger by $1, worker two dislikes danger by $2,worker three dislikes danger by $3, and so forth (such that workerhundred dislikes danger by $100). Assume workers are mobile andwell-informed and the labor market is mobile. Also assume that safejobs pay $500 a week.

Which of the following statements will be true?

A) Dangerous jobs will pay $540 a week. B) Worker one will earnrents of $39. C) Worker hundred will earn rents of $60. D) All ofthe above are true.

101. How are Check Sheets not a powerful tool?

Select one:

a. They can be large and complex to cover all the actionpoints.

b. They require a physical and recordable action.

c. They promote personal responsibility.

d. They can help with managing teams and data.

102. Interactions are indicated on an interaction plot diagramby lines that are?

Select one:

a. Intersecting

b. Not Parallel

c. Perpendicular

d. Parallel

103. What is the brainstorming method for generating a series ofquestions about a problem, process, or idea?

Select one:

a. Starburst brainstorming

b. Large Group Brainstorming

c. Small Group brainstorming

d. Web-enabled video conference Brainstorming

104. When would you want to limit the levels and factors in anexperiment?

Select one:

a. When the team has permission to access all the resources.

b. When using Minitab

c. When you are handling analysis manually

d. None of the above

105. Why is good graphing so important in Six Sigma?

Select one:

a. It lets you get more on a page.

b. It makes the information easier to read.

c. It makes the analysis part more efficient.

d. It makes the final document look nicer.

106. What type of data will some non-normally distributed testsrequire?

Select one:

a. Raw

b. Average

c. Median

d. Variance

107. Which is not a reason to run an experiment?

Select one:

a. Experiments can help you understand how to set inputs thatinfluence the process.

b. Experiments can help to understand how to set inputs for thebest outcome.

c. Experiments can help identify the team leaders in aprocess.

d. Experiments help you understand what variables provide themost influence on the process output.

Why are there no 100 percent fool-proof IT Security solutions ina company ?