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2 points Among the following choices, an operations manager might best evaluate political risk of a country by looking at which type of country ranking? based on cost of doing business based on corruption based on average duration between presidential/prime minister elections based on magnitude of government social programs based on competitiveness and 2 points and are to key country success factors as are to key region success factors. * Exchange rates, labor availability; site size and cost, environmental impact All of the answers are accurate relationships. Cultural issues, location of markets; site size and cost, zoning restrictions Land costs, proximity to customers; labor cost, air and rail systems O Labor cost, currency risk; land costs, proximity to customers The three major elements of the product decision are: 2 points selection, definition, and design. cost, differentiation, and speed of response. strategy, tactics, and operations. goods, services, and hybrids. legislative, judicial, and executive. The two general approaches to forecasting are: * points historical and associative. judgmental and qualitative. qualitative and quantitative. mathematical and statistical. O judgmental and associative. Which of the following statements about time-series forecasting is true? 2 points It makes extensive use of the data collected in the qualitative approach. All of the answers are true. It is always based on the assumption that future demand will be the same as past demand. Because it accounts for trends, cycles, and seasonal patterns, it is always more powerful than associative forecasting. It is based on the assumption that the analysis of past demand helps predict future demand