Chapter 2 - Business Strategy

Question 1

Answer 1

Chris Kastner
President, CEO

Question 2

Answer 2

Jennifer R. Boykin
Executive VP,
President NNS

Question 3

Answer 3

Andy Green
Executive VP,
President, Mission Technologies

Question 4

Answer 4

Kari Wilkinson
Executive VP,
President Ingalls

Question 5

Answer 5

Tom Stiehle
Executive VP,
Chief Financial Officer (CFO)

Question 6

Answer 6

Brooke Hart
Executive VP
Communications

Question 7

Answer 7

Edmond Hughes
Executive VP, Chief HR Officer

Question 8

Answer 8

David Horne,
1983 as a welder-X42 apprentice
VP Trades, NNS

Question 9

Answer 9

Damon Saetre
1988-X06
VP Integrated Planning And Production Control, NNS

Question 10

Answer 10

Thomasina Wright
1986 – Mold Lofting
VP Fleet Support Programs, NNS

Question 11

three divisions of Huntington Ingalls Industries?

Answer 11

o NNS
o Ingalls Shipbuilding
o Mission Technologies

Question 12

Customer of Ingalls Shipbuilding

Answer 12

Coast Guard and Navy

Question 13

Customer of Mission Technologies

Answer 13

Military and Government Agencies

Question 14

NNS Products and Services (must know 2)

Answer 14

Aircraft Carrier
Overhaul Refueling
1 of 2 Virginia Class

Question 15

Ingalls Products and Servies (must know 2)

Answer 15

San Antonio Class Amphibious Transport Docks
America Class Amphibious Assault Ships
Arleigh Burke Class Destroyers
Legend Class National Security Cutters

Question 16

Mission Technologies Products and Servies (must know 2)

Answer 16

Los Alamos national laboratory nuclear clean-up for DOE
Marine Engineering
Naval Architecture
manned and unmanned underwater systems development

Question 17

What are the three types of business strategies

Answer 17

o Corporate Strategy
o Division strategy
o Operational Strategy

Question 18

Corporate Strategy is…

Answer 18

performance improvements to create greater value

Question 19

Division Strategy is…

Answer 19

continued strong execution of programs, maintaining financial predictability, backlog and stability

Question 20

Operational Strategy is…

Answer 20

cost, performance, schedule, and quality

Question 21

What two things does a strategic decision produce?

Answer 21

return on investment
direction to employees

Question 22

government gives work to a contractor not based on the best bid

Answer 22

Allocation

Question 23

companies decide to work together on a product or contract to protect its share of the market

Answer 23

Teaming

Question 24

_____ is a method of offsetting financial losses

Answer 24

Subsidies

Question 25

money given directly to a company by the government to offset financial losses

Answer 25

Government Subsidies

Question 26

Losses in a shipbuilding division could be offset by profits made in another division are _______

Answer 26

Corporate subsidies

Question 27

______ is multiple companies, at least one being foreign, working together to complete a project

Answer 27

Co-production