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International Business Study Set 1
Quiz 17: Global Production and Supply Chain Management
Path 4
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Question 81
Essay
Describe the major arguments put forth by Edward Deming.
Question 82
Multiple Choice
There are five strategic levels for global purchasing that can be undertaken by a global company. At which level do companies engage in international purchasing activities as part of the firm's overall supply chain management strategy?
Question 83
Essay
Discuss the strategic objectives of the production and logistics functions of an international firm.
Question 84
Multiple Choice
A major aspect of a(n) _____ is a belief in global learning-the idea that valuable knowledge does not reside just in a firm's domestic operations.
Question 85
Multiple Choice
The process of planning, implementing, and controlling the efficient, cost-effective flow of raw materials, in-process inventory, finished goods, and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
Question 86
Essay
What are the three main factors that affect the decision of locating production?
Question 87
Multiple Choice
The typical _____ is dedicated to the production of a family of parts or products through the use of four to six machines capable of performing various operations.
Question 88
Essay
Discuss the effect of country factors on the decision of where to locate production?
Question 89
Multiple Choice
A multinational corporation uses both its own employees from inside the firm and an external supplier to perform certain tasks, often in concert with each other.
Question 90
Multiple Choice
_____ is the outer packaging envelope that allows for easier handling or product transfer among international suppliers, manufacturers, distribution centers, retailers, and any other intermediaries in the global supply chain.
Question 91
Essay
Briefly describe the Six Sigma methodology.
Question 92
Multiple Choice
When a multinational corporation buys products or services from one of its suppliers that produces them somewhere else, whether domestically or globally, it is referred to as _____.
Question 93
Multiple Choice
_____ implies that a firm may be able to customize its product range to suit the needs of different customer groups without bearing a cost penalty.
Question 94
Multiple Choice
Packaging is intended to achieve a set of multilayered functions, which can be grouped into (1) perform, (2) protect, and (3) inform. Which of the following is one of the functions of the "perform" group?