Question 1

Inbound logistics is also known as ________.

Accepted Answer

A)  internal logistics 
B)  materials management 
C)  the internal supply chain 
D)  value-added management 
A)  internal logistics 
B)  materials management 
C)  the internal supply chain 
D)  value-added management B

Question 2

In a global supply chain,suppliers must be part of the manufacturer's organizational structure.

Accepted Answer

A) True 
 B)False  False

Question 3

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Accepted Answer

A) True 
 B)False  True

Question 4

Which of the following would most likely be reduced by vertical integration?

Accepted Answer

A)  export tariffs 
B)  component prices 
C)  product returns 
D)  transaction costs 
A)  export tariffs 
B)  component prices 
C)  product returns 
D)  transaction costs

Question 5

What are the advantages and disadvantages of global and domestic sourcing? What role does quality play in deciding between global and domestic sourcing?

Accepted Answer

Sourcing in the home country enables com

Question 6

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

Accepted Answer

A) True 
 B)False

Question 7

The Malcolm Baldrige National Quality Award is an example of a general standard that is presented annually to companies that demonstrate quality strategies and achievements.

Accepted Answer

A) True 
 B)False

Question 8

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

Accepted Answer

A) True 
 B)False

Question 9

Six Sigma is a highly focused system of quality control that scrutinizes a company's entire production system.

Accepted Answer

A) True 
 B)False

Question 10

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

Accepted Answer

Japanese keiretsus are groups of indepen

Question 11

What are foreign trade zones? How are they used?

Accepted Answer

FTZs are areas in which domestic and imp

Question 12

Which of the following is most likely a true statement about using the Internet in supply chain management?

Accepted Answer

A)  The Internet is universally accessible. 
B)  The Internet slows internal processes in a company. 
C)  The Internet minimizes efficiency gains to a company's suppliers. 
D)  The Internet prevents a deeper level of collaboration and communication. 
A)  The Internet is universally accessible. 
B)  The Internet slows internal processes in a company. 
C)  The Internet minimizes efficiency gains to a company's suppliers. 
D)  The Internet prevents a deeper level of collaboration and communication.

Question 13

Which of the following is one of the four phases of purchasing globalization?

Accepted Answer

A)  foreign buying as a part of procurement strategy 
B)  complete rejection of domestic purchasing 
C)  foreign buying based on want 
D)  global purchasing only 
A)  foreign buying as a part of procurement strategy 
B)  complete rejection of domestic purchasing 
C)  foreign buying based on want 
D)  global purchasing only

Question 14

________ is the process of a firm having inputs supplied to it for the production process.

Accepted Answer

A)  Sourcing 
B)  Subcontracting 
C)  External production 
D)  Offshoring 
A)  Sourcing 
B)  Subcontracting 
C)  External production 
D)  Offshoring

Question 15

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe. Roland is most likely using a ________ manufacturing strategy.

Accepted Answer

A)  centralized 
B)  regional 
C)  global 
D)  country-specific 
A)  centralized 
B)  regional 
C)  global 
D)  country-specific

Question 16

What factors complicate the international transportation of goods? How can a firm make the process more efficient?

Accepted Answer

For a firm,the transportation of goods i

Question 17

Which of the following is a set of universal standards for a globally accepted quality assurance system?

Accepted Answer

A)  just-in-time (JIT) inventory management 
B)  Six Sigma 
C)  total quality management (TQM) 
D)  ISO 9000 
A)  just-in-time (JIT) inventory management 
B)  Six Sigma 
C)  total quality management (TQM) 
D)  ISO 9000

Question 18

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

Accepted Answer

A)  quality control 
B)  offshoring 
C)  logistics 
D)  inventory management 
A)  quality control 
B)  offshoring 
C)  logistics 
D)  inventory management

Question 19

Electronic data interchange (EDI)is an online collaboration model that brings manufacturers,distributors,value-added retailers,and customers together to execute trading transactions.

Accepted Answer

A) True 
 B)False

Question 20

Centralized manufacturing is most widely used when customers have widely varying localized needs.

Accepted Answer

A) True 
 B)False

Inbound logistics is also known as ________.

In a global supply chain,suppliers must be part of the manufacturer's organizational structure.

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Which of the following would most likely be reduced by vertical integration?

What are the advantages and disadvantages of global and domestic sourcing? What role does quality play in deciding between global and domestic sourcing?

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

The Malcolm Baldrige National Quality Award is an example of a general standard that is presented annually to companies that demonstrate quality strategies and achievements.

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

Six Sigma is a highly focused system of quality control that scrutinizes a company's entire production system.

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

What are foreign trade zones? How are they used?

Which of the following is most likely a true statement about using the Internet in supply chain management?

Which of the following is one of the four phases of purchasing globalization?

________ is the process of a firm having inputs supplied to it for the production process.

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe. Roland is most likely using a ________ manufacturing strategy.

What factors complicate the international transportation of goods? How can a firm make the process more efficient?

Which of the following is a set of universal standards for a globally accepted quality assurance system?

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

Electronic data interchange (EDI)is an online collaboration model that brings manufacturers,distributors,value-added retailers,and customers together to execute trading transactions.

Centralized manufacturing is most widely used when customers have widely varying localized needs.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

Globalization and Society

International Trade and Factor Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

International Accounting Issues

The Multinational Finance Function

International Human Resources

Filters

Exam 17: Global Manufacturing and Supply Chain Management

Inbound logistics is also known as ________.

In a global supply chain,suppliers must be part of the manufacturer's organizational structure.

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Which of the following would most likely be reduced by vertical integration?

What are the advantages and disadvantages of global and domestic sourcing? What role does quality play in deciding between global and domestic sourcing?

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

The Malcolm Baldrige National Quality Award is an example of a general standard that is presented annually to companies that demonstrate quality strategies and achievements.

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

Six Sigma is a highly focused system of quality control that scrutinizes a company's entire production system.

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

What are foreign trade zones? How are they used?

Which of the following is most likely a true statement about using the Internet in supply chain management?

Which of the following is one of the four phases of purchasing globalization?

________ is the process of a firm having inputs supplied to it for the production process.

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe. Roland is most likely using a ________ manufacturing strategy.

What factors complicate the international transportation of goods? How can a firm make the process more efficient?

Which of the following is a set of universal standards for a globally accepted quality assurance system?

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

Electronic data interchange (EDI)is an online collaboration model that brings manufacturers,distributors,value-added retailers,and customers together to execute trading transactions.

Centralized manufacturing is most widely used when customers have widely varying localized needs.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

Globalization and Society

International Trade and Factor Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

International Accounting Issues

The Multinational Finance Function

International Human Resources

Filters