Question 1

The three levels of quality standards are general,international,and industry-specific.

Accepted Answer

A) True 
 B)False

Question 2

Configuration is the linking or integrating of activities into a unified system.

Accepted Answer

A) True 
 B)False

Question 3

Amazon relies on the Internet to join together suppliers with companies and companies with customers. Amazon is most likely using ________.

Accepted Answer

A)  value-added networks 
B)  e-commerce 
C)  electronic data interchange 
D)  private technology exchange 
A)  value-added networks 
B)  e-commerce 
C)  electronic data interchange 
D)  private technology exchange

Question 4

Rationalization is the process of specializing in manufacturing according to product or process.

Accepted Answer

A) True 
 B)False

Question 5

Offshore manufacturing is attractive because it offers high labor costs,cheap materials and components,and proximity to markets.

Accepted Answer

A) True 
 B)False

Question 6

Gibson Enterprises is an MNE that relies on just-in-time inventory management and lean manufacturing systems to optimize quality and efficiency. For the last few years,Gibson has used the same foreign sources for its raw materials. What is the most likely risk faced by Gibson because of foreign sourcing?

Accepted Answer

A)  quality of incoming inventory 
B)  uncertainty of arriving parts 
C)  few available suppliers 
D)  high inventory costs 
A)  quality of incoming inventory 
B)  uncertainty of arriving parts 
C)  few available suppliers 
D)  high inventory costs

Question 7

Which of the following is NOT a major reason that companies adopt IT systems?

Accepted Answer

A)  maintaining effective arms' length relationships with customers 
B)  producing high-quality products quickly and efficiently 
C)  communicating effectively with suppliers 
D)  managing inventory levels proficiently 
A)  maintaining effective arms' length relationships with customers 
B)  producing high-quality products quickly and efficiently 
C)  communicating effectively with suppliers 
D)  managing inventory levels proficiently

Question 8

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

Accepted Answer

A) True 
 B)False

Question 9

________ manufacturing is any manufacturing that takes place in a country different from the home country.

Accepted Answer

A)  Offshore 
B)  Multidomestic 
C)  Cost-minimization 
D)  Outsourcing 
A)  Offshore 
B)  Multidomestic 
C)  Cost-minimization 
D)  Outsourcing

Question 10

Japanese ________ are groups of independent companies that work together to manage the flow of goods and services along an entire value chain.

Accepted Answer

A)  chaebol 
B)  keiretsus 
C)  sigmas 
D)  kaizen 
A)  chaebol 
B)  keiretsus 
C)  sigmas 
D)  kaizen

Question 11

Alta Designs is considering the idea of global sourcing. What would be the most likely result for Alta Designs?

Accepted Answer

A)  gain access to more domestic markets 
B)  gain access to more domestic products 
C)  lower costs and improve quality 
D)  shorten lengthy supply lines 
A)  gain access to more domestic markets 
B)  gain access to more domestic products 
C)  lower costs and improve quality 
D)  shorten lengthy supply lines

Question 12

Jeff manages global purchasing for his employer and needs to select a new supplier. Jeff should most likely ________.

Accepted Answer

A)  implement e-commerce 
B)  focus mainly on purchase price 
C)  establish clear performance expectations 
D)  maintain the same type of relationship with every supplier 
A)  implement e-commerce 
B)  focus mainly on purchase price 
C)  establish clear performance expectations 
D)  maintain the same type of relationship with every supplier

Question 13

All of the following are benefits of using free trade zones EXCEPT ________.

Accepted Answer

A)  streamlined customs procedures 
B)  reduced or eliminated duties 
C)  deferred or eliminated taxes 
D)  improved quality of goods 
A)  streamlined customs procedures 
B)  reduced or eliminated duties 
C)  deferred or eliminated taxes 
D)  improved quality of goods

Question 14

What are the roles of compatibility,configuration,coordination,and control in a global manufacturing strategy? Describe each of these four factors.

Accepted Answer

Manufacturing is just one piece in suppl

Question 15

MedCo uses an IT system that labels a product with an electronic tag to provide realtime information. Which of the following does MedCo most likely use?

Accepted Answer

A)  EDI (electronic data interchange) 
B)  RFID (radio frequency I
D)  
C)  PTX (private technology exchange) 
D)  ERP (enterprise resource planning) 
A)  EDI (electronic data interchange) 
B)  RFID (radio frequency I
D)  
C)  PTX (private technology exchange) 
D)  ERP (enterprise resource planning)

Question 16

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

Accepted Answer

A) True 
 B)False

Question 17

________ is a particularly important consideration in the establishment of a transportation network.

Accepted Answer

A)  Warehouse configuration 
B)  ISO 9000 
C)  Rationalization 
D)  The kanban system 
A)  Warehouse configuration 
B)  ISO 9000 
C)  Rationalization 
D)  The kanban system

Question 18

Which of the following should an MNE most likely consider in a make-or-buy decision?

Accepted Answer

A)  organizational hierarchy 
B)  supplier capabilities 
C)  employee morale 
D)  niche markets 
A)  organizational hierarchy 
B)  supplier capabilities 
C)  employee morale 
D)  niche markets

Question 19

Inbound logistics is also known as materials management.

Accepted Answer

A) True 
 B)False

The three levels of quality standards are general,international,and industry-specific.

Configuration is the linking or integrating of activities into a unified system.

Amazon relies on the Internet to join together suppliers with companies and companies with customers. Amazon is most likely using ________.

Rationalization is the process of specializing in manufacturing according to product or process.

Offshore manufacturing is attractive because it offers high labor costs,cheap materials and components,and proximity to markets.

Which of the following is NOT a major reason that companies adopt IT systems?

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

________ manufacturing is any manufacturing that takes place in a country different from the home country.

Japanese ________ are groups of independent companies that work together to manage the flow of goods and services along an entire value chain.

Alta Designs is considering the idea of global sourcing. What would be the most likely result for Alta Designs?

Jeff manages global purchasing for his employer and needs to select a new supplier. Jeff should most likely ________.

All of the following are benefits of using free trade zones EXCEPT ________.

What are the roles of compatibility,configuration,coordination,and control in a global manufacturing strategy? Describe each of these four factors.

MedCo uses an IT system that labels a product with an electronic tag to provide realtime information. Which of the following does MedCo most likely use?

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

________ is a particularly important consideration in the establishment of a transportation network.

Which of the following should an MNE most likely consider in a make-or-buy decision?

Inbound logistics is also known as materials management.

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

The three levels of quality standards are general,international,and industry-specific.

Configuration is the linking or integrating of activities into a unified system.

Amazon relies on the Internet to join together suppliers with companies and companies with customers. Amazon is most likely using ________.

Rationalization is the process of specializing in manufacturing according to product or process.

Offshore manufacturing is attractive because it offers high labor costs,cheap materials and components,and proximity to markets.

Which of the following is NOT a major reason that companies adopt IT systems?

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

________ manufacturing is any manufacturing that takes place in a country different from the home country.

Japanese ________ are groups of independent companies that work together to manage the flow of goods and services along an entire value chain.

Alta Designs is considering the idea of global sourcing. What would be the most likely result for Alta Designs?

Jeff manages global purchasing for his employer and needs to select a new supplier. Jeff should most likely ________.

All of the following are benefits of using free trade zones EXCEPT ________.

What are the roles of compatibility,configuration,coordination,and control in a global manufacturing strategy? Describe each of these four factors.

MedCo uses an IT system that labels a product with an electronic tag to provide realtime information. Which of the following does MedCo most likely use?

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

________ is a particularly important consideration in the establishment of a transportation network.

Which of the following should an MNE most likely consider in a make-or-buy decision?

Inbound logistics is also known as materials management.

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