Exam 18: Global Manufacturing and Supply Chain Management

A multidomestic configuration is most important when ________.

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

All of the following tend to be more expensive when sourcing abroad, EXCEPT ________.

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?

When firms estimate the costs of outsourcing to low-wage countries, they often overlook problems such as long distances.

Which term refers to the network that links together the different aspects of the value chain and coordinates materials, information, and funds from the initial raw-material supplier to the ultimate customer?

A current sourcing dilemma that some companies face is whether or not they should ________.

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

At Fidelity Enterprises, raw materials, parts, and components are acquired from suppliers as they are needed in the manufacturing process so that Fidelity does not have to store large inventories.Which of the following does Fidelity most likely use?

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

An element of total quality management (TQM)that focuses on continuous improvement by identifying problems and enlisting employees to help eliminate them is known as ________.

Which of the following is NOT one of the three basic configurations that MNEs consider when establishing a global manufacturing strategy?

Rapid Technologies owns its entire supplier network, which means that the firm most likely uses ________.

The need for greater efficiency, which is closely linked to ________, forces MNEs to align their overall strategy with operations.

A comprehensive supply chain strategy should include good inventory management.

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

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

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

Deciding whether to establish production facilities in many different countries or in one centralized location is part of the ________.

Quality is defined as ________.