Exam 17: Global Production and Supply Chain Management

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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.

(Multiple Choice)

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Question 21

Describe the major arguments put forth by Edward Deming.

(Essay)

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Question 22

Just-in-time inventory systems

(Multiple Choice)

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Question 23

Mass customization facilitates product customization at low costs.

(True/False)

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Question 24

One way to reduce risks associated with a JIT global supply chain is to source inputs from several suppliers located in different countries.

(True/False)

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Question 25

Global learning refers to the idea that valuable knowledge does not reside just in a firm's domestic operations.

(True/False)

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Question 26

Other things being equal, a firm should locate its various manufacturing activities where the relative factor costs are conducive to the performance of those activities.

(True/False)

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Question 27

The level of output at which most plant-level scale economies are exhausted is referred to as the

(Multiple Choice)

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Question 28

Products such as electronic components and pharmaceuticals have low value-to-weight ratios.

(True/False)

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Question 29

Which of the following statements is true of the country factors that govern international business?

(Multiple Choice)

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Question 30

Which of the following situations would lead a firm to choose to decentralize production?

(Multiple Choice)

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Question 31

Firms would prefer buying component parts, or an entire product, from independent suppliers to protect proprietary product technologies.

(True/False)

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Question 32

Managers in a source factory operate in essentially the same way that managers in an offshore factory operate. They have very little say in purchasing or logistics decisions.

(True/False)

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Question 33

How does the type of technology a firm uses affect its decision of where to locate production?

(Essay)

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Question 34

An advantage of engaging in in-house production of products and components is that

(Multiple Choice)

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Question 35

The Six Sigma methodology

(Multiple Choice)

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Question 36

Concentration of production is appropriate when

(Multiple Choice)

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Question 37

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?

(Multiple Choice)

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Question 38

Identify an advantage of adopting a low minimum efficient scale.

(Multiple Choice)

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Question 39

Which of the following statements is true of cloud-based EDI systems?

(Multiple Choice)

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Question 40

Showing 21 - 40 of 105

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.

Describe the major arguments put forth by Edward Deming.

Just-in-time inventory systems

Mass customization facilitates product customization at low costs.

One way to reduce risks associated with a JIT global supply chain is to source inputs from several suppliers located in different countries.

Global learning refers to the idea that valuable knowledge does not reside just in a firm's domestic operations.

Other things being equal, a firm should locate its various manufacturing activities where the relative factor costs are conducive to the performance of those activities.

The level of output at which most plant-level scale economies are exhausted is referred to as the

Products such as electronic components and pharmaceuticals have low value-to-weight ratios.

Which of the following statements is true of the country factors that govern international business?

Which of the following situations would lead a firm to choose to decentralize production?

Firms would prefer buying component parts, or an entire product, from independent suppliers to protect proprietary product technologies.

Managers in a source factory operate in essentially the same way that managers in an offshore factory operate. They have very little say in purchasing or logistics decisions.

How does the type of technology a firm uses affect its decision of where to locate production?

An advantage of engaging in in-house production of products and components is that

The Six Sigma methodology

Concentration of production is appropriate when

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?

Identify an advantage of adopting a low minimum efficient scale.

Which of the following statements is true of cloud-based EDI systems?

Globalization

National Differences in Political, Economic, and Legal Systems

National Differences in Economic Development

Differences in Culture

Ethics, Corporate Social Responsibility, and Sustainability

International Trade Theory

Government Policy and International Trade

Foreign Direct Investment

Regional Economic Integration

The Foreign Exchange Market

The International Monetary System

The Global Capital Market

The Strategy of International Business

The Organization of International Business

Entry Strategy and Strategic Alliances

Exporting, Importing, and Countertrade

Global Marketing and R&D

Global Human Resource Management

Accounting and Finance in the International Business

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