Exam 15: Managing International Operations

Explain the process of facilities location planning.What issues must companies consider while selecting the location for their production facilities?

________ refers to the foreign direct investment in factories,equipment,and land that cannot be pulled out of the market quickly.

A major disadvantage of American Depository Receipts (ADRs)is that investors who buy them must pay currency-conversion fees.

Scenario: Verandas International Verandas International is expanding its operations in North America.The Dutch company supplies customized furniture to five-star hotels.Verandas International is a leader in this industry,but the company believes it must increase its geographic reach to maintain that position. -If Verandas International chooses to pursue equity financing,but wants to avoid the time and money required to comply with stock exchange regulations,the company would most likely issue ________.

How can companies use internal funding to finance ongoing international business activities?

The process by which a company extends its control over additional stages of production is called ________.

________ appeals to companies because it lowers the amount of taxes the companies must pay.

Which of the following statements is true regarding total quality management (TQM)?

Computer companies buying hardware components from component-makers,assembling them in their own facilities,and selling completed systems to consumers and businesses is an example of ________.

Which of the following types of money adds to the volatility of emerging markets because it can be quickly withdrawn from its investment?

Total quality management reduces the responsibility on each individual in the production process.

Scenario: Verandas International Verandas International is expanding its operations in North America.The Dutch company supplies customized furniture to five-star hotels.Verandas International is a leader in this industry,but the company believes it must increase its geographic reach to maintain that position. -The Verandas U.S.subsidiary was turned down when it tried to borrow from a U.S.bank.The bank manager suggested that the parent firm deposit money with the U.S.bank's Dutch branch,and then the U.S.bank's home office would lend the money to the U.S.subsidiary.This type of arrangement is known as a(n)________.

The process of assessing a company's ability to produce enough output to satisfy market demand is called ________.

________ in the computer industry is the outsourcing of the actual assembly of computers plus the job of shipping them to distributors and other intermediaries.

What role does flexibility play in the make-or-buy decision?

The particular process to be used to create products is typically determined by a firm's business-level strategy.

________ is the term used to refer to a production technique in which inventory is kept to a minimum and inputs to the production process arrive exactly when they are needed.

Which of the following terms refers to the decision of whether to produce a component internally or to outsource it from another company?

Discuss the standardization versus adaptation decision for managers when considering production facilities,and describe considerations for managers when acquiring fixed assets.

Which of the following processes will a computer assembling firm engage in if it decides to manufacture its own monitors and printers?