Exam 14: Global Supply Chain and Service Integration

What term refers to an increasing global connectivity,integration,and interdependence in the economic,social,technological,cultural,political,and ecological spheres?

When outsourcing,a firm should retain its core domain knowledge.

Security issues should be a key factor when evaluating outsourcing partners.

The arbitrage approach to globalization exploits the differences among national markets by locating separate parts of supply chains in different places.

Globalization is a recent trend and has only been practical in the last 50 years.

McDonald's is an example of a horizontally integrated MNC that produces the same product in different countries.

What effect on productivity do most IT organizations experience during the first year of an offshoring agreement?

What type of factory are Mexican production facilities known as maquiladoras examples of?

The basic premise of Thons Friedman's book,The World is Flat: A Brief History of the Twenty-First Century,is that the competitive playing fields between industrial and emerging market countries are changing.What describes the change?

While manufactured goods can be delivered anywhere in the world,due to the nature of services,they can only be delivered locally.

Rapid innovations in technology outsourcing require companies to

When a firm locates a production facility in a country,provides employment,and participates in community activities,what advantage might the company achieve?

While companies now outsource many services,the initial reason companies started outsourcing the manufacturing of components in the 1970s was to minimize

The United States is considered to be a highly globalized country.

The major risk that can arise out of outsourcing is trademark infringement.

Identify and describe six distinct categories for international production facilities.

Outsourcing has few risks,since production is being turned over to another company.

When an organization wants to begin international production,what is the classification of the type of factory they would probably use?

The adaptation approach to globalization achieves economies of scale by creating global operations.

An operations strategy in which a distribution company performs a variety of services on behalf of another company is identified by what term by Thomas Friedman?