Question 1

Foreign trade zones (FTZs)can be either general-purpose zones or subzones.

Accepted Answer

A) True 
 B)False

Question 2

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods.Jordan is most likely a manager involved with ________.

Accepted Answer

A)  quality control 
B)  offshoring 
C)  logistics 
D)  inventory management 
A)  quality control 
B)  offshoring 
C)  logistics 
D)  inventory management

Question 3

________ is the process of a firm having inputs supplied to it for the production process.

Accepted Answer

A)  Sourcing 
B)  Subcontracting 
C)  External production 
D)  Offshoring 
A)  Sourcing 
B)  Subcontracting 
C)  External production 
D)  Offshoring

Question 4

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

Accepted Answer

A)  regional manufacturing 
B)  centralized manufacturing 
C)  multidomestic manufacturing 
D)  multicultural manufacturing 
A)  regional manufacturing 
B)  centralized manufacturing 
C)  multidomestic manufacturing 
D)  multicultural manufacturing

Question 5

Bocce Shoes,an Italian firm,set up a production facility in Vietnam to manufacture the firm's line of athletic shoes.Bocce is most likely using a(n)________ strategy.

Accepted Answer

A)  dependability 
B)  flexibility 
C)  innovation 
D)  efficiency/cost 
A)  dependability 
B)  flexibility 
C)  innovation 
D)  efficiency/cost

Question 6

What is a supply chain? How does a supply chain differ from materials management and logistics?

Accepted Answer

A company's supply chain encompasses the

Question 7

Sourcing in the home country enables a company to avoid numerous problems associated with global sourcing.

Accepted Answer

A) True 
 B)False

Question 8

A kanban system is best described as a system that ________.

Accepted Answer

A)  uses special locations for storing imported inventory to avoid paying duties 
B)  seeks to improve quality by setting a rigorous goal of zero defects 
C)  electronically links together suppliers, customers, and intermediaries 
D)  facilitates JIT by using cards to control the flow of production through a factory 
A)  uses special locations for storing imported inventory to avoid paying duties 
B)  seeks to improve quality by setting a rigorous goal of zero defects 
C)  electronically links together suppliers, customers, and intermediaries 
D)  facilitates JIT by using cards to control the flow of production through a factory

Question 9

Gates Manufacturing is striving to improve its performance reliability,speed of delivery,and product reliability.Gates is most likely focusing on a(n)________ strategy.

Accepted Answer

A)  flexibility 
B)  innovation 
C)  dependability 
D)  quality 
A)  flexibility 
B)  innovation 
C)  dependability 
D)  quality

Question 10

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

Accepted Answer

A) True 
 B)False

Question 11

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 12

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 13

What is the main information-related challenge in global supply chain management?

Accepted Answer

A)  The Internet is growing too quickly in emerging markets. 
B)  Few countries are technologically advanced. 
C)  The industrial equipment and food/agriculture industries use e-commerce more than industries such as defense and motor vehicles. 
D)  Many emerging market networks cannot be managed through the Internet because of the lack of technology. 
A)  The Internet is growing too quickly in emerging markets. 
B)  Few countries are technologically advanced. 
C)  The industrial equipment and food/agriculture industries use e-commerce more than industries such as defense and motor vehicles. 
D)  Many emerging market networks cannot be managed through the Internet because of the lack of technology.

Question 14

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

Accepted Answer

A)  cultural matrix 
B)  Six Sigma process 
C)  manufacturing configuration 
D)  innovation matrix 
A)  cultural matrix 
B)  Six Sigma process 
C)  manufacturing configuration 
D)  innovation matrix

Question 15

Which of the following is a sourcing strategy in the global context?

Accepted Answer

A)  use only local purchasing agents 
B)  establish local purchasing offices 
C)  purchase only from global suppliers 
D)  assign domestic buyers for international purchasing 
A)  use only local purchasing agents 
B)  establish local purchasing offices 
C)  purchase only from global suppliers 
D)  assign domestic buyers for international purchasing

Question 16

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is most likely a true statement about using the Internet in supply chain management?

Accepted Answer

A)  The Internet is universally accessible. 
B)  The Internet slows internal processes in a company. 
C)  The Internet minimizes efficiency gains to a company's suppliers. 
D)  The Internet prevents a deeper level of collaboration and communication. 
A)  The Internet is universally accessible. 
B)  The Internet slows internal processes in a company. 
C)  The Internet minimizes efficiency gains to a company's suppliers. 
D)  The Internet prevents a deeper level of collaboration and communication.

Question 18

The manufacturing plants of Orion Computers are located closer to customers rather than in low-wage areas.What is the most likely reason for this strategy?

Accepted Answer

A)  competitor locations in emerging markets 
B)  overseas producers with innovative designs 
C)  customer demand for dependability 
D)  diversification of product lines 
A)  competitor locations in emerging markets 
B)  overseas producers with innovative designs 
C)  customer demand for dependability 
D)  diversification of product lines

Question 19

Most U.S.companies have moved from a total quality management (TQM)approach to an acceptable quality level (AQL)approach.

Accepted Answer

A) True 
 B)False

Question 20

Fortis Manufacturing Systems uses a highly focused system of quality control that takes a statistical approach and scrutinizes the firm's entire production system.Fortis most likely uses ________.

Accepted Answer

A)  total quality management 
B)  acceptable quality levels 
C)  just-in-time processes 
D)  Six Sigma processes 
A)  total quality management 
B)  acceptable quality levels 
C)  just-in-time processes 
D)  Six Sigma processes

Foreign trade zones (FTZs)can be either general-purpose zones or subzones.

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods.Jordan is most likely a manager involved with ________.

________ is the process of a firm having inputs supplied to it for the production process.

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

Bocce Shoes,an Italian firm,set up a production facility in Vietnam to manufacture the firm's line of athletic shoes.Bocce is most likely using a(n)________ strategy.

What is a supply chain? How does a supply chain differ from materials management and logistics?

Sourcing in the home country enables a company to avoid numerous problems associated with global sourcing.

A kanban system is best described as a system that ________.

Gates Manufacturing is striving to improve its performance reliability,speed of delivery,and product reliability.Gates is most likely focusing on a(n)________ strategy.

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

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

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

What is the main information-related challenge in global supply chain management?

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

Which of the following is a sourcing strategy in the global context?

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Which of the following is most likely a true statement about using the Internet in supply chain management?

The manufacturing plants of Orion Computers are located closer to customers rather than in low-wage areas.What is the most likely reason for this strategy?

Most U.S.companies have moved from a total quality management (TQM)approach to an acceptable quality level (AQL)approach.

Fortis Manufacturing Systems uses a highly focused system of quality control that takes a statistical approach and scrutinizes the firm's entire production system.Fortis most likely uses ________.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

Globalization and Society

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 and Finance Issues

International Human Resource Management

Filters

Exam 18: Global Manufacturing and Supply-Chain Management

Foreign trade zones (FTZs)can be either general-purpose zones or subzones.

Jordan,a manager at an MNE,is responsible for supervising the transportation and storage of materials and final goods.Jordan is most likely a manager involved with ________.

________ is the process of a firm having inputs supplied to it for the production process.

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

Bocce Shoes,an Italian firm,set up a production facility in Vietnam to manufacture the firm's line of athletic shoes.Bocce is most likely using a(n)________ strategy.

What is a supply chain? How does a supply chain differ from materials management and logistics?

Sourcing in the home country enables a company to avoid numerous problems associated with global sourcing.

A kanban system is best described as a system that ________.

Gates Manufacturing is striving to improve its performance reliability,speed of delivery,and product reliability.Gates is most likely focusing on a(n)________ strategy.

Independent suppliers can connect to a company's intranet to help automate and organize delivery of components to that company.

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

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

What is the main information-related challenge in global supply chain management?

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

Which of the following is a sourcing strategy in the global context?

Cost-minimization strategies force MNEs to establish economies of scale in manufacturing.

Which of the following is most likely a true statement about using the Internet in supply chain management?

The manufacturing plants of Orion Computers are located closer to customers rather than in low-wage areas.What is the most likely reason for this strategy?

Most U.S.companies have moved from a total quality management (TQM)approach to an acceptable quality level (AQL)approach.

Fortis Manufacturing Systems uses a highly focused system of quality control that takes a statistical approach and scrutinizes the firm's entire production system.Fortis most likely uses ________.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

Globalization and Society

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 and Finance Issues

International Human Resource Management

Filters