Question 1

The three levels of quality standards are general,international,and industry-specific.

Accepted Answer

A) True 
 B)False

Question 2

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

How has technology altered supply chain management? Discuss some of the available tools.

Accepted Answer

Many companies use electronic data inter

Question 5

Which of the following is one of the four phases of purchasing globalization?

Accepted Answer

A)  foreign buying as a part of procurement strategy 
B)  complete rejection of domestic purchasing 
C)  foreign buying based on want 
D)  global purchasing only 
A)  foreign buying as a part of procurement strategy 
B)  complete rejection of domestic purchasing 
C)  foreign buying based on want 
D)  global purchasing only

Question 6

Foreign trade zones (FTZs)can be divided into ________ and ________.

Accepted Answer

A)  domestic zones; global zones 
B)  import zones; export zones 
C)  general-purpose zones; subzones 
D)  foreign-goods zones; domestic-materials zones 
A)  domestic zones; global zones 
B)  import zones; export zones 
C)  general-purpose zones; subzones 
D)  foreign-goods zones; domestic-materials zones

Question 7

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?

Accepted Answer

A)  just-in-time (JIT) 
B)  total quality management (TQM) 
C)  six Sigma 
D)  acceptable quality level (AQL) 
A)  just-in-time (JIT) 
B)  total quality management (TQM) 
C)  six Sigma 
D)  acceptable quality level (AQL)

Question 8

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

Accepted Answer

A)  use outsourcing as a reward to underperforming employees 
B)  make critical components for which they have competencies 
C)  outsource innovative processes 
D)  measure supplier performance 
A)  use outsourcing as a reward to underperforming employees 
B)  make critical components for which they have competencies 
C)  outsource innovative processes 
D)  measure supplier performance

Question 9

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe.Roland is most likely using a ________ manufacturing strategy.

Accepted Answer

A)  centralized 
B)  regional 
C)  global 
D)  country-specific 
A)  centralized 
B)  regional 
C)  global 
D)  country-specific

Question 10

________ strategies and the drive for global efficiencies force MNEs to establish economies of scale in manufacturing.

Accepted Answer

A)  Cost 
B)  Quality control 
C)  Cost-minimization 
D)  Flexibility 
A)  Cost 
B)  Quality control 
C)  Cost-minimization 
D)  Flexibility

Question 11

Quality is defined as ________.

Accepted Answer

A)  meeting or exceeding the expectations of the customer 
B)  meeting the everyday low price expected by the customer 
C)  meeting international quality standards, such as ISO 9000 
D)  meeting internal quality standards 
A)  meeting or exceeding the expectations of the customer 
B)  meeting the everyday low price expected by the customer 
C)  meeting international quality standards, such as ISO 9000 
D)  meeting internal quality standards

Question 12

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

Accepted Answer

A) True 
 B)False

Question 13

Inbound logistics is also known as ________.

Accepted Answer

A)  internal logistics 
B)  materials management 
C)  the internal supply chain 
D)  value-added management 
A)  internal logistics 
B)  materials management 
C)  the internal supply chain 
D)  value-added management

Question 14

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

Accepted Answer

A) True 
 B)False

Question 15

A comprehensive supply chain strategy should include good inventory management.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

Accepted Answer

Japanese keiretsus are groups of indepen

Question 18

Before the strong emphasis on zero defects,U.S.companies operated under the premise of ________,which allowed a level of poor quality with the assumption that service warranties and repair facilities would deal with product defects.

Accepted Answer

A)  Six Sigma 
B)  acceptable quality level 
C)  just-in-time inventory management (JIT) 
D)  ISO 9000 
A)  Six Sigma 
B)  acceptable quality level 
C)  just-in-time inventory management (JIT) 
D)  ISO 9000

Question 19

Why are the concepts of dependability and quality important when developing a global manufacturing strategy?

Accepted Answer

Many factors besides cost must also be t

Question 20

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

Accepted Answer

A)  value-added networks 
B)  e-commerce 
C)  electronic data interchange 
D)  private technology exchange 
A)  value-added networks 
B)  e-commerce 
C)  electronic data interchange 
D)  private technology exchange

The three levels of quality standards are general,international,and industry-specific.

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

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

How has technology altered supply chain management? Discuss some of the available tools.

Which of the following is one of the four phases of purchasing globalization?

Foreign trade zones (FTZs)can be divided into and .

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?

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

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe.Roland is most likely using a ________ manufacturing strategy.

________ strategies and the drive for global efficiencies force MNEs to establish economies of scale in manufacturing.

Quality is defined as ________.

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

Inbound logistics is also known as ________.

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

A comprehensive supply chain strategy should include good inventory management.

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

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

Before the strong emphasis on zero defects,U.S.companies operated under the premise of ________,which allowed a level of poor quality with the assumption that service warranties and repair facilities would deal with product defects.

Why are the concepts of dependability and quality important when developing a global manufacturing strategy?

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

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

The three levels of quality standards are general,international,and industry-specific.

Duty-free zones are special locations for storing domestic and imported inventory in order to avoid paying duties until the inventory is sold.

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

How has technology altered supply chain management? Discuss some of the available tools.

Which of the following is one of the four phases of purchasing globalization?

Foreign trade zones (FTZs)can be divided into ________ and ________.

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?

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

Roland Enterprises,an American company,has a manufacturing facility in France in order to serve customers throughout Europe.Roland is most likely using a ________ manufacturing strategy.

________ strategies and the drive for global efficiencies force MNEs to establish economies of scale in manufacturing.

Quality is defined as ________.

Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

Inbound logistics is also known as ________.

Warehouse configuration is a particularly important consideration in the establishment of a transportation network.

A comprehensive supply chain strategy should include good inventory management.

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

What has been the influence of Japan on supply chain management? In your answer,discuss the concepts of industrial clustering and quality.

Before the strong emphasis on zero defects,U.S.companies operated under the premise of ________,which allowed a level of poor quality with the assumption that service warranties and repair facilities would deal with product defects.

Why are the concepts of dependability and quality important when developing a global manufacturing strategy?

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

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

Foreign trade zones (FTZs)can be divided into and .