Exam 18: Global Manufacturing and Supply-Chain Management

Which term refers to the network that links together the different aspects of the value chain and coordinates materials,information,and funds from the initial raw-material supplier to the ultimate customer?

Alta Designs is considering the idea of global sourcing.What would be the most likely result for Alta Designs?

Configuration is the linking or integrating of activities into a unified system.

Which of the following is one of the biggest barriers to expanding the use of outsourcing?

Jeff manages global purchasing for his employer and needs to select a new supplier.Jeff should most likely ________.

In a global supply chain,suppliers must be part of the manufacturer's organizational structure.

________ is the linking or integrating of activities into a unified system.

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

Some companies select locations in different countries to specialize in the production of parts or final goods,which is known as ________.

EDI is software that can link information flows from different parts of a business and from different geographic areas.

The Japanese approach to quality is total quality management (TQM),which stresses which of the following principles?

What are the roles of compatibility,configuration,coordination,and control in a global manufacturing strategy? Describe each of these four factors.

Which of the following is NOT a major reason that companies adopt IT systems?

Gibson Enterprises is an MNE that relies on just-in-time inventory management and lean manufacturing systems to optimize quality and efficiency.For the last few years,Gibson has used the same foreign sources for its raw materials.What is the most likely risk faced by Gibson because of foreign sourcing?

In the context of manufacturing strategy,the degree of consistency between the foreign investment decision and the company's competitive strategy is known as ________.

The Malcolm Baldrige National Quality Award is an example of a general standard that is presented annually to companies that demonstrate quality strategies and achievements.

The ability of the production process to make different kinds of products and to adjust the volume of output is known as ________.

Fewer and fewer companies are using third-party intermediaries to store and transport goods.

Inbound logistics is also known as materials management.