Exam 11: Global Location Decisions

According to the text,the primary objective of an offshore factory is to take advantage of low labor costs.

Global location decisions are made to optimize the performance of the supply chain and be consistent with the firm's competitive strategy.

A country that imposes high tariffs encourages foreign-based companies to import goods.

Which of the following regional trade agreements is paired with the appropriate region of the world?

Which of the following issues is (are)important to consider when trying to determine the location of a firm's facilities?

Examples of regional trade agreements include all of the following EXCEPT:

A project with environmental implications is the Keystone XL pipeline.

Consideration of regional trade agreements is critical to the facility location decision process because of their impact on which of the following?:

Organizations that primarily compete on speed of delivery,such as FedEx and UPS,utilize which of the following approaches for location determination:

Which of the following factors serves as a magnet for business clusters?

Startup and other smaller firms do not typically benefit from locating in cluster areas.

Your company needs to determine the appropriate location of a factory in order to take advantage of government incentives and avoid tariff barriers,the type of factory needed can be referred to as a(n):

According to the textbook,two models that utilize quantitative data,which can help determine the attractiveness of one location versus another,are the Break-Even Model and the Extrapolated Average Cost Model.

Which of the following is a factor in choosing a location?

Which of the following would be considered a quality of life factor?

A list of quality-of-life factors would most likely include proximity to customers,proximity to suppliers,tariff rates,and currency stability.

According to the text,with increasing globalization the access to global markets and corporate networks makes the role of location less important as a source of competitive advantage.

Which of the following trade agreements was set up after WWII and originally consisted of six countries?

When a number of interconnected companies and institutions from a particular field are located in a single geographic location,that location is referred to is a(n):

A "lead factory" is set up in a location with an abundance of advanced suppliers,competitors,research facilities and knowledge centers in order to have access to the most current information on materials,components,technologies and products.