Exam 13: Global Operations and Supply-Chain Management

The production systems of Honda Motor Company,the Boeing Company,and Toshiba Corporation,would be called _____ systems.

______ is responsible for the acquisition of goods and services in the production process.

Scenario - Jenkins and Jones Corporation Michael Jenkins and Emma Jones started the Jenkins and Jones Corporation in 1976 in Kansas,USA.The initial goal of this company was to serve customers throughout the United States.Since the company's inception it has grown at an outstanding rate.It now serves online customers as well as customers in ten foreign nations.Jenkins and Jones is now looked at as the industry's benchmark company due to its superior supply chain management skills.Its practices and techniques are used by many other organizations in the industry to improve their own supply chain management skills. -As the Jenkins and Jones Corporation continues to grow and expand,one of the strategic decisions it must face is that of location of its facilities.Which one of the following does not relate to the problem of location?

When the goods dominate the value of the product,the production system is typically called a(n)________ system.

Scenario - Jenkins and Jones Corporation Michael Jenkins and Emma Jones started the Jenkins and Jones Corporation in 1976 in Kansas,USA.The initial goal of this company was to serve customers throughout the United States.Since the company's inception it has grown at an outstanding rate.It now serves online customers as well as customers in ten foreign nations.Jenkins and Jones is now looked at as the industry's benchmark company due to its superior supply chain management skills.Its practices and techniques are used by many other organizations in the industry to improve their own supply chain management skills. -If Jenkins and Jones would decide to maintain its product production on a domestic basis,there would be certain advantages the company could expect from making this decision.Which one of the following would not be considered an advantage of domestic production?

When a firm has been making goods and services in-house,and then decides to buy these goods and services from suppliers is referred to as offshoring.

The supply chains of global businesses such as Boeing,Ford,United Airlines,and the pharmaceutical companies Merck and Pfizer are known as _____ supply chains.

Goods and services that integrate a product are called __________.

Of the following,which is NOT a disadvantage of global procurement?

Collections of computer hardware and software arranged to transmit information from one place to another are known as _____.

__________ occurs when a firm buys components and raw materials globally.

A major advantage of making components and raw materials in-house is that the firm is not required to honor protections of intellectual property.

One production facility will usually be favored when

Scenario - Ardella Enterprises Twenty years ago two people from New Jersey,USA had a dream of building a superior company that would have global operations with an unparalleled supply chain.The idea took root and Ardella Enterprises was born.This company conducts operations across four continents.It has earned a reputation for prompt deliveries,accurate shipments,and exemplary customer service.This partnership is quickly taking the lead in the industry and is contemplating further expansion.Ardella Enterprises grossed over $11 billion last year.Its plan for additional expansion and growing Internet influence is projected to increase sales by two billion dollars within the first year. -Which one of the following would describe Ardella Enterprises if it would decide to stop purchasing goods and services from suppliers and instead make the goods and services in-house?

ERP systems aim to

______ refers to the management of the direct resources that are involved in the production system of a business organization.

The practice of producing components and raw materials in-house AND purchasing them from suppliers is referred to as a supply-chain malfunction.

The activities in operations management can be grouped into four business functions: procurement,production,logistics,and research and development.

______ is responsible for the design of new products in the production process.

__________ refers to collections of computer hardware and software arranged to transmit information from one place to another.