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Distribution from which of the following types of sites enables goods to enter a country, undergo further modification, and then be exported without paying customs duties?
Distribution from which of the following types of sites enables goods to enter a country, undergo further modification, and then be exported without paying customs duties?A . Public warehouseB . Value-added territoryC . Free trade zoneD . Customs clearing houseView AnswerAnswer: C Explanation: Distribution from a free trade zone (FTZ)...
Which of the following marketing strategies emphasizes offering services at a lower price than rival services with comparable features?
Which of the following marketing strategies emphasizes offering services at a lower price than rival services with comparable features?A . Cost leadershipB . Service differentiationC . Customer focusD . Market responsivenessView AnswerAnswer: A Explanation: Cost leadership is a strategy where a company aims to become the lowest-cost producer in its...
Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:
Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the: A. forward supply chain. B. marketing process. C. manufacturing process. D. sales and operations planning process.View AnswerAnswer: A Explanation: Context: Viewing the reverse supply chain...
Which of the following indicators is most appropriate to use as a measure of supply chain utilization?
Which of the following indicators is most appropriate to use as a measure of supply chain utilization? A. Production equipment productivity B. Net asset turnover C. Value-added productivity per employee D. Upside flexibilityView AnswerAnswer: B Explanation: Context: Measuring supply chain utilization involves understanding how effectively resources are used in the...
Continuous improvement is best described as:
Continuous improvement is best described as:A . a never-ending effort to expose and eliminate root causes of problems.B . a never-ending effort by the management team to reduce cycle time.C . identifying and implementing big-step improvements within a process.D . a process in which a supplier commits to replenishing inventory...
Medium-term demand management projections are used primarily to:
Medium-term demand management projections are used primarily to:A . complete strategic business planning of facilities.B . complete forecasts at the item level.C . aggregate demand for production planning.D . develop the master production schedule.View AnswerAnswer: C Explanation: Medium-term demand management projections typically cover a horizon of several months to a...
The main benefit of a mass customization product design strategy is to:
The main benefit of a mass customization product design strategy is to: A. sell high quantities of product to specific customer segments. B. achieve economies of scale in purchasing components. C. offer more product variety while keeping inventories low. D. avoid assembly of finished products.View AnswerAnswer: C Explanation: Context: Mass...
A company most likely would consider moving a portion of its manufacturing to a second location to:
A company most likely would consider moving a portion of its manufacturing to a second location to:A . improve competitive advantage through cost control.B . avoid manufacturing downtime due to material shortages.C . maximize security for customer shipments.D . minimize the impact of natural disasters.View AnswerAnswer: D Explanation: A company...
This difference most likely will have implications for which of the following types of future decisions?
A manufacturer uses standard costing, and a potential supplier uses activity-based costing. This difference most likely will have implications for which of the following types of future decisions?A . Price concessionsB . Make-or-buyC . Distribution warehouse locationsD . Freight termsView AnswerAnswer: B Explanation: The use of different costing methods by...
The most appropriate reason for a business to comply with the United Nations (UN) Global Compact practices typically would be to:
The most appropriate reason for a business to comply with the United Nations (UN) Global Compact practices typically would be to:A . enhance the competitive advantage.B . gain access to proven management tools.C . reduce the threat of organized labor.D . reduce the cost of operating in multiple countries.View AnswerAnswer:...
