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When designing a supply chain for strategic advantage, a company first should consider:
When designing a supply chain for strategic advantage, a company first should consider:A . the impact on customers using Just-in-Time manufacturing.B . the financial stability of suppliers.C . matching the supply chain to product type.D . whether to use custom or standard parts.View AnswerAnswer: C Explanation: When designing a supply...
Which of the following organizational design choices is an example of vertical integration?
Which of the following organizational design choices is an example of vertical integration?A . Contracting with a third-party logistics providerB . Producing components used internallyC . Externally staffing a customer service centerD . Awarding a one-time trade show contractView AnswerAnswer: B Explanation: Vertical integration refers to the process where a...
A manufacturer can simplify the forecasting process by pooling demand forecasts for a product group and then:
A manufacturer can simplify the forecasting process by pooling demand forecasts for a product group and then: A. averaging total demand and spreading it evenly across all items. B. disaggregating demand to the item level based on marketing input. C. disaggregating demand to the item level based on historical proportions....
When an importer and manufacturer are operating in a free trade zone, payment of a customs duty is triggered when products are:
When an importer and manufacturer are operating in a free trade zone, payment of a customs duty is triggered when products are:A . returned.B . assembled.C . stored.D . distributed.View AnswerAnswer: D Explanation: In a free trade zone (FTZ), payment of customs duties is triggered when products are distributed. Goods...
Which of the following actions is in accordance with the Ten Principles in the United Nations (UN) Global Compact?
Which of the following actions is in accordance with the Ten Principles in the United Nations (UN) Global Compact?A . Preventing a group of employees from forming a collective bargaining (union) groupB . Paying different wages in different parts of the world for a given job classificationC . Requiring an...
A toy company decides to buy more products from an overseas company to reduce costs.
A toy company decides to buy more products from an overseas company to reduce costs. To make sure that goods clear customs more quickly, the company most likely would engage a: A. consolidator. B. overseas carrier. C. shipping association. D. freight forwarder.View AnswerAnswer: D Explanation: To ensure that goods clear...
A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access.
A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should: A. create a...
This is an example of which of the following strategies?
A large wholesaler formerly owned a number of delivery trucks. The wholesaler sold all of its trucks and now purchases transportation services from fleet operators. This is an example of which of the following strategies? A. Selling and leasing back equipment. B. Renting equipment on consignment. C. Using a third-party...
Which of the following tools is most appropriate for the firm to use to improve customer service?
A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm’s ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for...
Compared to a global strategy, a multicountry strategy would be characterized by:
Compared to a global strategy, a multicountry strategy would be characterized by: A. strategy coordination across countries. B. preferred suppliers located in host countries. C. major strategic decisions coordinated centrally. D. products adapted to local needs.View AnswerAnswer: D Explanation: A multicountry strategy focuses on tailoring products and strategies to fit...
