Question 1

How did Zara integrate its various operations around the world?

Accepted Answer

The answer of How did Zara integrate its various operations...

Question 2

How can the company improve the management of its global supply chain?

Accepted Answer

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Question 3

_____ refers to a system designed to deliver supplies to production as they are needed.

Accepted Answer

A)  Electronic procurement system 
B)  Just-in-time inventory system 
C)  Electronic data interchange system 
D)  Enterprise data interchange system 
A)  Electronic procurement system 
B)  Just-in-time inventory system 
C)  Electronic data interchange system 
D)  Enterprise data interchange system

Question 4

The following approach helps improve the management of global production except ___.

Accepted Answer

A)  Defining the roles of foreign plants 
B)  Incorporating standardization to ensure consistency 
C)  Ensuring coordination of worldwide production activities 
D)  Outsourcing the management of global production 
A)  Defining the roles of foreign plants 
B)  Incorporating standardization to ensure consistency 
C)  Ensuring coordination of worldwide production activities 
D)  Outsourcing the management of global production

Question 5

What factors should be considered when choosing an overseas R&D location?

Accepted Answer

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Question 6

What are the benefits and drawbacks of global sourcing?

Accepted Answer

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Question 7

Which of the following is typically considered a primary activity in the chain of operations?

Accepted Answer

A)  Human resource management 
B)  Financing and accounting 
C)  Production 
D)  Corporate management 
A)  Human resource management 
B)  Financing and accounting 
C)  Production 
D)  Corporate management

Question 8

What is the primary reason for offshoring?

Accepted Answer

A)  To enter international markets 
B)  To lower operational costs 
C)  To gain international experience 
D)  To switch suppliers 
A)  To enter international markets 
B)  To lower operational costs 
C)  To gain international experience 
D)  To switch suppliers

Question 9

Which of the following is not a reason for global production?

Accepted Answer

A)  Gain access to low-cost inputs 
B)  Gain access to qualified workforce 
C)  Enhance coordination among global operations 
D)  Have customized production of foreign markets 
A)  Gain access to low-cost inputs 
B)  Gain access to qualified workforce 
C)  Enhance coordination among global operations 
D)  Have customized production of foreign markets

Question 10

Under what conditions should international companies outsource their business operations, have in-house operations, or form strategic alliances?

Accepted Answer

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Question 11

When should an MNC outsource a business operation or conduct it in house?

Accepted Answer

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Question 12

What are the pros and cons of global R&D?

Accepted Answer

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Question 13

Which of the following factors makes exporting from home-country production more viable than local production in overseas markets?

Accepted Answer

A)  Abundant supply of labor in overseas locations 
B)  High fixed costs of production 
C)  High trade barriers 
D)  All of the above 
A)  Abundant supply of labor in overseas locations 
B)  High fixed costs of production 
C)  High trade barriers 
D)  All of the above

Question 14

What locations are more likely to attract outsourced R&D services?

Accepted Answer

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Question 15

Which of the following is an objective of supply chain management?

Accepted Answer

A)  Increase the cost of value creation 
B)  Reduce inventory turnover 
C)  Increase the efficiency of logistics 
D)  Reduce market responsiveness 
A)  Increase the cost of value creation 
B)  Reduce inventory turnover 
C)  Increase the efficiency of logistics 
D)  Reduce market responsiveness

Question 16

The practice of a company relocating an operation to a foreign location is called______.

Accepted Answer

A)  Offshoring 
B)  Onshoring 
C)  Outsourcing 
D)  Insourcing 
A)  Offshoring 
B)  Onshoring 
C)  Outsourcing 
D)  Insourcing

Question 17

Which of the following is a reason for global production?

Accepted Answer

A)  Strengthen control over production processes 
B)  Respond to host-country market demand 
C)  Optimize supply chain management 
D)  All of the above 
A)  Strengthen control over production processes 
B)  Respond to host-country market demand 
C)  Optimize supply chain management 
D)  All of the above

Question 18

How would you define "Made in USA"? Do you agree with the FTC standard?

Accepted Answer

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Question 19

According to the textbook, which of the following is the main function of Google's research center in China?

Accepted Answer

A)  Transfer and adapt technology to the Chinese markets 
B)  Develop new technologies for the global marketplace 
C)  Outsource R&D work to low-cost suppliers 
D)  Offer new products to the Chinese market 
A)  Transfer and adapt technology to the Chinese markets 
B)  Develop new technologies for the global marketplace 
C)  Outsource R&D work to low-cost suppliers 
D)  Offer new products to the Chinese market

Question 20

What kind of companies are more likely to bring production back home?

Accepted Answer

The answer of What kind of companies are more likely...

How did Zara integrate its various operations around the world?

How can the company improve the management of its global supply chain?

_____ refers to a system designed to deliver supplies to production as they are needed.

The following approach helps improve the management of global production except ___.

What factors should be considered when choosing an overseas R&D location?

What are the benefits and drawbacks of global sourcing?

Which of the following is typically considered a primary activity in the chain of operations?

What is the primary reason for offshoring?

Which of the following is not a reason for global production?

Under what conditions should international companies outsource their business operations, have in-house operations, or form strategic alliances?

When should an MNC outsource a business operation or conduct it in house?

What are the pros and cons of global R&D?

Which of the following factors makes exporting from home-country production more viable than local production in overseas markets?

What locations are more likely to attract outsourced R&D services?

Which of the following is an objective of supply chain management?

The practice of a company relocating an operation to a foreign location is called______.

Which of the following is a reason for global production?

How would you define "Made in USA"? Do you agree with the FTC standard?

According to the textbook, which of the following is the main function of Google's research center in China?

What kind of companies are more likely to bring production back home?

Globalization

Trade

Foreign Direct Investment

Economic Environment

Political and Legal Environment

Social and Cultural Environment

The Foreign Exchange Market and the International Monetary System

Managing Entry and Exit Decisions

Managing People

Managing Money

Managing Customers

Managing Sustainability

Filters

Exam 11: Managing Operations

How did Zara integrate its various operations around the world?

How can the company improve the management of its global supply chain?

_____ refers to a system designed to deliver supplies to production as they are needed.

The following approach helps improve the management of global production except ___.

What factors should be considered when choosing an overseas R&D location?

What are the benefits and drawbacks of global sourcing?

Which of the following is typically considered a primary activity in the chain of operations?

What is the primary reason for offshoring?

Which of the following is not a reason for global production?

Under what conditions should international companies outsource their business operations, have in-house operations, or form strategic alliances?

When should an MNC outsource a business operation or conduct it in house?

What are the pros and cons of global R&D?

Which of the following factors makes exporting from home-country production more viable than local production in overseas markets?

What locations are more likely to attract outsourced R&D services?

Which of the following is an objective of supply chain management?

The practice of a company relocating an operation to a foreign location is called______.

Which of the following is a reason for global production?

How would you define "Made in USA"? Do you agree with the FTC standard?

According to the textbook, which of the following is the main function of Google's research center in China?

What kind of companies are more likely to bring production back home?

Globalization

Trade

Foreign Direct Investment

Economic Environment

Political and Legal Environment

Social and Cultural Environment

The Foreign Exchange Market and the International Monetary System

Managing Entry and Exit Decisions

Managing People

Managing Money

Managing Customers

Managing Sustainability

Filters