Exam 15: Managing International Operations

A production technique in which inventory is kept to a minimum and inputs to the production process arrive exactly when they are needed is called ________.

Discuss why companies strive toward quality improvement and the two methods of doing so.

Discuss the facilities location planning process. What issues must companies consider as they select the location for their production facilities?

Two resources that heavily influence the productivity of a location are ________.

If a Mexican company forms a new subsidiary in the U.S. but the subsidiary cannot obtain a U.S. bank loan, the company might want to obtain funding by ________.

Making an in-house product that requires large investments in equipment and buildings can reduce flexibility.

A certificate that trades in the United States and represents a specific number of shares in a non-U.S. company is referred to as an ________.

Worker productivity tends to be lower in developing nations than in developed nations.

Which of these refers to the situation when facilities are spread over several locations and could even mean having one facility for each national business environment in which the company markets its products?

A computer maker who decides to manufacture its own monitors and printers is engaging in ________.

Which of these refers to deciding the spatial arrangement of production processes within production facilities?

What options are available to companies seeking financial resources?

Low-cost strategies normally require large-scale production because producers want the cost savings generated by economies of scale.

American Depository Receipts (ADRs) are certificates that trade in the United States and represent a specific number of shares of stock in a non-U.S. company.

A loan in which a parent company deposits money with a host-country bank, which then lends it to a subsidiary located in the host country is called a ________.

Important environmental factors in facilities location planning include ________.

Selecting the location for production facilities is called ________.

Economic benefits derived from locating production activities in optimal locations are known as ________.

________ contributes to the volatility of emerging stock markets because it can be quickly withdrawn.

Which of these is a reason to make a component instead of buying from others?