Exam (elaborations)
GLOBAL OPERATIONS AND SUPPLY CHAIN MANAGEMENT TEST 3 QUESTIONS AND ANSWERS
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GLOBAL OPERATIONS AND SUPPLY CHAIN MANAGEMENT TEST 3 QUESTIONS AND ANSWERS
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1-73 of 73suppliers: can then submit...
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private quotes to the buyer
buyers: can post their purchasing needs...
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online for all prospective suppliers to view
Shell Supply Chain China: example of ...
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horizontal integration
(Managing costs and customer needs through mass customization)
mass customization- the use of flexible, usually computer-aided, manufacturing
systems to produce and...
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deliver customized products and services for different customers
worldwide
Vertical Integration: purchase of companies at ...
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ALL levels of production
, -JIT developed to enable firms to..
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manage inventory cost and enhance quality
Fiscal policy:
-national concerns..
-international concerns..
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- budgets and debts/surpluses
-trade relationships
(problems with global sourcing)
-companies making foreign purchases may find that the supposedly low price of the
import is...
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not low when all costs are considered
Outsourcing- hiring others to perform some of the noncore activities and decision
making in a ...
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