Offshoring - Study guides, Class notes & Summaries

Which of the following is NOT included in the information flow? Receipts Specifications Invoices Supplies correct answers supplies A cell-phone manufacturing company wants to simplify their production and decides to ask an outside supplier to produce their memory chips. This is an example of: Nearshoring Offshoring Outsourcing Nearsourcing correct answers Outsourcing A customer buys a new vacuum cleaner at Costco, then realizes it's the wrong kind so she returns it. Costco now nee...

Systems Perspective correct answers Stepping back to view an entire process of an operation, entity or business in relationship to its environment. Line View of Production correct answers A series of related tasks are completed in succession (Straight Line) Circular View of production correct answers A series of related tasks are completed in succession, analyzed and the insights are used to increase efficiency in the next cycle benefits of systems thinking correct answers 1.Help everyo...

Globalization provides opportunities to increase ______ and decrease _______ on Supply Chain Networks correct answers revenues; costs Success and failure of globalization on a supply chain network are determined by.... correct answers reducing risk in supply chain design with globalization the uncertainty of demand and price drive the... correct answers value of building flexible production capacity 2 reasons *offshoring* fails: correct answers 1. Focusing on *unit cost* rather than *to...

How can a private firm appropriately maximize shareholder value? - CORRECT ANSWER By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - CORRECT ANSWER Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - CORRECT ANSWER Bonds Which two effects does the unbun...

IE BBA Management Final Exam Review Questions With Answers System An interconnected and coordinated set of elements and processes that converts inputs to desired outputs Point View A single task is completed in isolation Line View A series of related tasks are completed in succession Circular View A series of related tasks are completed in succession, the results are analyzed, and the insights are used to improve quality and efficiency of the next cycle of the process Va...

IE BBA Management Final Exam Review Questions With Answers System An interconnected and coordinated set of elements and processes that converts inputs to desired outputs Point View A single task is completed in isolation Line View A series of related tasks are completed in succession Circular View A series of related tasks are completed in succession, the results are analyzed, and the insights are used to improve quality and efficiency of the next cycle of the process Va...

How can a private firm appropriately maximize shareholder value? - ANSWER-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - ANSWER-Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - ANSWER-Bonds What are the likeliest outcomes if a company outsources the manufacturing of ...

MKTG 3340 Quiz 4 Correctly Answered 2024. Sourcing Evaluating and hiring suppliers Procurement Purchasing goods and services from suppliers Brainpower Read More Outsourcing Hiring an organization to do a task previously performed by a firm Offshoring Outsourcing work to companies located overseas Insource The process of having an employee of your organization complete a marketing project, or hiring staff for an ongoing marketing function Advantages of outsour...

________ refers to transferring a part or all of a business function to a facility in another country. - Answer- Offshoring What can a manager do to benefit from systems thinking? - Answer- Solve problems instead of moving them to another subsystem. Dynamic pricing refers to offering temporary price reductions to stimulate sales. - Answer- False One of the five areas where HR can help company leadership is in ________. - Answer- transparency and inclusiveness in networking opportunities...

4 problems often discussed in relation to the sharing economy & gig work: correct answers1) Outsourcing: - A key problem is that it has intensified already existing issues surrounding the outsourcing of labour such as the offshoring of work from local labour markets to the global market. - This creates enormous pressures, as it increases unemployment and moves young workers into precarious work or under employment. - Under employment describes when a person takes a job that does not match ...