BUAD 331 Exam 4 Accurate 100%(Graded A+)

Challenges of Global Supply Chains - ANSWER- increased requirements for coordination between partners -cost pressure -high customer expectations -risk of SC disruptions and threats -high levels of material scarcity -different government rules and regulations -environmental concerns and sustainability Ghemawat Perspective - ANSWEReverything is regional, regional supply chain to support regional demand Problem with Ghemawat: - ANSWERgreat unevenness of capabilities in the regions Example of Ghemawat: - ANSWERNissan and other European and asian car companies having manufacturing plants all across the southeastern U.S. Why might a company consider expanding its supply chain internationally? To obtain access to lower-cost suppliers To take advantage of a skilled labor base in another country To support international expansion of sales To fend off competition from an international competitor All of the above - ANSWERAll of the above What is the biggest cause of difficulties in working with another culture? Language differences Different ways of making decisions and approaching business Physical distance to the market Not showing up to meetings on time - ANSWERDifferent ways of making decisions and approaching business Which supply chain strategy is most popular with companies today? Purely global manufacturing with very few global production locations Purely local manufacturing with production in every market R