GBD_tutorial_5

What is the primary goal of global business operations?

• Reducing competition

• Lowering costs and improving products

• Expanding geographically

• Achieving brand recognition

What does outsourcing typically focus on?

• Increasing internal operational capacity

• Strengthening peripheral competencies

• Focusing on core competencies

• Enhancing local sourcing

Which of the following is NOT a global sourcing arrangement?

• Wholly owned subsidiary

• Joint venture

• Franchise partner

• Independent overseas manufacturer

What is a major issue with the 'Over-the-Wall' design process?

• It involves too many stakeholders.

• It is slow and expensive.

• It prioritizes customization over standardization.

• It excludes customer input.

Which type of ISO standard focuses on environmental management?

• ISO 9000

• ISO 14001

• ISO 20000

• ISO 27001

What is a significant risk of e-procurement systems in global sourcing?

• Difficulty in scaling

• Reduced timeliness of transactions

• Security vulnerabilities

• Lack of supplier interaction

Which production system emphasizes defect-free components and synchronized supply chains?

• Just-in-case (JIC)

• Mass customization

• Just-in-time (JIT)

• Six Sigma

What does the 'Triple Bottom Line' in business sustainability refer to?

• Profit, loss, and taxes

• Economic, environmental, and social performance

• Revenue, costs, and investments

• Innovation, strategy, and execution

What are quality circles primarily used for?

• Enhancing marketing strategies

• Reducing supplier costs

• Improving functional areas and product quality

• Increasing product customization

Which of the following is NOT a potential problem with outsourcing?

• Increased transportation costs

• Strategic vulnerability

• Standardized quality assurance

• Currency fluctuations