Global Interdependence and the Supply Chain

What does global interdependence mean?

• Countries operate independently

• Countries rely on each other for goods and services

• Countries avoid international trade

• Countries produce all goods domestically

Which of the following is a key feature of an international supply chain?

• All production occurs in one country

• Products are made and sold locally

• Different parts of a product are made in different countries

• No transportation is involved

Why do companies use international supply chains?

• To increase local employment

• To reduce efficiency

• To save money and access specialized skills

• To avoid global markets

How can natural disasters affect international trade?

• They improve shipping times

• They reduce product quality

• They disrupt supply chains and delay shipping

• They increase local production

What is one advantage of using international supply chains?

• Higher costs

• Limited innovation

• Lower costs

• Increased risk

Why is interdependence a potential weakness in global trade?

• It reduces cooperation

• Problems in one country can affect others

• It increases independence

• It eliminates risks

Which company is used as an example of global interdependence in the presentation?

• Pepsi

• Nestle

• Coca-Cola

• Apple

Where might Coca-Cola source its sugar from?

• Germany

• Brazil

• China

• Australia

What role do local workers play in Coca-Cola's supply chain?

• They design products

• They manage global logistics

• They run factories and stores

• They handle international marketing

What can happen if one country in Coca-Cola's supply chain faces a problem?