Total value systems work best if

Multiple Choice

• logistics is outsourced.

• all parts are strategically leveraged.

• individual elements focus on success.

• the process is outsourced.

• the process is completed in-house.

In the international business world, the logistics function manages the global supply chain. The twin objectives of logistics are to manage a firm's global supply chain at the lowest possible cost and in a way that best serves customer needs.

The potential for reducing costs through more efficient logistics can be achieved by using the just-in-time (JIT) inventory method as well as web-based information systems for modern materials management.

Amazons competitive advantage over rival firms is built in part on its ability to quickly get products to customers around the world. The integration and coordination of logistics, purchasing, operations, and market channel activities from raw material to the end-customer is called

Multiple Choice

• supply chain management.

• organizational management.

• production.

• logistics.

• operations management.

Amazons commitment to providing free two-day shipping to its Prime customers requires it to carefully locate its global distribution centers. These global distribution centers

Multiple Choice

• are linked into the global supply chain for a global firm to supply specific country or regional markets around the globe.

• produce a variety of end products at a unit cost that could once be achieved only through mass production of standardized output.

• are set up mainly for producing component parts or finished goods at a lower cost than producing them at home or in any other market.

• are facilities with the primary purpose of driving down costs in the global supply chain.

• are facilities that position and allow customization of products for delivery to worldwide wholesalers or retailers, or directly to customers anywhere in the world.

Because Amazon operates multiple fulfillment centers, packing is strictly monitored. Which type of packaging comes into use when a number of primary and secondary packages are assembled on a pallet or unit load for transportation?

Multiple Choice

• unit-load packaging

• secondary packaging

• tertiary packaging

• transit packaging

• primary packaging

For several years, Amazon has been ranked as one of the worlds leaders in the Gartner Global Supply Chain Top 25. The shared decision-making opportunities and operational collaboration of key global supply chain activities is known as

Multiple Choice

• logistics.

• total quality management.

• operations management.

• Six Sigma.

• global supply chain coordination.

Some 150 million customers a month visit Amazon.com and the company passes through $160 billion in sales via its global supply channels and partnerships making interorganizational relationships very important to the company. Which interacting organization has a low coordination, low integration, transactional focus?

Multiple Choice

• buyer

• client

• supplier

• customer

• partner

___________________________ include the presence of an appropriately-skilled labor pool and supporting industries, both of which can play an important role in foreign direct investment decisions.

Multiple Choice

• Strategic production elements

• Location externalities

• Manufacturing factors

The larger the minimum efficient scale of a plant relative to the total global demand, the greater the argument for

Multiple Choice

• centralizing production in a single location or limited number of locations.

• decentralizing manufacturing locations to as many markets as possible.

The _____________________________ affects location decisions because of its influence on transportation costs.

Multiple Choice

• product's value-to-weight ratio

• minimum efficient scale

• flexible manufacturing technology

In addition to the value-to-weight ratio, a key product feature that affects location decisions is

Multiple Choice

• whether the product serves universal needs, which are needs that are the same around the world.

• the factors influenced by the political economy of the nation.

• the need for flexible manufacturing cells.

Managing the Global Supply Chain In the international business world, the logistics function manages the global supply chain. The twin objectives of logistics are to manage a firm's global supply chain at the lowest possible cost and in a way that best serves customer needs. The potential for reducing costs through more efficient logistics can be achieved by using the just-in-time (JIT) inventory method as well as web-based information systems for modern materials management. Listed below are aspects of managing a global supply chain. Roll over each item to read a statement about the attribute. Then, drag each item to the appropriate category. Product quality Just in Time Inventory Information Technology Paperwork Customers Buffer stock Working capital Production schedule