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MEM 1151 Test 2 Review
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Give some examples of a global company
Boeing
Benetton
Sony
Coleco
List the 3 Global Operations Management issues
Supply chain management
Location decisions
Materials Management/Logistics
What topics go into supply chain management?
Sourcing
Vertical Integration
Make or buy decisions
Partnering
What goes into Location Decisions
Country-related issues
Product-related issues
Political Risk/Government Policy
Organizational Issues
What goes into Materials Management/Logistics
Flow of Materials
Transportation options and speed
Inventory level
packaging
storage
This engages in cross-border transactions
International Business
This has extensive involvement in international business and owns facilities in more than one country
Multinational Corporation
This integrates operations from different countries and views the world as a single marketplace
Global Economy
These seek to combine the benefits of global-scale efficiencies with the benefits of local responsiveness
Transnational Companies
What are some reasons to globalize?
Reduce costs (labor, taxes, tariffs)
Reduce risks (foreign exchange)
Improve supply chain
Provide better goods and services
Attract new markets
Learn to improve operations
Attract and retain global talent
What do you have to think about when dealing with global product designs?
Social and cultural differences..Packaging and marketing must fit the domestic area
Author
ballinbc14
ID
82406
Card Set
MEM 1151 Test 2 Review
Description
MEM 1151 Final Review
Updated
4/28/2011, 5:59:40 AM
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