GSC 300

According to a study done by Deloitte what percent of North American manufacturers no longer manufacture in their home market?

15

According to the video in the protectionism section, what percent of Harley Davidson's business was done in Europe in the year previous to the video being made?

15%

According to studies, there's no proof that team negotiations are beneficial.

False

According to the video on international trade, the volume of world trade today is 87 times larger than it was in 1950.

False

According to the video on offshoring, companies that decide to offshore in the interest of saving money always end up doing so.

False

As a result of globalization, companies now have to realize that there are a wide range of companies in countries all around the world that may have a competitive advantage that could be used in producing goods or services. In other words, globalization is an extension of the bake or fry decision beyond national borders

False

In the United States, the goal of most companies is to keep as many people employed as possible no matter what they are doing.

False

Linear time is when project steps are approached in a fluid manner and tasks are changed as opportunities arise.

False

There is significant evidence that suggests that Toyota's manufacturing is so effective that the quality of any of their vehicles is at the same level, regardless of where it was manufactured.

False

When many companies are evaluating suppliers, experience, cost, and comparative advantage trump effective communication 95% of the time.

False

From the CircusTrix case, what was the professional status of Case Lawrence when he took his sons to the Giants game?

Fighting bankruptcy

Which countries represent a technology cluster in the aerospace industry in Europe?

France and the UK

_____ and opportunity are essential to political stability and peace in every society.

Hope

What is the meaning of the Japanese word "Kaizen"?

Improvement

*Quiz #1 role of the customer/SCOR model* What is the SCOR model?

It is a framework for Supply Chain Improvement

Which country has a very hierarchical leadership system according to the culture map?

Japan

What is the the name of the sign-based scheduling method that was developed by Toyota in lean manufacturing?

Kanban

*#5 INTRO TO GLOBAL NEGOTIATIONS* According to George Mitchell, what is the most difficult obstacle to overcome?

Lack of Trust

Which of the following supply chain systems is required in order for Kaizen to succeed?

Lean

Price Water House Coopers CEO states that the top issue in logistics was

Managing cultural differences with people

Which of the following is not one of the five keys to dealing with translators?

Only have a translator you've known for multiple years.

According to Milton Friedman what will result in prosperity for North America?

Open Our Boundaries

Which of the following contains the correct processes within the SCOR model and in the correct order?

Plan, source, make, deliver, and return

*#3 International Business Culture Quiz* According the the video with Erin Meyer you can't start thinking about global teamwork or multi-cultural interaction unless you think about:

Relativity

What is the opposite of offshoring?

Reshoring

Which of the following sourcing strategies results in a less complex supply chain?

Reshoring

In the PEST analysis video, which company illustrated 3 key steps to a PEST analysis in its efforts to enter the market in Vietnam?

Rolls Royce

From the CircusTrix case, When initially entering foreign markets, what name did Lawrence give to his unified, global brand?

Ryze

With what does Adrian Wooldridge compare the people who say that the best alternative to hyper-globalization is ethnic nationalism?

Snakeoil Salesmen

For which part of the supply chain do we have to plan?

Source Make Deliver Return Correct! All Answers Listed

These are regions of interconnected buyer, suppliers, and producers of complementary solutions, which emerge due to the benefits of proximity in knowledge exchange.

Technology Clusters

Adam Smith is:

The Author of "The Wealth of Nations"

*#2 Globalization and Supply Chain Quiz* According to the reading, the following are all characteristics of ________________________: * The internationalising of production, *The new international division of labour *New migratory movements from South to North *The new competitive environment that accelerates these processes, and the internationalising of the state... making states into agencies of the... world.

The Globalisation Trend

According to the video: "Is Free Trade Helpful or Harmful for America?", which sector includes neurologists, college professors, architects, lawyers, medical researchers, and engineers?

The Service Sector

What does Bill Urry call the surrounding community of the conflict?

The third side

What is true for companies who choose a self-governance approach to service operations?

They can control quality and outcomes more tightly

According to Bill Urry, walking side by side has a real power in negotiation.

True

According to Erin Meyer, two different cultures could perceive the same culture differently.

True

Hong Kong was a good initial international location for CircusTrix in part because it allowed the company to avoid localization as much as possible.

True

Toyota encourages their employees to submit Kaizen ideas for continuous improvement.

True

UPS is well known for managing the distribution of products for companies like Nike and Toshiba

True

When making decisions, we rely on schemas.

True

What does the strategy "Cope with Culture clashes" mean?

Understand triggering factors, such as deadlines, distractions, and emotional stressors to overcome cultural differences.

According to Bill Urry, what is the secret to peace?

Us

One example of an instrument used in supplier selection is

Weighted Factor Analysis

Farmshoring

refers to outsourcing to USA rural-located companies.

Offshore outsourcing

the practice of hiring an external organization to perform some business functions ("Outsourcing") in a country other than the one where the products or services are actually performed, developed or manufactured

An Intermediary

when a business provides a contract service to another organization while contracting out that same service.

*#5 INTERNATIONAL ENTRANCE QUIZ* What is a Greenfield development? Outsourcing operations to a brand new company

A new physical location that is built from the ground up

According to the PEST analysis video, which of the following constitutes a socio-cultural factor?

All answers listed Population demographics Human rights Religion National culture and values

According to the Culture Map article, which country is the most explicit or low-context culture?

Americans

*#4 Introduction to Global Sourcing* Which of the following would be an illustration of offshoring?

Apple deciding to move iPhone product engineering from California to India

In Erin Meyers example of working with cross cultural teams, which culture is not included?

Chinese

Which of the following, when implemented well, will minimize the ordering cost aspect of the total cost of ownership?

Communication

According to the reading, free trade is beneficial to all countries because each can gain if it specializes according to this economic principle:

Comparative Advantage

Which of the following is not a positive consequence of offshoring

Decreased domestic employment rates in the company's home country

Which of the following countries has task-basked trust?

Denmark

Which of the following ownership strategies requires the most operational support?

Direct ownership

Nothing is final until (game)

Dollars and product change hands

What does the "E" stand for in "P.E.S.T. analysis"?

Economic

What African proverb did Bill Urry quote?

When spider webs unite, they can halt even the Lion.

Homeshoring (also known as Homesourcing)

a form of IT-enabled "transfer of service industry employment from offices to home-based ... with appropriate telephone and Internet facilities." These telecommuting positions may be customer-facing or back-office and the workers may be employees or independent contractors

Insourcing

entails bringing processes handled by third-party firms in-house, and is sometimes accomplished via vertical integration

Offshoring

moving the work to a distant country. If the distant workplace is a foreign subsidiary/owned by the company, then the offshore operation is a captive sometimes referred to as in-house offshore.