NOCTI (Unit 4) Assembly & Fabrication

A company operating on an international scale is called:

• downsizing

• globalization

• outsourcing

• restructuring

A company that is based in one particular country, but has all of it's products made outside of that country and then shipped into it's "home" country to sell the products is called:

• downsizing

• globalization

• outsourcing

• restructuring

When a company is purchased by another company, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

When two companies decide to merge together to form a larger company or business, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

When a company decides to fire (or let go) of a lot of its employees for the purpose of increasing their overall profit margin, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

When a company moves all of the manufacturing parts of its business to another country, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

When a company hires a business operation to handle all of its customer service needs and eliminates that function in its own country, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

When a company opens more of its own stores in several other countries, this is called:

• downsizing

• globalization

• outsourcing

• restructuring

Moving a company's manufacturing functions to 5 other countries is an example of:

• downsizing

• globalization

• outsourcing

• restructuring

Changing the name of a company and/or deciding to sell additional, or all-together different products is an example of:

• downsizing

• globalization

• outsourcing

• restructuring