Chap 18

Which term refers to the network that links together the different aspects of the value chain and coordinates materials, information, and funds from the initial raw-material supplier to the ultimate customer?

• logistics strategy information system
• materials management device
• customer service
• supply chain

Jordan, a manager at an MNE, is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

• quality control
• offshoring
• logistics
• inventory management

Logistics is also known as ________.

• internal logistics
• materials management
• the internal supply chain
• value-added management

Which of the following BEST describes a major difference between supply chain management and logistics?

• Supply chain management involves handling suppliers and customers.
• Logistics involves longer distances and international distribution networks.
• Supply chain management focuses on transportation and the storage of goods.
• Logistics only encompasses the outbound flow of products and materials.

In the context of manufacturing strategy, the degree of consistency between the foreign investment decision and the company's competitive strategy is known as ________.

• compatibility
• coordination
• control
• configuration

Gates Manufacturing is striving to improve its performance reliability, speed of delivery, and product reliability. Gates is most likely focusing on a(n) ________ strategy.

• flexibility
• innovation
• dependability
• quality

The ability of the production process to make different kinds of products and to adjust the volume of output is known as ________.

• quality control
• flexibility
• dependability
• innovation

The need for greater efficiency, which is closely linked to ________, forces MNEs to align their overall strategy with operations.

• higher costs
• quality control
• cost reduction
• flexibility

When GM moved some of its manufacturing operations to Mexico to be closer to the American market, they were doing what's known as ________.

• nearshoring
• cost-benefit analysis
• offshoring
• coordination

________ manufacturing is any manufacturing that takes place in a country different from the home country.

• Offshore
• Multidomestic
• Cost-minimization
• Outsourcing