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IL5.3

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.

What is a critical component of the supply chain?

a)

lower labor cost from international outsourcing

b)

focused manufacturing

c)

lean management

d)

just in time

2.

General homogenization of global needs and wants means_____

a)

people all over the world generally need and want the same thing

b)

people all over the world need and want different things

c)

people all over the world need and want customized things

d)

people all over the world need and want exotic things

3.

When trade barriers fall, _________

a)

global business activity increases

b)

global business activity reduces

c)

global business activity becomes stagnant

d)

accelerating global business activity

4.

What can firms do to serve global markets?

a)

adopt integrated worldwide strategies

b)

adopt focused worldwide strategies

c)

adopt different worldwide strategies

d)

adopt tactical worldwide strategies

5.

One of the four characteristics of customer service strategies:

a)

Product life cycles increases sometimes to more than one year

b)

Outsourcing and offshore manufacturing are becoming more common

c)

Marketing an manufacturing activities and strategies tend to differ and less coordinated

d)

Marketing becomes highly customized

6.

Logistics networks tend to become more __________and ___________ as a result of global markets.

a)

expensive, complex

b)

expansive, complex

c)

integrated, simpler

d)

expensive, integrated