Question

1. • Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in the past.

     TrueFalse

   • 2-Select the most appropriate answer about bringing components from other continents.

     It reduces the opportunities for line stoppage in the home country. It does not increase the potential risk of violating sustainability standards. It tremendously reduces the risk of violating labor standards. It can delay components due to longer journeys. None of the above

   • 3- Managers need to consider multiple aspects and trade-offs holistically in network design decisions.

     TrueFalse

   • 4-Which of the following is a reason to sell abroad?

     a. expansion of the company's potential market b. diversification of the company's customer base c. reduction of the company's dependence on domestic economy d. both a and c e. a, b, and c

Answer 1

1. Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in the past.

True

Job searching has been digitalized for everyone. Its making things easy to both HR and skelled potentials. ANd a few generations ago it took months to ship products to market in another country and it was such a difficult task and only huge companies were able to take such risks. All development in transportation and technology made it easy.

2-Select the most appropriate answer about bringing components from other continents.

None of the above

3- Managers need to consider multiple aspects and trade-offs holistically in network design decisions.

False

Network Design Decisions

-facility role
-facility location
-capacity allocation
-market and supply allocation

Factors influence

-strategic factor
-technological factors
-macroeconomic factors
-political
-infrastructure factors
-competitive factors
-customer response time and local presence
-logistics and facility costs

4-Which of the following is a reason to sell abroad?

e. a, b, and c

• a. expansion of the company's potential market - its a business growth strategy and they invest in potential markets.
• b. diversification of the company's customer base - companies want to increase market share by widening your customer base in new markets
• c. reduction of the company's dependence on the domestic economy - it's always better not to be dependent on one economy.