Globalisation and Technology (HSC SSCE Business Studies): Flashcards
📚Flashcards
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10 cards from this deck
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Practise the cards
10 cards from this deck
Globalisation
Globalisation
Removal of barriers to trade between nations
Global web
Global web
Network of production sites strategically located worldwide
Global sourcing
Global sourcing
Obtaining materials from suppliers worldwide to minimise costs
Economies of scale
Economies of scale
Cost advantages from producing goods in large quantities
Economies of scale: effect on per-unit cost
Economies of scale: effect on per-unit cost
Per-unit cost of production decreases
Technology in operations
Technology in operations
Design/application of innovative devices, methods & machinery
CAD stands for
CAD stands for
Computer-aided design
CAM stands for
CAM stands for
Computer-aided manufacture
SCM stands for
SCM stands for
Supply chain management
Zara's global distribution time
Zara's global distribution time
48 hours
