Global Considerations in Operations Management (VCE SSCE Business Management): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What key advantage does globalisation provide for positioning production stages?
What key advantage does globalisation provide for positioning production stages?
Most cost-effective location worldwide
A supply chain is best defined as a network that does what?
A supply chain is best defined as a network that does what?
Develops & delivers products to consumers
Which element of supply chain management involves forecasting required resources?
Which element of supply chain management involves forecasting required resources?
Plan
What percentage of Australia's merchandise imports originate from China?
What percentage of Australia's merchandise imports originate from China?
90%
What is nearshoring in supply chain management?
What is nearshoring in supply chain management?
Relocating operations to closer countries
Global sourcing helps businesses remain competitive by doing which three things?
Global sourcing helps businesses remain competitive by doing which three things?
Lowering costs, improving quality, increasing supply
How much less do design & engineering of manufacturing tools cost in China vs Australia?
How much less do design & engineering of manufacturing tools cost in China vs Australia?
More than 50% less
Which functions are commonly suitable for global outsourcing?
Which functions are commonly suitable for global outsourcing?
Accounting, customer support, HR, IT
What is a key disadvantage of overseas manufacture?
What is a key disadvantage of overseas manufacture?
Risk to intellectual property
What must businesses balance with productivity when managing global supply chains?
What must businesses balance with productivity when managing global supply chains?
Ethical considerations & social responsibility