Chapter 8: GLOBAL OPERATIONS AND SUPPLY CHAIN MANAGEMENT
Section 1
1. E 2.G 3.B 4.J 5.C 6.F 7.I 8.M 9.K 10.A 11.H 12.L 13.D
Section 2
1. the design
2. the IC’s products
3. adapted
4. “over-the-wall” approach
5. a sequential approach to design
6. cross-functional participation
7. wholly own subsidiaries
8. low-cost labor
9. higher quality
10. components
11. overseas independent contractor
12. overseas joint venture
Section 3
1. D 2.D 3.A 4.C 5.A 6.A 7.C
2. B
3. C
4. C
5. A
6. B
7. C
8. C
9. B
10. A
11. B
12. D
13. D
14. C
15. C
16. D
17. B
18. D
19. D
20. C
Section 4
1. T
2. F
slower => faster
3. T
4. F
their currency => the importer’s currency
5. T
6. F
=> Supply chain management is the management of the processes used to product
design, suppliers, assembly and testing activities, warehousing and distribution of
finished goods, and the sales and technical support operations.
7. T
8. T
9. F
=> Efficiency means doing things in the right way to minimize resources and waste
for the company.
10. T
11. F
the United States => Japan
12. T
13. F
Exporting => Outsourcing
14. T
Section 5
1. Differences between Supply Chain and Value Chain?
Aspect Supply Chain Value Chain
Focus Flow of goods and services Value creation and customer
satisfaction
Objective Efficiency and cost reduction Competitive advantage and
adding value
Scope Logistics, procurement, Primary and support activities
production, distribution in production
Flow Linear (supplier → customer) Integrated (all activities
adding customer value)
Perspective Operational/logistical Strategic
End Goal Timely delivery and cost savings Higher value and
differentiation
2.
3.