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The primary payment terms used for international transactions are payment in advance, documentary credits (Letters of Credit), documentary collections, and open account. Explain the pros and cons of each from the perspective of the exporter/seller.
The strategic importance of locations and the factors that affect the decision of where to locate a facility. One of the primary roles of an operations manager involves being part of the decision process to locate a new facility in order to either ex..
If the lead time for the parts is seven weeks, (35 days) what is the reorder point?
Describe a real and specific example of how operational excellence has created or supported a company’s sustainable competitive advantage, preferably based on your own experience. What (operational) aspects worked best? Worst? What might have been do..
What are the characteristics of multinational companies? What forces have contributed to their development and growth? Why is it more difficult to manage human resources on a worldwide basis than on a national or local basis?
Social innovation follows a different process to more commercial forms of innovation. Innovation can take many forms, all involving a change of some kind. Which of the following is NOT a form of innovation? Which of the following is the discontinuous..
Research a top multinational company in the world including its international strategy over the last 10 years. Using your research, write a report explaining its strategy, including a discussion of the following questions:
A movie theatre complex has a single ticket booth and cashier who can maintain an average service rate of 280 patrons per hour. Service times are assumed to follow a negative exponential distribution. What are the assumptions of a single-channel sing..
What does it take for a business to have the potential to grow successfully? Assess seven items that supports this and list them in order of importance. Why did you select these in this order? Do all businesses have the potential to grow aggressively..
Using the internet identifies a third party logistics (3PL) provider and describes the type of services it offers and the advantages it might provide the outsourcing company.
The phrase, "avoid the off-the-shelf, 'cookie-cutter' approach that produces look-alike plans" means:
You just have been instructed to develop a schedule for introducing a new product into the marketplace. Below are the elements that must appear in your schedule. Arrange these elements into work breakdown structure (down through level 3), and then dr..
Discuss the major corporate-level strategy formulation responsibilities. How are they different from business-level strategy formulation responsibilities?
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