1. Operations Strategy
Global Operations — Quiz
Test your understanding of global operations with 5 practice questions.
Practice Questions
Question 1
What does 'offshore sourcing' refer to in global operations management?
Question 2
What is the primary benefit of establishing global operations?
Question 3
Which of the following risks is most directly associated with a globalized supply chain?
Question 4
If a company sources 60% of components from Country A with a lead time of 30 days, and 40% from Country B with a lead time of 15 days, what is the weighted average lead time?
Question 5
A firm evaluates two locations: Country X with labor cost \\$10/unit and transport cost \\$2/unit, and Country Y with labor cost \\$8/unit and transport cost \\$5/unit. Which location yields lower total cost per unit?