Sustainability in Global Business

Feb 3rd, 2012
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Ashford University
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In preparation for the short-answer type questions in the final exam,

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La Trobe UniversityFaculty of Law and ManagementSchool of Economics and FinanceSemester 1, 2011Sustainability in Global BusinessECO1SGBTutorial Questions for week beginning 30 May 2011Review of Key Terms |Global learning| Production|ISO 9000| Supply chain visibility|Just-in-time (JIT) systems| Total quality management|Make-or-buy decisions| Vertical integration|Minimum efficient scale| LogisticsIn preparation for the short-answer type questions in the final exam,WRITE DOWN YOUR ANSWERS TO THE FOLLOWING: Questions on pages 530-531 1. A firm must decide whether to make a component part in-house or to contract it out to an independent supplier. Manufacturing the part requires a non-recoverable investment in specialised assets. The most efficient suppliers are located in countries with currencies that many foreign exchange analysts expect to appreciate substantially

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