Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 2, Problem 9P
Summary Introduction
To determine: The suitable outsourcing provider based on cultural risk factors using factor- rating method.
Introduction:
Factor-rating method:
The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Tesco relies heavily on, ‘localization’ in Japan. Based on the international businessstrategies discussed in the course, clearly state by name, the international businessstrategy which TESCO is utilizing in Japan. Discuss the benefits and risks associatedwith this strategy. What alternative international business strategy will you suggest forTesco in Japan and why? You are to discuss all other international business strategiesas addressed in the course before indicating your suggestion.
Beyond importing, the most common ways international expansion is achieved are:
Explain the followinf modes od entries
• exporting• partnering and strategic alliances• acquisitions• establishing new, wholly owned subsidiaries, also known as greenfield venture
Provide a detailed and thorough analysis of four advantages and disadvantages linked to collaborative corporate methods, such as strategic alliances or mergers and acquisitions, in the field of international marketing according to the case study Scandic Hotel Chain in the Baltic: A case of Strategic International Marketing.
Chapter 2 Solutions
Operations Management: Sustainability and Supply Chain Management (12th Edition)
Ch. 2 - Based on the descriptions and analyses in this...Ch. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQCh. 2 - Prob. 7DQCh. 2 - As a library or Internet assignment, identify the...Ch. 2 - Prob. 9DQCh. 2 - Prob. 10DQ
Ch. 2 - Prob. 11DQCh. 2 - Prob. 12DQCh. 2 - Prob. 13DQCh. 2 - Prob. 14DQCh. 2 - Prob. 15DQCh. 2 - Prob. 16DQCh. 2 - Prob. 17DQCh. 2 - Prob. 18DQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Within the food service industry (restaurants that...Ch. 2 - Prob. 6PCh. 2 - Identify how changes in the external environment...Ch. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - Prob. 10PCh. 2 - Walker Accounting Software is marketed to small...Ch. 2 - Rao Technologies, a California-based high-tech...Ch. 2 - Prob. 13PCh. 2 - Prob. 1CSCh. 2 - Prob. 2CSCh. 2 - Prob. 3CSCh. 2 - Strategy at Regal Marine Video Case Regal Marine,...Ch. 2 - Prob. 1.2VCCh. 2 - Prob. 1.3VCCh. 2 - Prob. 1.4VCCh. 2 - Prob. 2.1VCCh. 2 - Prob. 2.2VCCh. 2 - Prob. 2.3VCCh. 2 - Prob. 3.1VCCh. 2 - Prob. 3.2VCCh. 2 - Prob. 3.3VCCh. 2 - Prob. 3.4VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Conduct an evaluation of the strategies to determine which strategy a local manufactuing soda firm in your country that wishes to enter an international market should utilise. 2. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested.arrow_forwardPlz don't copy. Supply chain management has enabled some companies to operate more efficiently and compete more effectively on a global basis. What inherent characteristics of supply chain management contribute to these outcomes?arrow_forwardPepsiCo, Inc. is an American multinational food, snack and beverage corporation headquartered in New York. It offers same product line and uses same marketing strategy across various countries. Analyse the international marketing approach used. Select one: a. Customization of the product b. Standardisation of the product c. Global approach for product d. Ethnocentric approacharrow_forward
- Choose a Global Company- Select an international company that operates in multiplecountries in the technology, automotive, or pharmaceutical sectors. The company should be well-known and have enough publicly available data for analysis. company chosen is ToyotaStep 2: Based on the company’s operations globally, research the Company’s Internationaloperations. Conduct thorough research on the company’s operations for expanding into internationalmarkets. Discuss all the international business strategies. Analyze the international strategy for the company selected in two of the countries that they operate in with the use of information from the company operations to support your discussion. Suggest an international strategy for the company and one of its products in a selected country based on a discussion of all strategies (note, the suggestion must be feasible based on the country analysis and product).• Inclusion of scholarly peer-reviewed journal literature. in text citations for these…arrow_forwardWhat marketing strategy can be used by Air Asia for their target market? Explain.arrow_forwardAnalyse and evaluate Sunway Group's international strategy for competing in international markets.arrow_forward
- source: (http://www.engineeringnews.co.za/article/toyota-shares-800-localisation-opportunitieswith-south-african-suppliers-2018-06-29) The purchasing and supply function is imperative to the success of a business. These two functions, if managed effectively, can lead to various advantages for a firm, giving the firm a competitive advantage. Briefly discuss any five reasons for the increasing importance of the purchasing and supply function in relation to Toyota South Africa.arrow_forward, discuss how do you overcome with Cultural Issues in establishing international nature of e-commerce.arrow_forwarddetermine how a local manufactuing soda firm in your country that wishes to enter an international market should utilise the transnational strategy. 2. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested for the compaany.arrow_forward
- Describe the types of transactions that can be made in the market. Explain how the market pursues efficiency.Conclusions: Mentions the competencies needed by managers to develop and implement an internationalization strategy.arrow_forwardExplain the importance of understanding the Sector and Industry where a firm resides. Utilize Porter's 5 to explain the risks presented to specific industries. What Risks present themselves to firms with International operations?arrow_forwardAs a marketing consultant hired by a local company in your country, you are asked to give advice to the company since their goal is to launch their product into an international market.(a) What are three (3) major decisions in international distribution that should be undertaken by global marketers and how can companies optimize the most cost-effective ways to get their product to the end-user in the least amount of time. (b) Discuss the role/s that an Integrated Marketing Communication approach would play in the global company's promotional strategy.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.