BUS-4795 Quiz Module 4
Access to cheaper raw materials and labor are reasons some companies move their operations overseas.
Companies are now “reshoring” jobs after having difficulty meeting quality standards or otherwise not meeting anticipated savings
Diversification of risk is one reason companies should not send not enter new markets.
If a company decides to move to a foreign country, that company’s assets can be seized by the foreign government. This process is called Cultural risk refers to the potential for a company’s operations in a country to struggle due to differences in language, customs, norms, and customer preferences.
Just-in-time inventory management is a production system that conserves space and lowers costs by requiring inputs to arrive at the moment they are needed.
If a company practices retrenchment strategy they plan to grow one or more of their business units.
If a business unit is considered to be a dog; money should be invested into that unit so it will continue to grow.
A spin-off involves creating a new company whose stock is owned by investors.
In a strategic alliance, two or more organizations each contribute to the creation of a new entity
BUS-4795 Quiz Module 4 Answer
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