MYOMLAB W/O PEARSON ETEXT--INSTANT ACCE
MYOMLAB W/O PEARSON ETEXT--INSTANT ACCE
12th Edition
ISBN: 9780134165318
Author: HEIZER, RENDER
Publisher: PEARSON
bartleby

Concept explainers

Question
Book Icon
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.

Blurred answer
Students have asked these similar questions
Topic : Introduction to international business Please to use cal's manufacturing in kingston Jamaica as the Caribbean country and United States of America as the international business environment and please Give a well detailed Analysis and rationale of the chosen entry mode for cal's manufacturing  ltd as well as the overall conclusion and the history of united States of America make them lengthy please. you are hired as a consultant by Vikings Inc. to prepare a report based on the undermentionedcriteria.You will choose a known Caribbean Company in the manufacturing sector and itsproduct/service with information available on the internet, that does not currently operate outsidethe region. You will conduct a comprehensive study of the international business environment,that is, the geography, culture, government, history, economics, and politics of a new country,outside of the region, from which you believe the company and its product/service could operateprofitably. Propose a…
For expand its operations to different countries, Fuel Up Restaurant should adopt a Transnational Strategy. This approach combines elements of both global and multi domestic strategies, allowing the restaurant to achieve global efficiency while also catering to local tastes and preferences. Here's why Fuel Up should choose a Transnational Strategy: Global Efficiency: By standardizing certain processes and menu items across all locations, Fuel Up can benefit from economies of scale and streamline its operations. This includes utilizing centralized production facilities for bulk preparation of staple items, just-in-time inventory management, and technology integration for online ordering and payment. Local Adaptation: While maintaining global efficiency, a transnational strategy also allows Fuel Up to customize its offerings to suit local preferences and dietary habits in each new market. This could involve sourcing locally grown produce, adapting menu items to accommodate regional…
Explain all aspects of the global sourcing strategy with clear details on the strategies that can be used when assessing all six (6) aspects if AMSUPP is to operate in Singapore. For example, what sourcing strategy would they use, how would they contract suppliers (in terms of tools to be utilized), etc.?  • N.B. Some aspects were briefly mentioned in the case; expand on these and make suggestions for the aspects not addressed.  The six aspects are: Improve Supplier Relations Assess the current supply chain Develop sourcing strategy Identify and screen suppliers Contract suppliers Set up client local operations
Knowledge Booster
Background pattern image
Operations Management
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
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
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
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.