The ________ strategy sets production equal to forecasted demand
Fill in the blanks with correct word
chase
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Production is initiated as individual sales orders are received with this type of manufacturing:
a. pull b. push c. JIT d. SCM
Which of the following is likely if the distribution channel for a product in the foreign country is long?
A) the foreign country buyers pay a high price B) the consumer will pay arms-length price C) the profit margin of the sellers increase D) the intermediaries are motivated to reship the product to another country to earn higher profits E) the seller can increase profit margins by charging a uniform price
Activity-based costing considers non-volume-related activities that create costs such as:
a. Direct labor usage. b. Machine operations. c. Consumption of indirect materials and energy usage. d. Machine setups and product design changes.
Once a company has decided to pursue a global market, it will explore the four Ps. List the potential global product strategies a firm can employ.
What will be an ideal response?