Worn-In Shoes is planning to launch its new range of trekking shoes. It has invited customers and trekking enthusiasts on its Facebook page to give suggestions about the features of the new product
The suggested features would then be used to manufacture customized trekking shoes. In this scenario, Worn-In Shoes is practicing ________.A) crowdsourcing
B) outsourcing
C) homesourcing
D) showrooming
A
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Whitman Tech forecasts a sales increase in several product lines, so management is planning how to expand production capacity at its three factories in Mississippi, Poland, and Thailand. The HR department prepares estimates of local labor costs and availability of workers in each location. What else should the decision makers take into account when planning labor needs?
A. if the company can put a greater emphasis on protecting workers' jobs B. the probability that newly hired employees at each location will suffer culture shock C. calculating of the total number of floating holidays each employee will receive D. how these considerations weigh against financial and operational requirements E. whether the country in which the factory operates has an individualistic culture
Which of the following characteristics of Latin American countries discourages global corporations from entering their markets?
A) wide income disparity between the rich and the poor B) inclination toward the policy of protectionism C) low potential for establishing regional production D) increasing tariffs within subregional trading groups
An outlier is
a. something that happens outside the organization that does not affect production. b. always used in analyzing a mixed cost. c. something that happens inside the organization that does not affect production. d. typically not used in analyzing a mixed cost.
Berat believes it is morally wrong to pay overseas workers low wages and decide to close down his U.S.-based company rather than betray his principles. This example is related to which ethical decision- making approach?
a. Objectivity approach b. Justice approach c. Utilitarian approach d. Rights approach