46.Companies that provide other organizations with input resources are known as _____.A.suppliersB.competitorsC.distributorsD.processorsE.consumersAnswer: AFeedback: Suppliers are the individuals and companies that provide an organizationwith the input resources (such as raw materials, component parts, or employees) itneeds to produce goods and services.
AACSB: AnalyticBlooms: RememberDifficulty: 1 EasyAuthor: Did you want both Learning Objectives?Learning Objective: 06-03Learning Objective: 06-02Topic: External environment Understand Globalization and How to Succeed in a Global Environment
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47.Jay's Furniture Factory gets its raw material from the local timber yard. The timberyard acts as Jay's _____.
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AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumAuthor: Did you want both Learning Objectives?Learning Objective: 06-03Learning Objective: 06-02Topic: External environment Understand Globalization and How to Succeed in a Global Environment
48.A supplier's bargaining position is especially strong when:
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AACSB: AnalyticBlooms: UnderstandDifficulty: 2 MediumAuthor: Did you want both Learning Objectives?Learning Objective: 06-03Learning Objective: 06-02Topic: External environment Understand Globalization and How to Succeed in a Global Environment
49.Apple Inc. contracts with companies in Taiwan to make inputs such as the chips,batteries, and LCD displays that power its digital devices at lower costs. This strategyis an example of _____.A.globalexportingB.globalfranchisingC.globalimportingD.globalnetworkingE.globaloutsourcingAnswer: EFeedback: The purchase or production of inputs or final products from overseassuppliers to lower costs and improve product quality or design is called globaloutsourcing.AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumAuthor: Did you want both Learning Objectives?Learning Objective: 06-03Learning Objective: 06-02Topic: Global strategy Understand Globalization and How to Succeed in a Global Environment
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What are individuals and organizations that provide an organization with the input resources that it needs to produce goods and services?
Term Global Organization | Definition an organization that operates and competes in more than one country |
Term Suppliers | Definition individuals and organizations that provide an organization with the input resources that it needs to produce goods and services |