Considering the Nature of Its Products, a Cement Fabricator That

question 49

Multiple Choice

Considering the nature of its products, a cement fabricator that specializes in the manufacture of bird baths is likely to go global to

• A) gain access to critical raw materials.
• B) capitalize on special features of location.
• C) obtain specialized human resources.
• D) cut costs.

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Definitions:

Intermodal Transportation

The use of multiple modes of transportation, such as trucks, ships, and trains, for moving goods from origin to destination efficiently.

Common Carrier Transportation

The provision of transportation services by a carrier offering its services to the general public under license or authority provided by a regulatory body.

Contract Carrier Transportation

Transportation services provided by a carrier under specific contracts with individual customers, rather than serving the general public.

Supply Chain Strategy

The approach taken by a company to manage the flow of goods, information, and finances from the acquisition of raw materials to the delivery of the product to the end consumer.