Which of the Following Does Not Represent a Reason for Globalizing

question 117

Multiple Choice

Which of the following does not represent a reason for globalizing operations?

• A) to reduce costs
• B) to improve the supply chain
• C) to reduce responsiveness
• D) to attract and retain global talent
• E) All of the above are valid reasons for globalizing operations.

Understand the role of logistics in SCM and how it relates to various SCM components.

Comprehend the significance of supplier relationship management and how it affects SCM.

Recognize the importance of planning in SCM and how it guides strategic and tactical decisions.

Explain how technology, like EDI and extranets, enhances SCM productivity and security.

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Definitions:

Joint Tenants

Joint tenants are co-owners of property who share equal rights to the entire property and have a right of survivorship, meaning when one dies, the other automatically inherits the entire property.

Life Estate

A legal arrangement where an individual is given the right to use and benefit from property for the duration of their life, after which the property reverts to another designated party.

Easement

A legal right to use another person's land for a specific, limited purpose, without owning it.

Sever

To cut off, remove, or divide a part of something, often used in legal contexts to describe the separation or termination of legal rights or duties.