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Your organization is considering building a new automobile manufacturing plant.The company is considering building their facility in either China or Tennessee (USA).
China is a rapidly expanding economic market, Tennessee is situated in a more mature market in which other car manufacturers are already located.
Using this limited information and your knowledge of these two options, China and Tennessee, provide THREE reasonable arguments for each option that relate to supply chain management.
State-Owned Enterprises
Organizations that are owned and operated by the government and play a role in the delivery of public services or the production of goods.
Private Ownership
Ownership of assets by individuals or corporations rather than by the state or public entities.
Licensing Agreement
Occurs when a firm pays a fee for the rights to make or sell another company’s products.
Manufacturing Technology
The machinery, equipment, and processes used in the production of goods, emphasizing efficiency and quality.
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