Otis Elevators Has Entered into a Strategic Alliance with a Company

question 123

Multiple Choice

Otis Elevators has entered into a strategic alliance with a company in France from which it gets its elevator door systems.It has a similar agreement with a manufacturer in Japan that provides it with special motor drives.A manufacturer in Spain has worked closely with Otis to create small geared parts necessary for the manufacture of elevators.The component parts are assembled at its plant in the United States.Otis elevators can be found in buildings all over the world.Otis Elevators is an example of a(n) :

• A) cultural marketer
• B) global trader
• C) multinational corporation
• D) exporting company
• E) global enterprise

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Definitions:

Master Production Schedule

A plan for individual commodities to be produced in each time period, including inventory levels, production, and backorder quantities.

Forecast Of Demand

The prediction of future demand for a product or service, based on historical data, trends, and analysis, to aid in planning and decision-making.

Bucket

A bucket is a cylindrical or slightly tapered container, typically made of plastic or metal, used for carrying, storing, or mixing liquids or solids.

Fixed Order Quantity

A specific, constant quantity of items ordered each time an order is placed, typically used in inventory management to replenish stock.