Scenario - Jenkins and Jones Corporation Michael Jenkins and Emma

question 9

Multiple Choice

Scenario - Jenkins and Jones Corporation Michael Jenkins and Emma Jones started the Jenkins and Jones Corporation in 1976 in Kansas, USA.  The initial goal of this company was to serve customers throughout the United States.  Since the company's inception it has grown at an outstanding rate.  It now serves online customers as well as customers in ten foreign nations.  Jenkins and Jones is now looked at as the industry's benchmark company due to its superior supply chain management skills.  Its practices and techniques are used by many other organizations in the industry to improve their own supply chain management skills. As the Jenkins and Jones Corporation continues to grow, it will face the need to make more and more strategic decisions.  Which one of the following best describes the corporation if it decides to make purchase globally versus domestically?    

• A)Global proliferation
• B)Global procurement  
• C)Domestic outsourcing
• D)Global production
• E)Enterprise resource planning

---

Definitions:

Laws

Regulations and rules established by governments or other authorities to govern behavior and actions in a society.

Competitive Advantage

A situation or factor that gives a business an advantageous or dominant position over its rivals in the industry.

Monopolistic Market Position

A competitive standing where a single company or entity dominates the supply of a particular product or service in a market.

High Profits

Earnings that significantly exceed the costs and investments of a business, reflecting strong financial performance or market advantage.