Scenario - Jenkins and Jones Corporation

question 45

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.
-If Jenkins and Jones would decide to maintain its product production on a domestic basis,there would be certain advantages the company could expect from making this decision.Which one of the following would not be considered an advantage of domestic production?

• A)Better control over costs
• B)Better control over quality
• C)Do not have to face competition
• D)Better control over deliveries
• E)Knowledge of the product provides efficiency advantages

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Definitions:

Consumption Models

Business models that are based on the consumption of goods or services rather than their purchase, typically involving subscriptions or pay-per-use arrangements.

Necessary Knowledge

Essential information or understanding required to perform tasks, make decisions, or solve problems in a specific domain or activity.

GEO

is an abbreviation for Geostationary Earth Orbit, a circular orbit around the Earth having a period of 24 hours, often used for satellite communications and weather monitoring.

LEO

Low Earth Orbit, referring to the orbit of a satellite at an altitude between 160 to 2,000 kilometers above Earth's surface.