Summarize the Advantages and Disadvantages of the Transnational Strategy

question 77

Essay

Summarize the advantages and disadvantages of the transnational strategy.

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Definitions:

Pull Manufacturing

A manufacturing approach that relies on demand to pull products through the production process, as opposed to producing goods in anticipation of demand.

Estimated Customer Demand

An approximation of the quantity of a product or service that customers will purchase in the foreseeable future.

Lean Environment

An approach to management that focuses on reducing waste and optimizing processes to achieve more efficient operations.

Customer Orders

Requests placed by customers to purchase goods or services from a business.