How Has the Adoption of Just-In-Time Inventory Systems, Computer-Aided Design

question 87

Multiple Choice

How has the adoption of just-in-time inventory systems, computer-aided design, and computer-aided manufacturing impact firms' associations with suppliers?

• A) The bargaining power of the firms over their suppliers has increased enormously.
• B) It has reduced the level of data sharing between firms and their suppliers.
• C) Firms are capable of switching suppliers often due to such technologies.
• D) It has increased pressures to establish long-term relationships with suppliers.

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Definitions:

Individualistic

Describing a cultural orientation or personal behavior that emphasizes the importance of personal goals, autonomy, and self-reliance over group interests.

High-Context Cultures

Cultures that rely on non-verbal and situational cues as well as on spoken or written words in communication.

Situational Cues

Environmental signals or triggers that can influence behavior or perceptions in specific contexts.

Body Language

Nonverbal communication through physical behaviors, such as gestures, postures, and facial expressions.