Scenario - Jenkins and Jones Corporation

question 43

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 and expand,one of the strategic decisions it must face is that of location of its facilities.Which one of the following does not relate to the problem of location?

• A)Minimum efficient scale in comparison to demand
• B)Value-to-weight ratio
• C)Fixed costs
• D)Factor endowments of countries
• E)Number of Internet users

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Definitions:

Differentiation

The process by which unspecialized cells become specialized into one of the many cell types that make up an organism.

Scientific Method

A systematic approach to research and knowledge acquisition, involving observation, hypothesis, experimentation, analysis, and conclusion.

Hypotheses

Proposed explanations or predictions for a phenomenon, made as a starting point for further investigation, that can be tested through experimentation and observation.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.