Global considerations in operations management

Question 1

what are the three ways a business can use other country’s to help them run

Answer 1

purchasing inputs from suppliers in other countries, overseas manufacturing, global out sourcing

Question 2

inputs- discuss the global consideration of purchasing inputs from suppliers in other countries

Answer 2

The advantages include more effective, lower taxes, low-cost skilled labour,
The disadvantages include transportation costs, language barrios and longer lead times.

Question 3

processes- discuss the global consideration of overseas manufacturing

Answer 3

It involves producing goods in a country that is different to the location of the businesses’ headquarters
The advantages include: less transportation costs, Yakult, and quality stays the same
The disadvantages include- time delays if machines break - harder to to monitor

Question 5

Global considerations in the operations management- how does it relate back to efficiency and effectiveness

Answer 5

efficiency- minimise waste
effectiveness- making a profit
by making sales and reducing costs.