Create a hypothetical global corporation


Problem: Create a hypothetical global corporation and answer the five basic questions that deal with production:

Q1. Where should production be located and should it be concentrated or dispersed?

Q2. What should be the long-term strategic role of foreign productions sites? Should the firm abandon a foreign site if factor costs change, or is there value to maintaining an operation at a given location even if economic conditions change?

Q3. Should the firm own foreign production or should production be outsourced?

Q4. How should a globally-dispersed supply chain be managed?

Q5. Should the firm manage the logistics or outsource their management?

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