Assignment:
Create a hypothetical global corporation and answer the five basic questions that deal with production:
- Where should production be located and should it be concentrated or dispersed?
- 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?
- Should the firm own foreign production or should production be outsourced?
- How should a globally-dispersed supply chain be managed?
- Should the firm manage the logistics or outsource their management
References:
Financial Times. (2016, March 13). Definition of global corporation. Retrieved from Financial Times: https://lexicon.ft.com/Term?term=global-corporation
Hill, C. (2011). International Business: Completing in the Global Marketplace. New York, NY: McGraw-Hill.