Globalisation and Operations Management: A Comprehensive Guide for University Students

Question 1

What is the management process of a product or service from its creation to its consumption known as?

Accepted Answer

Supply chain management

Answer

Logistics management

Answer

Inventory management

Answer

Materials management

Question 2

What is the term for the integration of business operations across borders or regions?

Accepted Answer

Globalisation

Answer

Internationalisation

Answer

Multinationalisation

Answer

Transnationalisation

Question 3

What is the manufacturing philosophy that emphasises the elimination of waste?

Accepted Answer

Lean manufacturing

Answer

Just-in-time production

Answer

Total quality management

Answer

Mass customisation

Question 4

What is the coordination of production, inventory, and distribution activities within a supply chain called?

Accepted Answer

Supply chain integration

Answer

Logistics management

Answer

Inventory control

Answer

Materials management

Question 5

What is the term for the production of goods tailored to individual customer specifications?

Accepted Answer

Mass customisation

Answer

Mass production

Answer

Just-in-time production

Answer

Lean manufacturing

Question 6

Which aspect is NOT primarily affected by globalisation in the context of operations management?

Accepted Answer

Domestic market competition

Answer

Supply chain management efficiency

Answer

Outsourcing practices

Answer

Cultural considerations in operations

Question 7

One potential advantage of outsourcing to a low-cost country is:

Accepted Answer

Reduced labour expenses

Answer

Enhanced product innovation

Answer

Increased control over operations

Answer

Improved customer service

Question 8

Which of the following is NOT a key element of an effective supply chain management strategy in a global context?

Accepted Answer

Centralized decision-making without input from stakeholders

Answer

Collaboration and information sharing

Answer

Transparency of operations

Answer

Investment in technology

Question 9

Globalization has led to a shift towards what type of production system?

Accepted Answer

Flexible manufacturing that can adapt to changing market demands

Answer

Job-oriented manufacturing

Answer

Mass production

Answer

Lean manufacturing

Question 10

How can outsourcing impact supply chain management?

Accepted Answer

It can enhance flexibility and responsiveness

Answer

It reduces the need for coordination within the supply chain

Answer

It inevitably leads to cost savings

Answer

It eliminates the requirement for supplier relationships

Question 11

Which of the following is NOT a benefit of globalization for operations managers?

Accepted Answer

Increased competition

Answer

Enhanced innovation

Answer

Access to a larger pool of skilled labor

Answer

Reduced production costs

Question 12

How can globalization affect inventory management?

Accepted Answer

It can increase lead times and safety stock requirements

Answer

It can lead to more frequent stockouts

Answer

It can reduce the need for inventory

Answer

It has no significant impact on inventory management

Question 13

Which aspect is NOT a fundamental component of the legal and regulatory framework governing global operations?

Accepted Answer

Company policies and procedures

Answer

International trade agreements

Answer

Tariffs and quotas

Answer

Intellectual property laws

Question 14

Outsourcing involves:

Accepted Answer

Partnering with external providers to complete specific tasks

Answer

Shifting operations to a different country

Answer

Expanding internal production facilities

Question 15

Globalization has resulted in:

Accepted Answer

Increased economic interdependence

Answer

Decreased government regulation

Question 16

How have technological advancements improved the efficiency and effectiveness of global supply chain management?

Accepted Answer

Enabled increased automation, reducing labor costs.

Accepted Answer

Facilitated improved communication and collaboration among supply chain partners.

Accepted Answer

Reduced transportation costs through optimized routing and logistics management.

Answer

Eliminated the need for physical inventory through advanced inventory management systems.

Question 17

Which of the following should be a top priority for businesses when considering the ethical implications of global operations?

Accepted Answer

Respecting human rights and promoting social justice

Answer

Maximizing profits at all costs

Answer

Following local laws and regulations

Question 18

In global operations, businesses often face cultural diversity challenges. Which strategy is commonly used to overcome these complexities?

Accepted Answer

Collaborating with local employees and partners

Answer

Implementing uniform processes globally

Answer

Avoiding partnerships in diverse regions

Question 19

How should operations managers consider cultural differences when managing global operations?

Accepted Answer

Adapt production processes and management styles to local customs.

Answer

Ignore cultural differences and focus solely on efficiency.

Answer

Impose their own culture on all employees.

Question 20

Which of the following is a key opportunity presented by globalisation for operations managers?

Accepted Answer

Access to new markets and customer segments

Answer

Elimination of competition

Answer

Reduced government regulation

Question 21

How can operations managers mitigate the risks associated with outsourcing?

Accepted Answer

Conduct thorough due diligence and establish clear contracts.

Answer

Outsource to as many suppliers as possible.

Answer

Focus solely on cost savings.

Question 22

How does globalisation impact the management of human resources in operations?

Accepted Answer

It requires a more diverse workforce and flexible HR policies.

Answer

It has no impact on HR management in operations.

Answer

It eliminates the need for skilled labour.

Question 23

How can operations managers leverage technology to improve global operations?

Accepted Answer

By implementing enterprise resource planning (ERP) systems and cloud-based collaboration tools.

Answer

By using only locally developed software.

Answer

By ignoring technology altogether.