In the context of a global supply chain network strategy, what are some sources of disruption? (Select ALL that apply)
Answer(s): A,B,C,E
Common sources of disruption in global supply chains include natural disasters, exchange rate fluctuations, industrial strikes, and political instability. Rapid product obsolescence is not a direct supply chain disruption factor. [P-95]
What is the role of precedent in the decision-making of international courts and arbitration tribunals?
Answer(s): B
Precedent in international law is used inconsistently and is not always binding, similar to domestic Common Law systems. [P-120]
What is the primary focus of the codification approach to supply chain knowledge management?
Answer(s): C
The codification approach ensures that knowledge is stored centrally in repositories and databases for organizational access. [P-106]
What is the term used to describe the physical separation of different parts of a production process in global logistics?
Answer(s): D
Fragmentation allows different parts of production to occur in different countries, forming international production networks. [P-108]
A multinational corporation decides to divest ownership of its subsidiaries, vendors, and suppliers to focus on product strategy. What term best describes this strategic shift?
Vertical disintegration occurs when corporations divest their ownership of subsidiaries and suppliers to focus on innovation. [P-107]
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