49) Which of the following is a sourcing strategy in the global context?
A) use only local purchasing agents
B) establish local purchasing offices
C) purchase only from global suppliers
D) assign domestic buyers for international purchasing
50) Jeff manages global purchasing for his employer and needs to select a new supplier. Jeff should
most likely ________.
A) implement e-commerce
B) focus mainly on purchase price
C) establish clear performance expectations
D) maintain the same type of relationship with every supplier
51) At Fidelity Enterprises, raw materials, parts, and components are acquired from suppliers as they are
needed in the manufacturing process so that Fidelity does not have to store large inventories. Which of
the following does Fidelity most likely use?
A) just-in-time (JIT)
B) total quality management (TQM)
C) six Sigma
D) acceptable quality level (AQL)
52) Gibson Enterprises is an MNE that relies on just-in-time inventory management and lean
manufacturing systems to optimize quality and efficiency. For the last few years, Gibson has used the
same foreign sources for its raw materials. What is the most likely risk faced by Gibson because of
foreign sourcing?
A) quality of incoming inventory
B) uncertainty of arriving parts
C) few available suppliers
D) high inventory costs