#1
Which factor is NOT typically considered in global location planning?
Labor costs
Proximity to suppliers
Government regulations
Local cuisine popularity
#2
What is one advantage of locating production facilities in multiple countries?
Reduced transportation costs
Increased cultural homogeneity
Simplified supply chain management
Decreased market access
#3
What is a primary factor to consider when choosing a location for a distribution center?
Proximity to competitors
Distance from major highways
Availability of tourist attractions
Cost of local advertising
#4
Which strategy focuses on locating facilities closer to end consumers to reduce lead times and transportation costs?
Centralized production
Decentralized production
Just-in-time manufacturing
Mass customization
#5
What is the 'Make or Buy' decision in global location planning?
Determining whether to manufacture in-house or outsource production
Selecting the best location for a new manufacturing facility
Choosing between different suppliers for raw materials
Deciding on the appropriate distribution channels
#6
What does the term 'site selection' refer to in global location planning?
Choosing the best country for business operations
Selecting the specific location within a country
Determining the layout of the production facility
Calculating the total cost of production
#7
Which of the following is a potential risk associated with global location planning?
Increased access to diverse talent pools
Improved responsiveness to local market needs
Currency exchange rate fluctuations
Enhanced cultural understanding
#8
What is the 'cluster effect' in location planning?
The tendency for businesses to gather in the same geographic area
The impact of natural disasters on industrial zones
The dispersion of production facilities across multiple regions
The influence of government policies on corporate relocation
#9
Which global location strategy involves customizing products to suit the preferences of different markets?
Standardization
Concentration
Mass customization
Outsourcing
#10
What is the primary goal of risk assessment in global location planning?
To eliminate all potential risks
To identify and mitigate potential risks
To prioritize risks based on their severity
To transfer all risks to third-party insurers
#11
What is a key consideration in global location planning for service-oriented businesses?
Availability of raw materials
Infrastructure quality
Proximity to manufacturing hubs
Access to skilled labor
#12
What is a key consideration when selecting a location for a data center?
Proximity to urban centers
Access to renewable energy sources
Availability of skilled workforce
Distance from international borders
#13
What is a potential drawback of locating production facilities in low-cost countries?
Lower labor costs
Reduced transportation expenses
Language and cultural barriers
Access to advanced technology
#14
What is a key consideration when selecting a location for a call center?
Proximity to manufacturing facilities
Cost of living in the area
Access to transportation hubs
Language proficiency of the workforce
#15
Which factor is NOT typically considered in global location planning for a software development company?
Access to venture capital
Quality of local educational institutions
Cost of leasing office space
Availability of raw materials