What is meant by globalization


Question 1: What is meant by globalization? Why is the concept of importance to SC&O managers?

Question 2: Identify some of the strategic factors associated with the decision to bring manufacturing back onshore.

Question 3: What is meant by the statement that companies no longer compete against one another; today supply chain compete against supply chain? Why is it important to understand this statement?

Question 4: In what fundamental way do information flows differ from monetary and product flows in a supply chain?

Question 5: What makes service supply chains more complex to manage than product supply chains?

Question 6: Why should strategic planners not treat all customers the same?

Question 7: What is the five forces models and why is it important to strategic planning?

Question 8: How do relationships create sustained competitive advantages for firms?

Question 9: How are complementary relationships different from synergistic relationships?

Question 10: How can firms achieve SC&O sustainability?

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