GEOL 1003 Lecture : Noteswap Notes 5
Document Summary
Nafta seeks to phase out all trade and tariff barriers among canada, mexico, and the united. The world trade organization has helped to significantly reduce tariffs around the world. True (global company profile, moderate) {aacsb: multiculture and diversity} Production processes are being dispersed to take advantage of national differences in labor costs. Nafta seeks to phase out all trade and tariff barriers between the united states and asia. One reason for global operations is to gain improvements in the supply chain. One reason to globalize is to learn to improve operations. True (a global view of operations, easy) {aacsb: multiculture and diversity} To attract and retain global talent, and to expand a product"s life cycle, are both reasons to globalize. True (a global view of operations, moderate) {aacsb: multiculture and diversity} A product will always be in the same stage of its product life cycle regardless of the country. False (a global view of operations, moderate) {aacsb: multiculture and diversity}
