charter - correct answer ✔defines the scope of work, and objectives and end
results of a project
Network Design Process steps (8) - correct answer ✔Create project team
Identify drivers of change
Audit as-is network
Assess network alternatives
Plan facilities
Finalize to-be state
Develop and implement plan
Disband project team
6 Steps in as-is audit - correct answer ✔1. Gather Data
2. Map current system
3. Describe network's key activities
4. Measure against benchmarks
5. List current gaps to strategy
6. Generate plans to close those gaps
, Foreign Sales Corporation - correct answer ✔a US-devised means of
securing tax reductions for US exporters, using a subsidiary the org
establishes in a pre-approved location (e.g. USVI, Jamaica)
licensing - correct answer ✔paying a fee for permission to manufacture and
sell a product created by another
E.g. franchising and management contracts
Export Trading Companies (ETC) - correct answer ✔buys the goods from
the org and sells at a profit
Export Management Companies (EMC) - correct answer ✔export specialists
that act as the export marketing department or international department for
client firms
most likely used for startups with little int'l trade experience
Threshold service level - correct answer ✔the cheapest possible way of
serving all customers considering the costs of transportation and warehousing
together at a given level of safety stock and delivery timing/frequency
Steps in forming a Network Design strategy - correct answer ✔1. Identify
customer segments
2. Calculate threshold service level and determine network capabilities
3. Use sensitive analysis to adjust factors
4. Present alternatives and finalize strategy
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Carzola98. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.