Podcast
Questions and Answers
Which of the following is NOT a benefit of moving from global to multi-local value chains?
Which of the following is NOT a benefit of moving from global to multi-local value chains?
- Bringing supply and demand closer together
- Increasing labor costs (correct)
- Complying with local content regulations
- Reducing lead times and transportation distance
What is one of the challenges of transitioning from global to multi-local value chains?
What is one of the challenges of transitioning from global to multi-local value chains?
- Reducing batch sizes and economies of scale (correct)
- Bringing supply and demand closer together
- Building resilience
- Boosting overall flexibility and agility
Which trend is driven by regulations and countries trying to reduce foreign dependencies?
Which trend is driven by regulations and countries trying to reduce foreign dependencies?
- From 'doing' digital to 'being' digital
- Both of the trends
- From global to multi-local value chains (correct)
- Neither of the trends
What will necessitate manufacturers to build capabilities, according to the text?
What will necessitate manufacturers to build capabilities, according to the text?
Which trend has led leaders to diversify their operations footprint and have multiple local setups rather than one global value chain?
Which trend has led leaders to diversify their operations footprint and have multiple local setups rather than one global value chain?
What is the primary benefit of digitalization ingrained in organizational culture, according to the text?
What is the primary benefit of digitalization ingrained in organizational culture, according to the text?
What is the main challenge posed by digitalization ingrained in organizational culture, as mentioned in the text?
What is the main challenge posed by digitalization ingrained in organizational culture, as mentioned in the text?
What is the key focus of global value chains, in addition to cost considerations?
What is the key focus of global value chains, in addition to cost considerations?
What is the primary challenge posed by the trend of moving from regulatory compliance to innovative sustainability?
What is the primary challenge posed by the trend of moving from regulatory compliance to innovative sustainability?
Based on the text, what is the significant scarcity that firms are currently facing?
Based on the text, what is the significant scarcity that firms are currently facing?
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