10 Questions
Which of the following is NOT a benefit of moving from global to multi-local value chains?
Increasing labor costs
What is one of the challenges of transitioning from global to multi-local value chains?
Reducing batch sizes and economies of scale
Which trend is driven by regulations and countries trying to reduce foreign dependencies?
From global to multi-local value chains
What will necessitate manufacturers to build capabilities, according to the text?
Digital capability and automation
Which trend has led leaders to diversify their operations footprint and have multiple local setups rather than one global value chain?
From global to multi-local value chains
What is the primary benefit of digitalization ingrained in organizational culture, according to the text?
Helps to control cost pressures in re-shoring
What is the main challenge posed by digitalization ingrained in organizational culture, as mentioned in the text?
Creates attack surfaces for cyber crime
What is the key focus of global value chains, in addition to cost considerations?
Recent disruptions have caused value chains to 'step out of the shadow' and come under much higher public scrutiny.
What is the primary challenge posed by the trend of moving from regulatory compliance to innovative sustainability?
Requires cooperation along the entire value chain
Based on the text, what is the significant scarcity that firms are currently facing?
(Digital) talent
Explore the trend of diversifying operations and building multiple localized value chains, affecting organizational structures and driven by regulations.
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