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Pricing Schools Business

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Week 6 Part 1

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Questions and Answers

What is the main aim of outsourcing discussed in the text?

To cut labor costs and enhance efficiency (correct)

To eliminate the need for advanced industrial countries

To establish monopolistic control over the market

To create more jobs in the home country

What are the two forms into which outsourcing has evolved, as mentioned in the text?

Retail-driven commodity chains and distributor-driven commodity chains

Producer-driven commodity chains and buyer-driven commodity chains (correct)

Manufacturer-driven commodity chains and service-driven commodity chains

Supplier-driven commodity chains and consumer-driven commodity chains

What is the pattern of consolidation mentioned in the text regarding the changing geography of production?

Consolidation into fewer, larger East Asian firms capable of handling major brand orders (correct)

Consolidation into smaller, dispersed firms across multiple continents

Consolidation into numerous independent firms with limited production capacity

Consolidation into large European firms with diverse production capabilities

What may the emergence of giant transnational contractors from Taiwan and China potentially lead to, as stated in the text?

A geographic economic shift to Asia (C) Signup and view all the answers

What is the main challenge in enforcing labor standards in outsourced factories?

Global competition and lack of international regulations (B) Signup and view all the answers

What distinguishes a buyer-driven commodity chain from a producer-driven one?

Powerful buyers play a dominant role in shaping and controlling the commodity chain (A) Signup and view all the answers

What challenges do workers in developing countries face in the context of outsourcing and global commodity chains?

Low wages, poor working conditions, and limited bargaining power (D) Signup and view all the answers

What is the potential impact of powerful buyers on labor practices and rights in commodity chains?

Affecting labor practices and rights (D) Signup and view all the answers

Week 6 Part 1

Choose a study mode

Podcast

Questions and Answers

What is the main aim of outsourcing discussed in the text?

What are the two forms into which outsourcing has evolved, as mentioned in the text?

What is the pattern of consolidation mentioned in the text regarding the changing geography of production?

What may the emergence of giant transnational contractors from Taiwan and China potentially lead to, as stated in the text?

What is the main challenge in enforcing labor standards in outsourced factories?

What distinguishes a buyer-driven commodity chain from a producer-driven one?

What challenges do workers in developing countries face in the context of outsourcing and global commodity chains?

What is the potential impact of powerful buyers on labor practices and rights in commodity chains?

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