About This Chapter
International Production & Logistics - Chapter Summary
This chapter offers an entertaining overview of international production and logistics you can use to better understand manufacturing businesses, different types of production facilities and more. Feel confident in your knowledge of these topics by reviewing fun lessons created by top instructors and taking the accompanying multiple-choice quizzes. If you develop questions while reviewing the lessons, don't hesitate to submit them to our subject-matter experts via the Dashboard. When you're ready, check your overall comprehension of this chapter by taking the chapter exam. Taking advantage of these resources will enable you to:
- Define and provide examples of a manufacturing business
- Share the definition of international logistics
- List and discuss three factors that impact the process of choosing a production location in international retailing
- Differentiate between centralized and decentralized production facilities in international retailing
- Explain the role of foreign subsidies in production for international business
- Give the definition of make-or-buy decisions in international retailing
- Describe the impact relevant costs have on make-or-buy decisions
1. What Is a Manufacturing Business? - Definition & Examples
Find out what a manufacturing business does and some of the methods it uses to make products. Explore some examples and discover all of the goods in your home that may have come directly from a manufacturing business!
2. What Is International Logistics? - Definition & Explanation
Logistical management is an essential component of any company and can be complex in our global economy. In this lesson, you'll learn the key concepts related to it. A short quiz follows.
3. Impact of Relevant Costs on Make-or-Buy Decisions
Companies are often faced with many decisions, and a reoccurring one is whether it is better to make or buy certain goods or services. This lesson provides details on the impacts of such decisions.
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Other chapters within the Business 205: International Retailing Strategy & Operations course
- Introduction to Business Globalization
- International Market Dynamics
- Cultural Differences in Business
- International Trade Theories
- International Trade Policy
- World Trade Organizations
- Strategies for International Business
- International Market Entry Strategy
- International Supply Chain Management & Distribution
- International Product, Pricing & Marketing Strategy