Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

53. When sourcing supplies, a pharmaceutical company like Pfizer prioritizes quality control. What factor primarily influences this decision? * 1 point a. Ensuring high safety

53. When sourcing supplies, a pharmaceutical company like Pfizer prioritizes quality control. What factor primarily influences this decision? * 1 point a. Ensuring high safety and quality standards b. Reducing overall production costs c. Simplifying the global supply chain d. Focusing on regional market expansion 54. Ford has established complex purchasing strategies to secure components needed for vehicle production. What is the main benefit of this approach? * 1 point a. Minimizing production costs without quality assurance b. Ensuring a steady flow of materials to production lines c. Reducing the need for global supply chain management d. Limiting supplier relationships to local markets only 55. PepsiCo engaged in countertrade with the Soviet Union by exchanging soft drinks for vodka and ships. What was the primary benefit of this countertrade arrangement for PepsiCo? * 1 point a. Reducing the need for currency exchange and mitigating currency convertibility issues b. Increasing the costs associated with international trade and logistics c. Simplifying the supply chain and ensuring standardized products globally d. Avoiding regulatory compliance in international markets

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management A Strategic Managerial Approach

Authors: Jack R. Meredith, Scott M. Shafer, Samuel J. Mantel Jr.

11th Edition

1119803837, 978-1119803836

More Books

Students also viewed these General Management questions

Question

Why does mud fly off a rapidly turning automobile tire?

Answered: 1 week ago