Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Apple's Mac Pro factory in Austin, Texasoperated by Flex, a contract manufacturerwas referred to by Apple's CEO Tim Cook as an example of American design,

Apple's Mac Pro factory in Austin, Texasoperated by Flex, a contract manufacturerwas referred to by Apple's CEO Tim Cook as "an example of American design, American manufacturing, and American ingenuity." However, the Austin factory was not without its challenges. Local suppliers were hard to find, components needed to be imported from Asia, demand was low, and the company experienced frequent cost overruns, which led to layoffs. Which approach could a multinational enterprise (MNE) take to mitigate this type of situation?

a. Black swan planning
b. Global value chain (GVC)
c. Global mindset
d. Reverse innovation

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

Accounting Texts and Cases

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

13th edition

1259097129, 978-0073379593, 007337959X, 978-1259097126

More Books

Students also viewed these General Management questions

Question

Where do you see the organization in 5/10 years?

Answered: 1 week ago