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Which of the following is the best example of competing on flexibility?

a. Pizza hut, as it delivers pizza in five minutes

b. Honda, as it produces reliable gas engines

c. Benetton, as it uses postponement strategy to dye white shirts based on the realized customer demand

d. Disney Magic Kingdom, as it provides the best free and low-cost attractions and places to visit

e. Walmart, as it has the low overhead and huge buying power

2. Which of the following is NOT correct (example- reasons to globalize)?

a. Chanel perfume locates its manufacturing plant in France to take advantage of wide variety of flowers- Improve the Supply Chain

b. Ford opens a plant next to Toyota in Japan to learn about JIT Improve Operations

c. Tim Hortons and Burger King Merge-Improve Products

d. Target opens a store in Canada Understand Markets

e. Haier produces compact refrigerators in U.S-Attract and retain global talent

3. Core competencies' purpose is to maximize opportunities and minimize threats in the environment, while maximizing the advantages of the organization's strengths and minimizing the weaknesses. TRUE OR FALSE

4.

Please refer to the " Foreign Trade Zones" video. Which of the following is NOT a benefit of a Foreign Trade Zone (FTZ)?

	Job creation
	Efficient transportation
	Free trade enforcement
	Tax reduction
	Duty elimination