stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Globalization Flashcards | StudBud
Explore
/
Globalization
Globalization
20 terms
·
StudBud Administration
·
1 play
Imported from external platform
Flashcards
20 cards
F
Practice quiz
P
Host live
L
Questions
20
Answers
1
How much did amazon pay in taxes in Europe in 2020?
~10%
~2%
~5%
None
2
What does the platform strategy refer to?
All production for a product occurs on one platform
Same platform is used for different models of a product
All models of a product use different platforms to increase individuality
Social media platforms are used to advertise a product
3
When was the transition from Fordism to post-Fordism?
1940s and 1950s
1950s and 1960s
1970s and 1980s
1960s and 1970s
4
The aim of Fordism is to increase the quality of goods rather than mass produce them
True
False
5
We are currently in the post-Fordism phase
False
True
6
What is a virtual company?
A company that constantly changes locations
A temporary network of companies that produce a product or service
A company that has no physical locations
A company that has lost all its money
7
What does MLP stand for?
Multi-level perspective
More-level perspective
More-layered production
Multi-layered production
8
How do special economic zones attract businesses?
Reduced taxes
Free housing for workers
All of the above
Low environmental regulation
9
What did Kondratiev's theory of long waves claim?
Innovation has no effect on the economy
Economy upswing and downswing after an innovation last no more than 5 years
Innovations trigger wave like phases of economic upswing and downswing
Innovation can only lead to an economic upswing
10
What is the goal of a special economic zone?
To attract foreign direct investment and companies
To reduce pollution emitted by large companies
To aid businesses that are going bankrupt
To promote small local businesses
11
Subcontracting accounts for over a half of value created in the German automotive industry
True
False
12
What is meant by "just-in-sequence"?
The entire production of a product occurs in one factory
The components for a product arrive too late
Components arrive exactly when they are needed in the production process
Products are stored for a long time before being used
13
In post-Fordism most companies have increased their vertical integration
False
True
14
The European Green Deal aims to achieve climate neutrality by ____
2030
2050
2040
2100
15
Which of these was not in the fifteen largest companies by turnover in 2021?
Toyota
Volkswagen
Microsoft
Walmart
16
The goal of lean production is to achieve high productivity with a large number of variants and with the highest quality
True
False
17
What is the key characteristic of a global player?
A company that produduces more than other companies in its field
A company that has branches and facilities around the world
A company that uses smart factories
A company that produces its products in one place to export it globally
18
What is the main disadvantage of outsourcing?
It costs more
Quality of products are lower
Your production depends on third party suppliers
It takes longer to produce a product
19
What affect did the Covid pandemic have on global supply chains?
Companies lost lots of money as production came to a standstill
Difficulties with outsourcing lead to reduced production
It had no effect
It reduced production time due to roads being empty
20
What is industry 4.0?
A production chain that uses over 4 factories
Industries that produce products that require parts from different clusters
Mass production of a certain good
Integration of information and communication technology in production
