Scenario: Global Manufacturing,Inc.(GMI)
GMI is a fast-growing Canadian company that wants a production system that makes each of its product's two components in the location where the cost of production is lowest.The components will then be taken to maquiladoras for final assembly.GMI purchased an existing company in Brazil to produce component A and built a subsidiary in Thailand to produce component B.
-GMI's production system can best be described as ________.
A)following clients
B)mandated benefits
C)rationalized production
D)market power production

Question

Quizplus · Accepted Answer

GMI's production system is rationalized production, which involves dividing production processes and locating them in different locations based on the cost of production. This allows for cost efficiency in production and can lead to increased profitability.

Scenario: Global Manufacturing,Inc.(GMI) GMI Is a Fast-Growing Canadian Company That Wants a Production