Asked by Terrance Guvakuva on Jul 05, 2024
Verified
Which of the following is an example of globalization of operations strategy?
A) Boeing's Dreamliner has engines with higher fuel/payload efficiency.
B) Ford's new auto models have dent-resistant panels.
C) A Japanese manufacturer, Toyota, now operates plants in the United States.
D) Hard Rock Café provides an "experience differentiation" at its restaurants.
E) Porter Airlines focuses on short-haul flights.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, driven by international trade and investment and aided by information technology.
Operations Strategy
A long-term plan specifying the methods and processes used by an organization to produce goods or deliver services, aligning with overall business strategy.
Experience Differentiation
A strategy where businesses focus on creating a unique and memorable customer experience to stand out from competitors.
- Learn about the operational globalization concept, including pertinent examples and strategy formulations.
Verified Answer
NH
Noubahar HasnainJul 10, 2024
Final Answer :
C
Explanation :
The fact that a Japanese manufacturer, Toyota, now operates plants in the United States is an example of globalization of operations strategy. Toyota is a foreign company expanding its operations to multiple countries, which is a key characteristic of globalization. The other options do not necessarily involve foreign operations or expansion to multiple countries.
Learning Objectives
- Learn about the operational globalization concept, including pertinent examples and strategy formulations.