What is the significance of Globalization in Supply Chain ...

[Awilson837]

What is the significance of Globalization in Supply Chain Management?

Question 2

Which of the following pieces of information is found in scanner data?
 a. the quantities bought
  b. price of competing products
  c. customer's willingness to pay
  d. product characteristic that attracted the buyer

[ryrychapman11]

Answer to Question 1

Arguably, globalization is the most frequently cited change factor by business leaders, and it has replaced the post-World War II Cold War as the dominant driving force in world economics. The concept of the global marketplace or global economy has taken on new meaning for all enterprises (profit and nonprofit; small, medium, and large; products or services) and for individual consumers during the last two decades.
Overall, globalization has led to a more competitively intense economic and geopolitical environment. This environment manifests itself in opportunities and threats, both economic and political. Some individuals have implied that there is no geography in the current global environment (figuratively speaking) or, perhaps more aptly, that time and distance have been compressed.

Answer to Question 2

a

[Awilson837]

Thank you

[ryrychapman11]

No problemo