In some countries overseas, the cost of materials, labour and utilities tends to be c______ than in Australia.
In global outsourcing, the business activities are ‘c______ o___’ in the sense that the external person or business in another country is paid money to complete the activities, so the business paying the money doesn’t have to complete these activities itself.
An example step in a supply chain is the final product (the _____) being produced in a manufacturing factory.
O_____ m__________ is the production of goods in a country that is different to the location of a business’ headquarters.
An example step in a supply chain is retailers selling the product to c__________.
If a business is globally outsourcing a business a_______ other than manufacturing (eg, the business’ technology support and/or sales), the business is engaging in global outsourcing, but not overseas manufacturing.
Global sourcing of inputs is the practice of a_______ from overseas suppliers the most cost-effective raw materials and component parts, as well as other inputs.
An example step in a supply chain is raw materials and component parts being sent to a m_________ f_______.
In some countries overseas, the cost of c______ with laws and regulations tends to be lower than in Australia.
Many customers disapprove of global outsourcing because of its impact on l____ j___.
Verticales
Supply chain ________ is the coordination of the flow of supplies from point of origin, through a business’ operations system to the final products delivered to customers.
Business activities that aren’t part of a business’ c____ activities often are outsourced in Australia.
Consider a business that has bought a factory overseas and is using this f_____, as well as the business’ own staff, to produce the business’ goods. This business is engaging in overseas manufacturing, but not global outsourcing.
An example step in a supply chain is the wholesaler distributing the product to r__________.
G____ o________ is the contracting of specific business activities to an external person or business in another country.
One reason for an increased p_______ r____ overseas is the potential ability to access larger production facilities than are available in Australia.
If a business’ supply chain isn’t environmentally sustainable, this can have a negative impact on the business’ r_________.
If the raw materials or component parts provided to a business are of a low quality, it’s likely to be costly and/or difficult for the business to produce h___-q_____ products.
If a business doesn’t have reliable suppliers of raw materials and component parts, the number of h___ t__ p______ will increase.
An example step in a supply chain is the final product being sent to a w__________.
One reason for an increased production rate overseas is the potential ability to access more l____ who have expertise in manufacturing than is available in Australia.
A s____ c____ is the range of suppliers from which a business purchases raw materials and component parts, as well as other inputs.
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It prints on two pages.
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