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Which of the following strategies is best suited according to the textbook for companies who want to perform better in a globalized supply chain?

1) defining consumer allocation zones
2) managing internal operations
3) conducting market research analysis
4) determining logistic partnership

User Hermeneck
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1 Answer

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Final answer:

To enhance global supply chain performance, companies should focus on advancing technology, managing internal operations, forming logistic partnerships, sharing technology with developing nations, and protecting labor rights.

Step-by-step explanation:

The best strategy for companies looking to perform better in a globalized supply chain, according to the textbook, involves a multifaceted approach that includes the advancement of technology, improving transportation methods and vehicles, establishing policies to maintain supply chains during national emergencies, sharing technologies with developing countries, and upholding labor rights. Ensuring effective internal operations management and determining logistic partnerships can particularly improve efficiency and responsiveness in the supply chain. Moreover, companies must invest in their labor force and adapt labor policies at international and national levels to ensure ethical and sustainable supply chain practices.

User Wilhelm Kleu
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