Create a hypothetical global corporation and answer the five basic questions that deal with production

Create a hypothetical global corporation and answer the five basic questions that deal with production:

  • Where should production be located and should it be concentrated or dispersed?
  • What should be the long-term strategic role of foreign productions sites?  Should the firm abandon a foreign site if factor costs change, or is there value to maintaining an operation at a given location even if economic conditions change?
  • Should the firm own foreign production or should production be outsourced?
  • How should a globally-dispersed supply chain be managed?
  • Should the firm manage the logistics or outsource their management?

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