What are the five main production issues for firms?

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What are the five main production issues for firms?



Answer:

1. Where should production activities be located?
2. What should be the long-term strategic role of foreign production sites?
3. Should the firm own foreign production activities or outsource those activities to independent vendors?
4. How should a globally dispersed supply chain be managed, and what is the the role of internet-based in formation technology in the management of global logistics?
5. Should the firm manage global logistics itself, or should it outsource the management to enterprises that specialize in this activity?

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