Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 1.3, Problem 12P

a.

Summary Introduction

To determine: The purpose of NAFTA that was established in 1994 under the Clinton administration.

b.

Summary Introduction

To determine: If jobs would be lost as a result of NAFTA as characterized by the political opponents.

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What organization replaced the GATT? a. NAFTA b. International Trade Commission 9c. World Bank O d. World Trade Organization
Home Depot Inc. misjudged the market in China. The world’s largest home improvement chain entered the market in China in 2006 and decided to leave six years later. It was not able to sell its do-it-yourself brand to the -Chinese. “China is a do-it-for-me market, not a do-it-yourself market, so we have to adjust,” a Home Depot spokeswoman said.90 Cheap labor in China means many people can hire someone else to do home improvement work for them. Also, apartment-based living in China meant there was not much demand for products such as lumber. What could Home Depot have done to avoid its mistake? In what cultures might Home Depot find better success?
Writing a Claim Letter When President Carlos Menem of Argentina took office in 1989, he and his economy minister Domingo Covallo decided that competition from foreign producers would stimulate Argentine businesses to provide better products at competitive prices.  To the delight of Argentine shoppers, the import tariffs were lowered and goods began pouring in from all over the world: calculators and copy machines, scissors and automobiles, bicycles, toothpicks – and peaches. When Menem’s new policies took effect, California peach growers responded eagerly to the opening of the new market.  Individual growers banded into the California Peach Growers Association to ship their fruit to Edcadassa, the Argentine firm that oversees all imported goods while they await customs clearance at Ezeiza international airport. As supervisor of the Argentine project for the growers association, you were extremely pleased with success of the first few shipments; everything had gone smoothly.  Then word…
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