COMMERCE 2OC3 Chapter Notes - Chapter 2: North American Free Trade Agreement, World Trade Organization, Boeing 787 Dreamliner
8 Feb 2017
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Document Summary
Chapter 2: operations strategy in a global environment. Latest aerospace technology i. e. lightweight materials, maintenance monitoring system. Worked with ge and rolls-royce to build engines, contributed 8% of fuel/payload efficiency of new plan. Huge financial risk ( billion) to develop, found partners to spread risk. 80% of the plane built by other companies. A global view of operations and supply chains. Maquiladoras: mexican factories located along the usa-mexico border that receive preferential tariff treatment. World trade organization (wto): an international organization promotes world trade by lowering barriers to the free flow of goods across borders. North american free trade agreement (nafta): a free trade agreement between canada, mexico, and the usa. European union (eu): a european trade group that has 28 member states as of 2015: improve the supply chain, provide better goods and services. Extend product life cycles i. e. pc in canada vs vietnam: understand markets, lean how to improve operations, attract and retain global talent.
