How Does Global Production Work? - Module 5

Описание: Everything you purchase was produced using materials, goods, and services from all over the globe. But how does this make for a better and more affordable product?
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Here are some timestamps so you can jump ahead to what you need most:
0:00 Start
0:26 Value Creation
4:25 Relationship between quality and costs
7:34 Six-Sigma
11:56 Lean
13:28 ISO-9000
24:53 In-House or Outsource
29:23 Where to produce
34:53 Regional Economic Integration
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Here are some links to other videos in this series:
⏩ Next video in the series:    • How to Evaluate Global Market Opportunitie...  
⏪ Previous video in the series:    • What Is Protectionism? - Module 4  
⏮ First video in the series:    • What is Globalization? - Module 1  
🗂️ The series playlist:    • Principles of International Business  
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Check out my other YouTube channels!
❤️ Nutshell Studio Productions:    / @nutshellstudioproductions  
❤️ Lon’s Personal Vlog:    / @nutshellcompound  
❤️ Rattling Around the Garage:    / @rattlingaroundthegarage  
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Let’s connect!
👍 Website: https://nutshellbrainery.com/
👍 Twitter:   / lonschiffbauer  
👍 Instagram:   / lonschiffbauer  
💰 Patreon:   / nutshellbrainery  
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🎓 APA 7 Citation:
Schiffbauer, L. W. [Nutshell Brainery]. (2021, April 28). How does global production work? [Video]. YouTube.    • How Does Global Production Work? - Module 5