How Does Global Production Work? - Module 5

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 Opportu...
⏪ Previous video in the series: What Is Protectionism? - Module 4
⏮ First video in the series: What is Globalization? - Module 1
🗂️ The series playlist: MGT 1060: Principles of International...
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Check out my other YouTube channels!
❤️ Nutshell Studio Productions: @nutshellstudioproductions
❤️ Lon’s Personal Vlog: @dailycalibration
❤️ Rattling Around the Garage: @rattlingaroundthegarage
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Let’s connect!
👍 Website: https://nutshellbrainery.com/
👍 Twitter: Twitter: LonSchiffbauer
👍 Instagram: Instagram: LonSchiffbauer
💰 Patreon: 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? - Mo...

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