Do an assessment of the production strategy and supply chain of the MNC. Be sure to address outsourcing and TQM. Where does Sony produce its goods and services? Apply in detail the country, technological and production factors involved. (Chapter 17 – International Business: Competing in the Global Marketplace by Hill, C.W. L. (2020))Book Citation:Hill, C.W. L. (2020). International Business: Competing in the Global Marketplace. [devry]. Retrieved from from Chapter 17 for you to cite for your convenience:Strategy, Production, and Supply Chain ManagementChapter 13 introduced the concept of the value chain and discussed a number of value creation activities, including production, marketing, logistics, R&D, human resources, and information systems. This chapter focuses on two of these value creation activities—­production and supply chain management—and attempts to clarify how they might be performed internationally to (1) lower the costs of value creation and (2) add value by better serving customer needs. Production is sometimes also referred to as manufacturing or operations when discussed in relation to global supply chains. We also discuss the contributions of information technology to these activities, which has become particularly important in a globally integrated world.