Why might a company consider expanding its supply chain internationally?
A. To obtain access to lower-cost suppliers
B. To take advantage of a skilled labor base in another country
C. To support international expansion of sales
D. To fend off competition from an international competitor
E. All...
Why might a company consider expanding its supply chain internationally?
A. To obtain access to lower-cost suppliers
B. To take advantage of a skilled labor base in another country
C. To support international expansion of sales
D. To fend off competition from an international competitor
E. All of the above - CORRECT ANSWER-E. All of the above
What dimension of the country assessment framework involves the strength of supply
chain support businesses in the region?A.Competency
B.Economy
C.Politics
D.Infrastructure - CORRECT ANSWER-A.Competency
Supply chain solutions that work in one region can be repeated as long as you have the
technology systems to connect all supply chain partners.
A. True
B. False - CORRECT ANSWER-B. False
What is the biggest cause of difficulties in working with another culture?
A. Language differences
B. Different ways of making decisions and approaching business
C. Physical distance to the market
D. Not showing up to meetings on time - CORRECT ANSWER-B. Different ways of
making decisions and approaching business
Which supply chain strategy is most popular with companies today?
A. Purely global manufacturing with very few global production locations
B. Purely local manufacturing with production in every market
C. Regional strategy that groups countries into clusters
D. High-tech strategy that uses software to overcome the problems - CORRECT
ANSWER-C. Regional strategy that groups countries into clusters
What is the most common way that countries agree to increase trade?
A. Through unilateral removal of tariffs on imports
B. Through the GATT treaty agreement
C. Through WTO negotiations
D. Through negotiating bilateral or multilateral FTAs - CORRECT ANSWER-D. Through
negotiating bilateral or multilateral FTAs
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICS56. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
