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BUAD 331 Final Modules- Questions and Answers 100% Solved
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BUAD 331 Final Modules- Questions and Answers 100% Solved
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BUAD 331 Final Modules- Questions and Answers 100%Solved
The legal system used in the United States is based on:
A. Napoleonic law.
B. common law.
C. civil law.
D. code law. Correct Ans-B. common law.
Supply chain management has a widely accepted definition that does not vary substantially
between countries.
A. True
B. False Correct Ans-B. False
Which framework is most useful for companies wanting to build an initial assessment of the
general operating environment in a country?
A. EPIC
B. CAGE
C. SWOT
D. FARM Correct Ans-A. EPIC
What type of company will likely work with international supply chains?
A. Large multinational company
B. Regional company
,BUAD 331 Final Modules- Questions and Answers 100%
Solved
C. Small business
D. All of the above Correct Ans-D. All of the above
Labor laws in the United States are generally seen to be more-friendly to the international
worker than those in most other countries.
A. True
B. False Correct Ans-B. False
When entering a new international market, the following question(s) should be asked to
understand cultural differences:
A. How are decisions made?
B. How are relationships approached
C. How is success measured?
D. A & B
E. All of the above Correct Ans-E. All of the above
The _______ was created as an international agency to oversee the new exchange rate system
and to help bridge difficulties and financial crises in individual member companies.
A. GATT
B. WTO
C. ITC
D. IMF Correct Ans-D. IMF
, BUAD 331 Final Modules- Questions and Answers 100%
Solved
Two-thirds of the world's countries including France and Germany use what type of law as the
basis for their legal system?
A. Civil Law
B. Common Law
C. Trade Law
D. International Law Correct Ans-A. Civil Law
Products that are sold outside of normal distribution channels are referred to as
"____________".
A. White Markets
B. Black Markets
C. Gray Markets
D. Blue Markets Correct Ans-C. Gray Markets
The EPIC Framework is most useful when a company is trying to build ________________.
A. a new warehouse
B. an initial assessment of a countries operating environment
C. new insights into the US labor market
D. a detailed assessment of a specific foreign market Correct Ans-B. an initial assessment
of a countries operating environment
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