Global sourcing exam - Study guides, Class notes & Summaries
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CIPS L4M8 LO2 Exam Questions With Verified Answers
- Exam (elaborations) • 16 pages • 2024
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CIPS L4M8 LO2 Exam Questions With 
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what are the stages of ordering? - answer1) user need 
2) raise requisition 
3) approved process 
4) issue PO 
5) receive goods/service 
6) approve invoice 
what are the stages of sourcing? - answer1) understand the need 
2) develop strategy 
3) raise requisition 
4) source suppliers 
5) issue ITT/RFQ 
6) negotiate and award contract 
7) SRM/contract management 
in what locations can sourcing take place? - answer- localised 
- regional 
- nati...
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CIPS L4M8 LO2 Exam Questions With Verified Answers
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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CIPS L4M8 LO2 Exam Questions With 
Verified Answers 
what are the stages of ordering? - answer1) user need 
2) raise requisition 
3) approved process 
4) issue PO 
5) receive goods/service 
6) approve invoice 
what are the stages of sourcing? - answer1) understand the need 
2) develop strategy 
3) raise requisition 
4) source suppliers 
5) issue ITT/RFQ 
6) negotiate and award contract 
7) SRM/contract management 
in what locations can sourcing take place? - answer- localised 
- regional 
- nati...
-
Dustin Cole SCMN 3730 Final Exam with Verified Answers
- Exam (elaborations) • 9 pages • 2024
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Dustin Cole SCMN 3730 Final Exam with 
 
Verified Answers 
 
Kraljic's purchasing matric 
High : Leverage, Strategic 
Low: Non- Critical, Critical/Bottle Neck 
Low,High 
Kraljic's purchasing requirements and focus 
- Strategic item's 
- Bottleneck item's 
- Leverage item's 
- non-critical item's 
Kraljic's management types 
- Focus 
- KPI 
- Typical Suppliers 
- Time Horizon 
- Item's purchased 
- Supply 
- Decision authority 
economies of scale 
 
Occur when costs per unit decline as th...
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CIPS L4M8 LO2 Exam Questions and Answers 100% pass
- Exam (elaborations) • 21 pages • 2024
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CIPS L4M8 LO2 Exam Questions and 
Answers 100% pass 
what are the stages of ordering? - Correct Answer ️️ -1) user need 
2) raise requisition 
3) approved process 
4) issue PO 
5) receive goods/service 
6) approve invoice 
what are the stages of sourcing? - Correct Answer ️️ -1) understand the need 
2) develop strategy 
3) raise requisition 
4) source suppliers 
5) issue ITT/RFQ 
6) negotiate and award contract 
7) SRM/contract management 
in what locations can sourcing take place? - Cor...
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LSCM Exam 1 2024 with 100% Correct Answers
- Exam (elaborations) • 7 pages • 2024
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LSCM Exam 1 2024 with 100% Correct Answers 
 
 
Landed costs are independent of sales/FOB terms. t/f - ANSWERSF 
 
An advantage of e-sourcing and e-procurement is that there is little risk involved t/f - ANSWERSF 
 
e-Sourcing and e-procurement are the same t/f - ANSWERST 
 
The mathematical calculation of the point of equality between systems under analysis is used for short-run/static analysis t/f - ANSWERSF 
 
It is predicted that social networks such as Facebook and Twitter will influence s...
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BUSA 4000 EXAM QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION
- Exam (elaborations) • 7 pages • 2024
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BUSA 4000 EXAM QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION 
When using the process of gradual elimination to screen potential country markets, a researcher should first - Answer- obtain general information on macro-level indicators such as population, income, and economic growth 
 
Trade audits may provide managers insight regarding - Answer- competitors' offerings and pricing 
 
The strategic view of global sourcing suggests that - Answer- just as firms achieve gains in efficiency, pro...
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Global Sourcing Final UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 13 pages • 2024
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Global Sourcing Final UPDATED Exam 
Questions and CORRECT Answers 
What percent of apparel consumed by the US is made here in the US? - Correct Answer- 3% 
The textile and apparel industry is worth how much money? - Correct Answer- 3 trillion 
dollars 
How many people in the world work in an industry that is part of or relates to the fashion 
industry? - Correct Answer- 1 and 6 people
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Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+)
- Exam (elaborations) • 8 pages • 2024
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Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) 
Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) 
 
What does operations and supply chain management involve? (6 elements) - ANSWER - product design 
purchasing 
manufacturing 
service operations 
logistics 
distribution 
 
Describe what operations and supply chain management is. - ANSWER - It ...
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CIPS L4M8 LO2 Exam Questions With Verified Answers
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
CIPS L4M8 LO2 Exam Questions With 
Verified Answers 
what are the stages of ordering? - answer1) user need 
2) raise requisition 
3) approved process 
4) issue PO 
5) receive goods/service 
6) approve invoice 
what are the stages of sourcing? - answer1) understand the need 
2) develop strategy 
3) raise requisition 
4) source suppliers 
5) issue ITT/RFQ 
6) negotiate and award contract 
7) SRM/contract management 
in what locations can sourcing take place? - answer- localised 
- regional 
- nati...
-
MKT 310 MSU Exam 1 Questions & Answers 2024/2025
- Exam (elaborations) • 10 pages • 2024
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MKT 310 MSU Exam 1 Questions & Answers 2024/2025 
 
 
globalization - ANSWERSthe shift toward a more integrated and interdependent world economy 
 
globalization of markets - ANSWERSmerging of historically distinct and separate national markets into one huge global marketplace 
 
what are the most global of markets? - ANSWERSmarkets for industrial goods and materials. 
 
ex: aluminum, oil, wheat 
 
what assets to firms bring with them have served them well in other national markets? - ANSWERSthe...
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