PREPARATION 2026 REVIEW SHEET SOLVED
QUESTIONS GUARANTEED PASS
◉ What is the biggest cause of difficulties in working with another
culture?
Answer: Different ways of making decisions and approaching
business
◉ Which supply chain strategy is most popular with companies
today?
Answer: Regional strategy that groups countries into clusters
◉ What is the most common way that countries agree to increase
trade?
Answer: Through negotiating bilateral or multilateral FTAs
◉ When was the World Trade Organization founded?
Answer: 1995
◉ The legal system used in the United States is based on:
Answer: common law.
, ◉ Supply chain management has a widely accepted definition that
does not vary substantially between countries.
Answer: false
◉ Which framework is most useful for companies wanting to build
an initial assessment of the general operating environment in a
country?
Answer: EPIC
◉ What type of company will likely work with international supply
chains?
Answer: 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.
Answer: false
◉ When entering a new international market, the following
question(s) should be asked to understand cultural differences:
Answer: all of the above