MSCM 430 Final Exam Questions and
Answers 100% Solved | Graded A+
the practice of a company promising to buy material products or services
from a country in return for the privilege of selling in the country -
✔✔counter trades
compares the function performed by the lower purchased item with the cost
in an attempt to find a lower cost alternative - ✔✔value analysis
Compare value analysis vs value engineering - ✔✔value analysis is done
on purchased items used in the ongoing production process
value engineering looks at cost saving possibilities in the design stage
arbitration by which disputes arising out of business contracts or
transactions may be settled out of court by a special tribunal. -
✔✔commercial arbitration
know questions
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Purpose the the UCC - ✔✔The purpose of the Uniform Commercial Code
(UCC) is to provide a framework of laws that govern transactions of buyers
and sellers in the United States in order to minimize the risks with the
acquisition process and facilitate fair and efficient trade.
What are the two key questions when evaluating potential sources? - ✔✔1.
Is this supplier capable or supplying our requirements satisfactorily in both
the short and long term?
2. Is this supplier motivated to supply these requirements the way we
expect in the short and long term?
-Are they worried about catching bigger fish?
Group E - ✔✔departure
Group F - ✔✔main carriage unpaid
Group C - ✔✔main carriage paid by seller
Group D - ✔✔arrival
What is a BOL? What does it involve? - ✔✔The contract between the
shipper and the carrier, spells out legal liabilities, evidence of ownership
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
Answers 100% Solved | Graded A+
the practice of a company promising to buy material products or services
from a country in return for the privilege of selling in the country -
✔✔counter trades
compares the function performed by the lower purchased item with the cost
in an attempt to find a lower cost alternative - ✔✔value analysis
Compare value analysis vs value engineering - ✔✔value analysis is done
on purchased items used in the ongoing production process
value engineering looks at cost saving possibilities in the design stage
arbitration by which disputes arising out of business contracts or
transactions may be settled out of court by a special tribunal. -
✔✔commercial arbitration
know questions
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Purpose the the UCC - ✔✔The purpose of the Uniform Commercial Code
(UCC) is to provide a framework of laws that govern transactions of buyers
and sellers in the United States in order to minimize the risks with the
acquisition process and facilitate fair and efficient trade.
What are the two key questions when evaluating potential sources? - ✔✔1.
Is this supplier capable or supplying our requirements satisfactorily in both
the short and long term?
2. Is this supplier motivated to supply these requirements the way we
expect in the short and long term?
-Are they worried about catching bigger fish?
Group E - ✔✔departure
Group F - ✔✔main carriage unpaid
Group C - ✔✔main carriage paid by seller
Group D - ✔✔arrival
What is a BOL? What does it involve? - ✔✔The contract between the
shipper and the carrier, spells out legal liabilities, evidence of ownership
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
