SCMT 3643 Exam 2 Questions AND Correct Answers
A decision to sell in a developing country may be coupled with a decision to procure from it because ... -
✔✔of the need to balance the country's strong currency flows as a condition of doing business.
A firm is engaged in international distribution if it - ✔✔sells its products in international markets
A Japanese delegation meets a Brazilian delegation in Rio de Janeiro to negotiate shipments of piranha
from the Amazon. Which behaviors will be appropriate, according to the video? - ✔✔The Brazilians
shake hands with the Japanese women first, then with men.
The Japanese do not ask the Brazilian speaker questions during his presentation about the Amazon.
All of the above.
None of the above.- Answer
A reduction in the cost of production of a single unit thanks to the increases in the scale of production
called - ✔✔Economies of scale
a significant increase in sales results in a need to - ✔✔increase the scale of production
According to the video, a mutual earnest effort to understand each other's perspectives when dealing
with a foreign company is likely to result in this outcome: - ✔✔increased chances of a successful
business relationship
According to the video, globalization of product refer to - ✔✔selecting the best location in the world for
efficient sourcing, manufacturing and distribution of products
According to the video, starting to buy from abroad may have this effect on the company's negotiating
position with domestic suppliers of the same products: - ✔✔Domestic suppliers will likely offer better
contract terms to keep the business with the company.
, According to the video, which is the most common motivation for international sourcing? - ✔✔lower
cost
An example of Starbucks sourcing coffee from overseas illustrates this rationale for international
sourcing: - ✔✔better availability
Assume a manager is considering either buying a foreign product from a distributor located in the
buyer's own country OR buying the same product sourced from a supplier abroad? Which of the
following is NOT a true advantage from buying from the domestic distributor? - ✔✔The buyer has better
control of the product availability and quality.
For the exporter, which is a downside of dealing with an etc? - ✔✔Little control over the exporting
process
How are working conditions overseas may be different from those in the US? - ✔✔child labor
long working days
poorly ventilated, unclean work areas
in terms of increased returns , economies of scale can be applied all activities except - ✔✔no exception
they can be applied to:
Production
Transportation
Purchasing
Advertising
Regardless of the motivation for international sourcing to complement domestic sourcing, which effect
is likely to be present? - ✔✔higher supply chain resiliency
A decision to sell in a developing country may be coupled with a decision to procure from it because ... -
✔✔of the need to balance the country's strong currency flows as a condition of doing business.
A firm is engaged in international distribution if it - ✔✔sells its products in international markets
A Japanese delegation meets a Brazilian delegation in Rio de Janeiro to negotiate shipments of piranha
from the Amazon. Which behaviors will be appropriate, according to the video? - ✔✔The Brazilians
shake hands with the Japanese women first, then with men.
The Japanese do not ask the Brazilian speaker questions during his presentation about the Amazon.
All of the above.
None of the above.- Answer
A reduction in the cost of production of a single unit thanks to the increases in the scale of production
called - ✔✔Economies of scale
a significant increase in sales results in a need to - ✔✔increase the scale of production
According to the video, a mutual earnest effort to understand each other's perspectives when dealing
with a foreign company is likely to result in this outcome: - ✔✔increased chances of a successful
business relationship
According to the video, globalization of product refer to - ✔✔selecting the best location in the world for
efficient sourcing, manufacturing and distribution of products
According to the video, starting to buy from abroad may have this effect on the company's negotiating
position with domestic suppliers of the same products: - ✔✔Domestic suppliers will likely offer better
contract terms to keep the business with the company.
, According to the video, which is the most common motivation for international sourcing? - ✔✔lower
cost
An example of Starbucks sourcing coffee from overseas illustrates this rationale for international
sourcing: - ✔✔better availability
Assume a manager is considering either buying a foreign product from a distributor located in the
buyer's own country OR buying the same product sourced from a supplier abroad? Which of the
following is NOT a true advantage from buying from the domestic distributor? - ✔✔The buyer has better
control of the product availability and quality.
For the exporter, which is a downside of dealing with an etc? - ✔✔Little control over the exporting
process
How are working conditions overseas may be different from those in the US? - ✔✔child labor
long working days
poorly ventilated, unclean work areas
in terms of increased returns , economies of scale can be applied all activities except - ✔✔no exception
they can be applied to:
Production
Transportation
Purchasing
Advertising
Regardless of the motivation for international sourcing to complement domestic sourcing, which effect
is likely to be present? - ✔✔higher supply chain resiliency
