Chapter 10 Final

Chapter 10 Final - TEST BANK Sourcing and Supply Chain...

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TEST BANK Sourcing and Supply Chain Management – 4th edition Handfield, Monczka, Giunipero, and Patterson Chapter 10 True or False 1. On the supply side, the cost/price benefits associated with sourcing in developing countries are an insignificant motivation for remaining competitive in an increasingly global environment. a. True b. False (pp. 345-346) 2. In order to gain access to the lowest costs, cutting-edge technology, and best capabilities, organizations must scan the global landscape in search of the best suppliers. a. True (p. 350) b. False 3. Buyers are seldom reluctant to shift business from domestic sources to unknown foreign sources. a. True b. False (p. 351) 4. The use of a full-service trading company may actually result in a lower total cost for international purchases compared with performing each activity individually. a. True (p. 354) b. False 5. Few consulates have trade experts who are eager to do business with American buyers. a. True b. False (p. 355) 6. Always assume that a foreign company can automatically satisfy a buyer’s performance requirements or expectations. a. True b. False (p. 355) This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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7. A major complaint about Americans is our ignorance of other cultures. a. True (p. 356) b. False 8. Cultural differences between countries seldom result in unwelcome surprises when buying internationally. a. True b. False (p. 356) 9. The largest differences in communication styles across countries are message speed and level of content. a. True (p. 356) b. False 10. All countries offer effective protection against the piracy of intellectual property. a. True b. False (p. 357) 11. Most foreign countries like dealing with the U.S. legal system and long contracts. a. True b. False (p. 357) 12. There is no dollar threshold on the Foreign Corrupt Practices Act, making it illegal to offer even a dollar as a bribe. a. True (p. 360) b. False 13. Foreign nationals, who usually report directly to a centralized corporate procurement office, staff the international purchasing office. a. True (p. 361) b. False 14. Barter requires trading parties to enter into a series of contracts to fulfill trading requirements. a. True b. False (p. 362) This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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15. Despite its apparent simplicity, barter is one of the least-practiced forms of countertrade today. a. True (. 362) b. False 16. Counterpurchase requires a company to fulfill its countertrade requirements by purchasing products within a country that are unrelated to its primary business. a.
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Chapter 10 Final - TEST BANK Sourcing and Supply Chain...

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