Global sourcing final - Study guides, Class notes & Summaries

Global Sourcing Final Exam 2023 Questions and Answers 100% Verified

Global Sourcing Final Exam 2023 Questions and Answers 100% Verified What percent of apparel consumed by the US is made here in the US? 3% The textile and apparel industry is worth how much money? 3 trillion dollars How many people in the world work in an industry that is part of or relates to the fashion industry? 1 and 6 people How many new pieces of clothing are purchased every year? 80 billion What percent of the clothing we donate to charity can actually be resold by that charity ...

Chapter 03 Ethics, Social Responsibility, and Sustainability True/False Questions 1. The study of morality and standards of conduct is referred to as ethics. Answer: True Feedback: Ethics is the study of morality and standards of conduct. AACSB: Analytic AACSB: Ethics Bloom's: Remember Learning Objective: 03-01 EXAMINE ethics in international management and some of the major ethical issues and problems confronting MNCs. Level of Difficulty: 1 Easy Topic: Ethics and Social Re...

SCMN 2150 FINAL Exam Questions With Verified Solutions Which global channel focuses on the documentation needed for government compliance, visibility, and control of goods moving globally. A.) Communication channel B.) Transaction channel C.) Distribution channel D.) Omni-channel A.) Communication channel According to a study by Stanford University, cross border trade processes can involve up to 106 steps. What problem does this cause? A.) Greater in-transit visibility B.) Lo...

Solution Manual For Principles of Supply Chain Management A Balanced Approach, 6th Edition by Joel Wisner, Keah-Choon Tan, G. Keong Leong-1. Define the term supply chain management in your own words and list its most important activities. Answers: The Supply-Chain Council’s definition of supply chain management is ―managing supply and demand, sourcing raw materials and parts, manufacturing and assembly, warehousing and inventory tracking, order entry and order management, distribution a...

BUSA 4000 Final Exam Review Questions with 100% Correct Answers The estimate of the share of annual industry sales the firm expects to generate in a particular target market is known as - Answer- Company Sales Potential ____ is used by some firms to gauge long-term sales potential without fully committing to a foreign market - Answer- Test Marketing Trade audits may provide managers insight regarding - Answer- Competitors' offerings and pricing A global market opportunity is a favo...

Test Bank For International Business 3rd Edition by Michael Geringer, Jeanne McNett. Isbn:9781264067527. 9781265992682. International Business, 3e test bank. Geringer 3e test bank for International Business. TOC-=module 1 The Challenging Context of International Business What Is International Business and What Is Different about It? The Influence of External and Internal Environmental Forces The Domestic Environment The Foreign Environment The International Environment Is Internationaliza...

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...

What are the primary steps in the strategic souring process? -Correct Answer -Research & Analysis -Initiative Planning -Supplier Selection -Contract Negotiation What is the objective of the sourcing process? -Correct Answer To achieve the "lowest landed cost" position for a specified product quality, quantity, and terms & conditions direct vs. indirect purchases -Correct Answer -Direct = Goes into final product (Wheels on a car) ~ raw materials, semi-finished products, finished ...

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 ...