Global sourcing exam - Study guides, Class notes & Summaries

SHRM Talent Acquisition Exam 98 Questions with Verified Answers Applicants Per Opening - CORRECT ANSWER Gauges the job's popularity. A large number of applicants could indicate high demand for jobs in that particular area, or a job description that's too broad. # of Submitted Applicants / Per Opening - CORRECT ANSWER Applicants Per Opening Formula Application Completion Rate - CORRECT ANSWER Tracking this rate helps hiring managers optimize their recruitment process. Finding the right...

CIPS L4M8 Chapter 2 Exam Questions And Answers Sourcing involves - ANS identifying and vetting those suppliers who are able to supply the product or service, as required in a specification from a procurement professional Different stages of Ordering - ANS - User need - Raise requisition - Approved process - Issue PO - Receive goods/service - Approve invoice Different stages of Sourcing - ANS - Understand the need - Develop strategy - Raise requisition - Source sup...

CIPS L4M8 LO2 Exam Questions and Answers 100% pass what are the stages of ordering? - Correct Answer ️️ -1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - Correct Answer ️️ -1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - Cor...

International Business Exam 1 Review Latest Update 100% Correct Globalization Movement from thinking about markets in terms of geographic areas to thinking about them as something that transcends borders; the shift towards a more integrated and interdependent world economy World-wide sourcing All types of businesses are getting inputs from several global locations Globalization of markets Merging of historically distinct and separate national markets into one huge global market; ...

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...

LSCM Exam 1 Questions & Answers 2024/2025 Supply Chain Logistics Management, involves collaboration between firms to connect suppliers, customers, and other partners as a means of boosting efficiency and producing value for the end consumer. - ANSWERSTrue According to the articles which of the following are part of the six components of Supply Chain? - ANSWERSall of the above -planning -sourcing -delivering/distribution -making/manufacturing The article discusses about one advanta...

Global Sourcing Final Exam 2023 Questions and Answers 100% Verified

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...

SCMN 2150 Exam 2 Robert Straw Questions and Answers Already Passed What is procurement? The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality What is strategic sourcing? an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company What is the difference between traditional purchasing and strategic sourcing? strategic sources seeks for continuous improvement What are t...

CIPS L4M8 LO2 Exam Questions and Answers 100% pass what are the stages of ordering? - Correct Answer ️️ -1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - Correct Answer ️️ -1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - Cor...