All of the following are examples of how supply management should monitor and anticipate activity in its supply market except _____.
a. ensuring that cost accounting keeps track of historical prices paid
b. forecasting long-term supply and prices for its basic commodities
c. monitoring technological innovations that impact its primary materials or make substitute materials economically attractive
d. evaluating not only its existing suppliers but also other potential suppliers
e. providing timely visibility to new-product requirements
Question 2At present, U.S. nationals living abroad are fully subject to U.S. federal taxation.
Indicate whether the statement is true or false
Question 3A tactic is a common marketing strategy used by an entire industry.
a. True
b. False
Indicate whether the statement is true or false
Question 4Which of the following is not true regarding establishing sourcing team goals?
a. Teams with established goals often use those goals as a basis for evaluating how well the team is performing.
b. Teams will establish, on average, challenging rather than easy goals.
c. External pressure on a team to set goals usually results in the setting of more challenging goals.
d. Teams establish goals only because they have to.
e. Teams with goals perform better, on average, than teams that are asked simply to perform their best without explicit end goals.
Question 5It is illegal for ticket brokers to sell tickets for more than their face value.
a. True
b. False
Indicate whether the statement is true or false
Question 6Special import authorization, excise duties, discretionary licensing, and trade restriction affecting electronic commerce are examples of trade barriers.
Indicate whether the statement is true or false
Question 7Management can exert subtle control over a team's tasks through all of the following except _____.
a. authorizing the creation of the sourcing team
b. selecting the team's task
c. selecting the team leader and members
d. conducting performance reviews and holding teams accountable for performance outcomes
e. sitting in on all team meetings
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