_____ are more responsive to the buying firm's changing needs and can economically make frequent smaller deliveries.
a. Local suppliers
b. International suppliers
c. Global suppliers
d. National suppliers
e. There is no relationship with the location of the supplier and customer responsiveness.
Question 2List and briefly describe the three different types of political risk.
Question 3Which of the following is not one of the criteria used to determine whether to buy direct vs. using a distributor?
a. Size of the purchase.
b. Manufacturer's policies regarding direct sales.
c. Storage space available at the purchaser's facility.
d. Distance between the manufacturer and the distributor.
e. Extent of services required.
Question 4Which 2002 law protects investors by improving the accuracy and reliability of corporate disclosures, and also covers issues like corporate responsibility, financial transparency, and accounting oversight?
a. The Federal Information Security Management Act
b. The USA PATRIOT Act
c. The Gramm-Leach-Bliley Act
d. The Sarbanes-Oxley Act
Question 5_____ is a program that distributors market to manage their customers' inventory for them.
a. Just-in-time
b. Supplier managed inventory
c. Self-managed inventory
d. Countertrade
e. Preferred supplier inventory
Question 6The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights gives:
a. individuals the right to free speech.
b. developing countries more time to implement necessary changes.
c. citizens the right to peaceful protests.
d. individuals and companies the right to own and sell property as they see fit.
Question 7The _____ buys from the OEM and resells, therefore incurring a transaction cost, and it must make a profit.
a. vendo
b. customer
c. preferred supplier
d. single source supplier
e. distributor
Question 8Which of the following refers to a legal entitlement of exclusive rights to use an idea, piece of knowledge, or invention?
a. Domestication
b. Embargoes
c. Intellectual property
d. Chill effect
Question 9Which of the following information is not generally maintained in a supplier informational database?
a. Current products.
b. Supplier's future technology roadmap.
c. Process capability ratios.
d. Advertising campaign information.
e. Past performance.
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