Which of the following discourages countertrade?

Test Bank for Purchasing Management

Quiz
•
English
•
University
•
Easy
Cao Duc
Used 1+ times
FREE Resource
90 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Well-developed domestic economy
Shortage of foreign exchange
Shortage of available credit
Desire to promote labor-intensive exports
Need to develop export markets for new products
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maquiladoras in Mexico ________.
cannot be owned by non-Mexicans
are different from foreign trade zones
are reconfiguring to focus on labor-intensive assembly
are designed to take advantage of low Mexican labor costs
are best suited to sophisticated manufacturing and product design
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When purchasing from offshore suppliers, buyers might expect delays resulting from ________.
transportation in the supplier’s country
domestic customs clearance
the time the goods are in port
transportation in the supplier’s country and domestic customs clearance
transportation in the supplier’s country, domestic customs clearance, and the time the goods are in port
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Special economic zones of China (SEZs) ________.
are located in Hong Kong
allow foreign and domestic trade and investment to be conducted, with the authorization of the Chinese central government
use tax and business incentives to attract foreign investment and technology as a means of supporting economic growth
are located in Hong Kong and use tax and business incentives to attract foreign investment and technology as a means of supporting rapid economic growth
are located in Hong Kong, use tax and business incentives to attract foreign investment and technology as a means of supporting rapid economic growth, and allow foreign and domestic trade and investment to be conducted, with the authorization of the Chinese central government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When comparing the total cost of ownership from an international supplier to that of a domestic supplier, the international supplier’s ________.
lower labor costs are easily eroded by additional shipping and insurance costs
lower labor costs offset the high cost of inefficient equipment and processes
prices are carefully controlled by the U.S. government to prevent dumping
lower labor rates must be considered in the context of productivity and quality
price will be higher if the U.S. dollar is strengthening on the exchange rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The structure of a global purchasing organization is influenced by ________.
the location of the company’s operations
the overall organizational structure
the location of key suppliers
the structure of the purchasing function
the location of the company’s operations, the overall organizational structure, the location of key suppliers, and the structure of the purchasing function
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most-cited reason for international trade is ________.
better quality
better overall value
more advanced technology
lower total costs
lower price
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