QUESTION 4

Which sourcing arrangement is common in the clothing industry?

overseas independent contractor

independent overseas manufacturer

wholly owned subsidiary

overseas joint venture

QUESTION 15

An automated manufacturing plant found that its process slowed down at one point because a part had to be inserted manually. This ________ set the limit for the entire system's output.

production gap

output break

product flow interruption

bottleneck

QUESTION 24

What are the benefits of global sourcing?

QUESTION 25

Which metric would typically be used in measuring supply chain performance?

website click-through rate

advertising results

salesperson turnover

orders delivered on time

QUESTION 27

Daily operations of the EU are conducted by the

Council of the European Union.

European Administrative Coalition.

European Commission.

European Parliament.

QUESTION 30

The EU's impact on international business is

significant, since EU standardsimpact any firm that wants to do business in the EU.

negligible, given that the EU members tend to trade with each other.

significant, because the EU is a major exporter into developing nations.

not significant, because the EU members need to trade with other developed economies.

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