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Question
With respect to the supplier selection and evaluation process, ____ looks at both the internal and external environment within which the supply decision is to be made.a. identify the need for supply
b. identify suppliers
c. situation analysis
d. evaluate suppliers
Answer
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b. measures a company's logistics cost as a percentage of its total cost
c. compares inventory turnover for major retailers
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Shipping conferences refer to ____.
a. annual meetings of large international shippers
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Incoterms are generally revised approximately every ____ years.
a. 25
b. 20
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a. certificate of origin
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c. shipper's letter of instruction
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a. RFID tab
b. shipper's mark
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a. it becomes more costly to import products to the country, but its exports surge
b. both imports and exports surge
c. it becomes more costly to export products from the country, but its imports surge
d. it becomes more costly to import and export products
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a. net world product
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c. gross world product
d. gross world income
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