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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

Which of the following refers to the exporting of a product by a country or company at a price that is lower in the foreign importing market than the price charged in the exporter's domestic market?

Options:

A.

Short selling

B.

Dumping

C.

Hedging

D.

Recovery

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Question 2

XYZ, Inc. has experienced a significant increase in the number of expedited orders with a key supplier over the last few months. In this situation, XYZ should

Options:

A.

raise the reorder point level of the products purchased from the supplier, so that XYZ will not be affected by any stock shortages

B.

request that the supplier offer a discount on its products, as the expedited requests are a financial burden

C.

contact a freight forwarder and sign a priority shipping agreement, so that XYZ can secure the expedited services

D.

determine the reasons for the ongoing expedited orders, identify the root cause, and take corrective action

Question 3

An organization purchases material from several countries. These materials are assembled into products and sold in several other countries. This firm's product specifications will MOST likely reference

Options:

A.

International standards

B.

Incoterms® 2010 rules

C.

North American Free Trade Act

D.

exchange rates