BUAD 331 2025/2026 Exam Questions
and Corresponding Answers with Surety
of 100% Pass Mark
1- Supply chain management has a widely accepted definition that does
not vary substantially between countries.
True
False - 🧠 ANSWER ✔✔False
What type of company will likely work with international supply chains?
Large multinational company
Regional company
Small business
All of the above - 🧠 ANSWER ✔✔All of the above
Labor laws in the United States are generally seen to be more-friendly to
the international worker than those in most other countries.
True
1
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
,False - 🧠 ANSWER ✔✔False
Why might a company consider expanding its supply chain internationally?
To obtain access to lower cost suppliers
To take advantage of a skilled labor base in another country
To support international expansion of sales
To fend off competition from an international competitor
All of the above - 🧠 ANSWER ✔✔All of the above
When entering a new international market, the following question(s) should
be asked to understand cultural differences:
How are decisions made?
How are relationships approached
How is success measured?
A&B
All of the above - 🧠 ANSWER ✔✔All of the above
2
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
, The _______ was created as an international agency to oversee the new
exchange rate system and to help bridge difficulties and financial crises in
individual member companies.
GATT
WTO
ITC
IMF - 🧠 ANSWER ✔✔IMF
Two-thirds of the world's countries including France and Germany use what
type of law as the basis for their legal system?
Civil Law
Common Law
Trade Law
International Law - 🧠 ANSWER ✔✔Civil Law
Products that are sold outside of normal distribution channels are referred
to as "____________".
White Markets
Black Markets
3
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
and Corresponding Answers with Surety
of 100% Pass Mark
1- Supply chain management has a widely accepted definition that does
not vary substantially between countries.
True
False - 🧠 ANSWER ✔✔False
What type of company will likely work with international supply chains?
Large multinational company
Regional company
Small business
All of the above - 🧠 ANSWER ✔✔All of the above
Labor laws in the United States are generally seen to be more-friendly to
the international worker than those in most other countries.
True
1
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
,False - 🧠 ANSWER ✔✔False
Why might a company consider expanding its supply chain internationally?
To obtain access to lower cost suppliers
To take advantage of a skilled labor base in another country
To support international expansion of sales
To fend off competition from an international competitor
All of the above - 🧠 ANSWER ✔✔All of the above
When entering a new international market, the following question(s) should
be asked to understand cultural differences:
How are decisions made?
How are relationships approached
How is success measured?
A&B
All of the above - 🧠 ANSWER ✔✔All of the above
2
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
, The _______ was created as an international agency to oversee the new
exchange rate system and to help bridge difficulties and financial crises in
individual member companies.
GATT
WTO
ITC
IMF - 🧠 ANSWER ✔✔IMF
Two-thirds of the world's countries including France and Germany use what
type of law as the basis for their legal system?
Civil Law
Common Law
Trade Law
International Law - 🧠 ANSWER ✔✔Civil Law
Products that are sold outside of normal distribution channels are referred
to as "____________".
White Markets
Black Markets
3
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
