BUAD 331 SUPPLY CHAIN MANAGEMENT EXAM
1 PRACTICE QUESTIONS AND ANSWERS 2026
◉ 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
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
◉ 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
1 PRACTICE QUESTIONS AND ANSWERS 2026
◉ 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
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
◉ 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
