BUAD 332 EXAMINATION TEST 2026
QUESTIONS WITH ANSWERS GRADED A+
◉ What type of company will likely work international supply chains?
Answer: all of the above
◉ Labor laws in the US are generally seen to be more-friendly to the
international worker than those in most other countries. Answer: FALSE
◉ Why might a company consider expanding it supply internationally?
Answer: all of the above
◉ When entering a new international market, the following questions
should be asked to understand cultural differences. 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. Answer: IMF
◉ Two-thirds of the worlds countries including France and Germany use
what type of law as the basis or their legal system? Answer: Civil law
, ◉ Products that are sold outside of normal distribution channels are
refereed to as "_____" Answer: gray markets
◉ The EPIC framework is most useful when a company is trying to
build ______ Answer: an initial assessment of a countries operating
environment
◉ Which term refers to products that are sold outside of an official
distribution channel, often causing problems for the original
manufacture. Answer: gray market
◉ Zamtec Company has a supplier that is very close to bankruptcy (it is
inevitable). The supplier provides products that are extremely critical to
Zamtec and is a single source of supply for these products. What cell in
a risk matrix best describes the risk they are facing? Answer:
High/critical (correct)
◉ Lanyard Company has a single supplier that provides a critical raw
material. This situation could represent: Answer: Both b and c (correct)
◉ Having two manufacturing plants that can make the same product best
exhibits which capability? Answer: Mitigation capabilities (correct)
QUESTIONS WITH ANSWERS GRADED A+
◉ What type of company will likely work international supply chains?
Answer: all of the above
◉ Labor laws in the US are generally seen to be more-friendly to the
international worker than those in most other countries. Answer: FALSE
◉ Why might a company consider expanding it supply internationally?
Answer: all of the above
◉ When entering a new international market, the following questions
should be asked to understand cultural differences. 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. Answer: IMF
◉ Two-thirds of the worlds countries including France and Germany use
what type of law as the basis or their legal system? Answer: Civil law
, ◉ Products that are sold outside of normal distribution channels are
refereed to as "_____" Answer: gray markets
◉ The EPIC framework is most useful when a company is trying to
build ______ Answer: an initial assessment of a countries operating
environment
◉ Which term refers to products that are sold outside of an official
distribution channel, often causing problems for the original
manufacture. Answer: gray market
◉ Zamtec Company has a supplier that is very close to bankruptcy (it is
inevitable). The supplier provides products that are extremely critical to
Zamtec and is a single source of supply for these products. What cell in
a risk matrix best describes the risk they are facing? Answer:
High/critical (correct)
◉ Lanyard Company has a single supplier that provides a critical raw
material. This situation could represent: Answer: Both b and c (correct)
◉ Having two manufacturing plants that can make the same product best
exhibits which capability? Answer: Mitigation capabilities (correct)
