SCM 300 UPDATED ACTUAL EXAM
QUESTIONS AND CORRECT ANSWERS
COMPLETE STUDY GUIDE
●● revenue opportunities
Answer: -reach new consumers
-manage risk of low sales in one market by selling in multiple markets
abroad
-taking supply chain to new locations may allow your company to learn
about alternative sale & distribution options that might be useful in other
markets
-it may allow your company to learn about new product service or
business trends that can be adopted in other markets
●● cost opportunities
Answer: -potentially lower cost materials, labor, storage, transportation,
energy savings
-taxes, tariffs, legal fees & business transaction fees
-taking your supply chain to new locations may allow for your company
to learn about business practices and trends that improve savings in other
markets
●● global brand strategy
, Answer: -differences in packaging laws
-accepted packaging conventions
-environmental requirements
-different distribution and retail systems
-different consumer tastes and needs
-laws that impact truck size
-label requirements
●● intellectual property
Answer: refers to copyrights, patents, trademarks and other designation
that protect the creative ideas of a company, artist, or other creator of
goods, ideas and other outputs
●● benefits and risks of external partners
Answer: -quality control
-intellectual property
-business practices
-loss of strategic flexibility
●● quality control
Answer: -how concerned are they about the quality level of products that
will ultimately carry your name not theirs?
QUESTIONS AND CORRECT ANSWERS
COMPLETE STUDY GUIDE
●● revenue opportunities
Answer: -reach new consumers
-manage risk of low sales in one market by selling in multiple markets
abroad
-taking supply chain to new locations may allow your company to learn
about alternative sale & distribution options that might be useful in other
markets
-it may allow your company to learn about new product service or
business trends that can be adopted in other markets
●● cost opportunities
Answer: -potentially lower cost materials, labor, storage, transportation,
energy savings
-taxes, tariffs, legal fees & business transaction fees
-taking your supply chain to new locations may allow for your company
to learn about business practices and trends that improve savings in other
markets
●● global brand strategy
, Answer: -differences in packaging laws
-accepted packaging conventions
-environmental requirements
-different distribution and retail systems
-different consumer tastes and needs
-laws that impact truck size
-label requirements
●● intellectual property
Answer: refers to copyrights, patents, trademarks and other designation
that protect the creative ideas of a company, artist, or other creator of
goods, ideas and other outputs
●● benefits and risks of external partners
Answer: -quality control
-intellectual property
-business practices
-loss of strategic flexibility
●● quality control
Answer: -how concerned are they about the quality level of products that
will ultimately carry your name not theirs?
