BUAD 331 Final 2025/2026 Exam
Questions with Detailed Verified
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Why might a company consider expanding its supply chain internationally?
- 🧠 ANSWER ✔✔- 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
What is the biggest cause of difficulties in working with another culture? - 🧠
ANSWER ✔✔Different ways of making decisions and approaching
business.
Which supply chain strategy is most popular with companies today? - 🧠
ANSWER ✔✔Regional strategy that groups countries into clusters
1
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
,Free Trade Area - 🧠 ANSWER ✔✔created by removing tariffs and quotas
(limiting the amount of imports) among a group of countries
What is the most common way that countries agree to increase trade? - 🧠
ANSWER ✔✔Through negotiating bilateral or multilateral FTAs
When was the World Trade Organization founded? - 🧠 ANSWER ✔✔1995
Gray Markets - 🧠 ANSWER ✔✔products that are sold outside of official
distribution channels and represent a sizable challenge in many markets
The legal system used in the United States is based on .. - 🧠 ANSWER
✔✔common law
T/F : supply chain management has a widely accepted definition that does
not vary substantially between countries. - 🧠 ANSWER ✔✔False
What framework is most useful for companies wanting to build an initial
assessment of the general operating environment in a country? - 🧠
ANSWER ✔✔EPIC
Disruptions - 🧠 ANSWER ✔✔events that interrupt planned product flow
2
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
, examples of events that can result in a supply chain disruption: - 🧠
ANSWER ✔✔natural disasters like floods, supplier bankruptcy, plant fire at
a supplier
What was discussed as examples of disruption impacts? - 🧠 ANSWER
✔✔shortage of critical inputs, delays in product completion, loss in
shareholder value
What was NOt discussed as an example of disruption impacts? - 🧠
ANSWER ✔✔management stress and turnover
A strike has just occurred at a key supplier. Which phase is the firm most
likely dealing with? - 🧠 ANSWER ✔✔pre-due date phase
pre-due date phase - 🧠 ANSWER ✔✔the period of time in which the
disruption has occurred and when the affected product is due at the next
point in the chain
domino phase - 🧠 ANSWER ✔✔where the disruptions shut down processes
and expand their impact
pre-disruption phase - 🧠 ANSWER ✔✔the period of time where there are
signs or signals of disruption that may occur in the future
3
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
Questions with Detailed Verified
Answers (100% Correct Answers) |
Already Graded A+
Why might a company consider expanding its supply chain internationally?
- 🧠 ANSWER ✔✔- 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
What is the biggest cause of difficulties in working with another culture? - 🧠
ANSWER ✔✔Different ways of making decisions and approaching
business.
Which supply chain strategy is most popular with companies today? - 🧠
ANSWER ✔✔Regional strategy that groups countries into clusters
1
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
,Free Trade Area - 🧠 ANSWER ✔✔created by removing tariffs and quotas
(limiting the amount of imports) among a group of countries
What is the most common way that countries agree to increase trade? - 🧠
ANSWER ✔✔Through negotiating bilateral or multilateral FTAs
When was the World Trade Organization founded? - 🧠 ANSWER ✔✔1995
Gray Markets - 🧠 ANSWER ✔✔products that are sold outside of official
distribution channels and represent a sizable challenge in many markets
The legal system used in the United States is based on .. - 🧠 ANSWER
✔✔common law
T/F : supply chain management has a widely accepted definition that does
not vary substantially between countries. - 🧠 ANSWER ✔✔False
What framework is most useful for companies wanting to build an initial
assessment of the general operating environment in a country? - 🧠
ANSWER ✔✔EPIC
Disruptions - 🧠 ANSWER ✔✔events that interrupt planned product flow
2
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
, examples of events that can result in a supply chain disruption: - 🧠
ANSWER ✔✔natural disasters like floods, supplier bankruptcy, plant fire at
a supplier
What was discussed as examples of disruption impacts? - 🧠 ANSWER
✔✔shortage of critical inputs, delays in product completion, loss in
shareholder value
What was NOt discussed as an example of disruption impacts? - 🧠
ANSWER ✔✔management stress and turnover
A strike has just occurred at a key supplier. Which phase is the firm most
likely dealing with? - 🧠 ANSWER ✔✔pre-due date phase
pre-due date phase - 🧠 ANSWER ✔✔the period of time in which the
disruption has occurred and when the affected product is due at the next
point in the chain
domino phase - 🧠 ANSWER ✔✔where the disruptions shut down processes
and expand their impact
pre-disruption phase - 🧠 ANSWER ✔✔the period of time where there are
signs or signals of disruption that may occur in the future
3
COPYRIGHT©SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED.
