ok done so u can seperate it

Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) All of the following statements about licensing are correct except for 1). A) Distribution strategy is usually part of any preliminary discussion with the foreign partner. B) Domestic firms receive royalty payments without committing their own money and time to producing the products or services. C) Licensing is an agreement that allows a firm in one country (the licensee) to use the proprietary assets of another company located in another country (the licenser). D) The specific supply chain functions are carried out by the licenser using the established distribution systems of the foreign market. E) Licensing allows the domestic firm more control than exporting over how the product is distributed in the foreign market. 2) There are many documents used in importing and exporting. Which of the following documents is issued by the exporter or freight forwarder on the exporter's behalf and is required by law for any commodity with a value over a specified limit or any shipment requiring a validated export license? 2) A) Validated export license. B) Shipper's export declaration. C) Commercial invoice. D) Inspection certificate. E) Ocean bill of lading. 3) This document serves as a contract of carriage between the carrier and shipper, spelling out legal responsibilities and liability limits for all parties to the shipment; it also can be used to transfer title to the goods to a party named in the document. 3) A) Shipper's export declaration. B) Validated export license. C) Certificate of origin. D) Ocean bill of lading. E) Commercial invoice. voice. 4) This agreement is usually three to five years in length, typically require a higher level of interaction between trading partners, and pays the supplier using transaction-based pricing triggers. 4) A) Performance based agreement B) Vested outsourcing agreement C) Approved provider D) Preferred provider 5) This relationship typically occurs when a buyer identifies a supplier that offers a unique differentiation from other suppliers and provides a cost, efficiency or other competitive advantage for the client company. 5) A) Vested outsourcing agreement B) Approved provider C) Preferred provider D) Performance based agreement 6) Which of the following is NOT one of the C's of business relationships? 6). A) Connections B) Contracts c) Contacts D) Collaboration 7) A(n). relationship typically occurs when a buyer identified a supplier that offers a unique differentiation from other suppliers and provides a cost, efficiency or other competitive advantage for the client company. 7). A) Simple transaction based B) Preferred provider c) Vested D) Approved provider 8) Which of the following is NOT one of the elements of a good relationship management governance framework? 8). A) Establish communication protocols B) Develop a communications cadence C) Establish continuity of resources D) Establish exit strategy - TAILI- LEA..... r. c) Establish continuity of resources D) Establish exit strategy 9) Which of the following is a prerequisite to supply chain success? 9). A) Collaboration B) Trust c) Time D) A well written contract 10) Which of the following types of relationships are buyers most likely to use a Master Services Agreement with to do repeat business more efficiently? 10). A) Preferred provider B) Simple transaction based c) Approved provider D) All of these relationships are likely to use a Master Services Agreement 12) The most important ongoing issue facing procurement executives in domestic and/or global sourcing would be: 12) A) Actions of competitors. B) Terrorism. c) Contingency planning. D) Major climatic events. E) Cost reduction. 13) Which of the following statements regarding the increasing importance of purchasing and procurement is FALSE? 13) A) It will become easier to manage complexities effectively in markets that are becoming more global. B) Providing transaction transparency and coordination are possible, but implementation remains elusive c) Digital technology growth is impacting every aspect of supply chain management D) Complying with country-specific regulations and rules remains a challenge for most firms. E) Emergence of a global economy requires that organizations locate potential suppliers around the world or close to home. 14) 14) The first step that organizations would take in vendor selection would be: A) Request for proposal (RFP). B) Analysis of the business requirements. c) Proposal evaluation. D) Vendor search. E) Contract negotiation. 15). 15) Which of the following would not be an example of a best practice metric in supplier or vendor collaboration? A) Onsite supplier representatives are fully integrated into supply chain activities. B) A performance management program has been developed with input from the suppliers. c) The supplier financial condition is monitored on a regular basis as a specific duty of procurement. D) Supplier ratings are extended to include suppliers' collaborative ability and the dollar value or competitive advantage delivered by jointly executed improvement plans. E) There is partnering with internal and external suppliers to increase replenishment speed and efficiency. 16) Which of the following is typically not a basic metric employed by purchasing and procurement organizations? 16). A) Procurement cost avoidance. B) Spend under management C) Reverse logistics disposition costs. D) Procurement ROI. E) Procurement cost savings. 17) In procurement, "spend under management" is defined as: 17) A) Amount of cost avoidance. B) A macro-measure of the total cost of procurement C) Greater efficiencies in the various aspects of purchasing and procurement. D) Total amount of spend that is influenced by procurement E) Engaging in forward buying in order to obtain items at a lower cost. 18) There are numerous advantages when firms utilize fewer suppliers. Which of the following items would not be one of those advantages? 18). A) Service level improvements. B) Symbiotic relationships with just a few suppliers. c) Less regulatory oversight by governmental authorities. D) Economies of scale. E) Lower rates because of higher volumes. 19) In an examination of the technologies employed in procurement, Deloitte Development LLC identified a number of mature and emerging technologies. Which of the following would be considered a mature technology 19) A) Blockchain. B) Crowdsourcing c) Virtual reality D) Spatial analytics. E) Cyber tracking 20) Which of the following activities would be typically performed by a purchasing executive? 20) A) Receiving inbound materials B) Traffic c) Actual buying of materials D) Reverse logistics E) Warehousing 21) Which of the following would be the most important reason that a firm would implement a sustainable supply chain strategy? 21). A) To improve customer relations inasmuch as many final customers have become "green conscious." B) To replace disposables with reusables or recyclables. c) To minimize environmental impacts from the firm's entire product line. D) To achieve corporate responsibility and/or product stewardship goals and objectives. E) To achieve government compliance relative to environmental regulations. Please match right Incoterms for the questions 22-26 of the listed Incotermse rules, which would best suit the following situations and preferences? More than one term may apply. A) EXW B) FAS C)FCA D) CFR E) DAP 22. A seller is shipping Soybeans from Port Rosario, Argentina to China and only wants to be responsible for taking the goods as far as the port of departure 23. An inexperienced exporter in France is shipping vaccines from France to Ghana and doesn't want to have to deal with export clearance procedures 24 A Canadian lain 24.. A Canadian logging company is shipping dimensional lumber from British Columbia, Canada to Washington State, U.S. The company wants to truck the goods to the customer's location but does not want to be responsible for import clearance or unloading at the customer's facility 25. A Korean manufacturer is selling household electrical appliances that will be shipped from South Korea to U.S. The buyer wants to pick up the goods at the manufacturer's facility but wants the Korean company to look after export clearances. 26. An oil company in Kuwait is going to send petroleum crude from Kuwait to a customer in India. The importer wants the exporter to deliver the crude to a port in India but prefers to purchase the cargo insurance in India. 27. What are the responsibilities for being the Importer of Record? a. Paying for customs fees of exporting country b. Providing proof of citizenship of importing country c. Reporting valuation of shipments accurately d. Sponsoring trade in developing countries. 28. What differentiates a to order bill of lading from a waybill? a. A to order bill of lading is cash on delivery. b. A to order bill of lading is negotiable. c. A waybill is issued by freight forwarders. d. A waybill is for freight pre-paid shipments. 29.. A manufacturer's delivery truck delivers three container loads of goods to the carrier's warehouse at the dock for shipping. The ship has not arrived yet. The carrier's agent inspects the load and finds four pallets whose load has been crushed on one side. What should the carrier's agent send to the shipper? a. A stale bill of lading b. A clean bill of lading C. A soiled bill of lading d. An on deck bill of lading 30. A Russian wheat exporter is shipping bulk wheat to Egypt via freighter. What is the most commonly used Incoterme for this type of shipment? a. CFR b. CIF C. FAS d. FOB