PLS ANSWER BELOW QUESTIONS: Question $1(2$ points$)$

A foreign trade zone $($FTZ$)$ in the U$.$ S$.$:

Question $1$ options:

Facilitates rapid calculation of import duties.

Facilitates rapid calculation and payment of import duties.

Creates and maintains jobs in the United States that might have gone offshore.

Is completely different in purpose from a maquiladora in Mexico.

Must use only goods made in the U$.$ S$.$ according to the Buy America Act.

Question $2(2$ points$)$

When comparing the total cost of ownership from an international supplier to that of a domestic supplier, the international supplier's:

Question $2$ options:

Lower labor costs are always eroded by additional shipping and insurance costs.

Price will always be higher if the U$.$S$.$ dollar is strengthening on the exchange rate.

Lower labor costs offset the high cost of equipment.

Lower labor rates must be considered in the context of productivity and quality.

Prices are controlled by the government to prevent dumping.

Question $3(1$ point$)$

The growth in international trade has come from an increase in the international sale of services as well as goods.

Question $3$ options:

True

False

Question $4(2$ points$)$

When a team has decided that a task or function currently performed by company employees is not a core competency, the team will probably recommend:

Question $4$ options:

Insourcing.

Outsourcing.

Continuing to make.

Near sourcing.

Question $5(2$ points$)$

Outsourcing of services is:

Question $5$ options:

Unrealistic because of the difficulty in measuring and evaluating the performance of service providers.

Realistic if the internal users and the buyer can carefully define service requirements and quality expectations.

Declining in popularity because of buyers' dissatisfaction with most third party service providers.

Realistic because of the ease in obtaining high quality services from international suppliers.

Unrealistic because it is almost impossible to define and measure the quality of the service provider.

Question $6(2$ points$)$

Outsourcing:

Question $6$ options:

Is often chosen as a way for the organization to reduce or control operating costs, improve company focus, and gain access to world$-$class capabilities.

Is a low risk venture because the firm can always revert back to performing the function in$-$house at low cost.

Occurs primarily in large manufacturing firms in the private sector, but is rarely practiced in public purchasing.

Usually results in increased hiring to attain expertise that the organization does not already possess.

decisions are based solely on financial factors for most organizations

Question $7(2$ points$)$

Supply managers believe they can add the MOST value to the outsourcing decision by:

Question $7$ options:

Advising the outsourcing team on relevant contractual terms and conditions.

Reviewing the analysis conducted by the outsourcing team.

Providing a comprehensive, competitive process.

Managing the contract once implemented.

Reengineering the technical specifications required in the services that are to be performed.

All of the above.

Question $8(1$ point$)$

Some of the concerns about outsourcing are centered around layoffs, exposure to supplier's risks, and unexpected fees.

Question $8$ options:

True

False

Question $9(1$ point$)$

Some of the reasons an organization may decide to make rather than buy are: greater supply assurance, stringent quality requirements, and very small quantity requirements.

Question $9$ options:

True

False

Question $10(1$ point$)$

Some of the reasons an organization may decide to buy rather than make are: greater supply assurance, stringent quality requirements, and very small quantity requirements.

Question $10$ options:

True

False

Question $11(1$ point$)$

Saved

Outsourcing is prevalent in both the private and public sectors$.$

Question $11$ options:

True

False