1Jim\'s Golf Equipment of the USA ships full sets of men\'s and women\'s golf cl
ID: 354391 • Letter: 1
Question
1Jim's Golf Equipment of the USA ships full sets of men's and women's golf clubs to Australia and accepts high quality aluminum that is used in making the clubs as payment. This scenario bests illustrates which of the following four Global Supply Chain Operational Considerations?
a.Language differences
b.Unique national accommodations
c.Substantial transactional documentation
d.Countertrade and duty drawback
2.Haffy Bicycles is considering selling their mountain bikes in Europe, but they need to install lithium battery-powered lights on the seat post and handlebar stem per EU standards. This scenario bests illustrates which of the following four Global Supply Chain Operational Considerations?
a.Language differences
b.Unique national accommodations
c.Substantial transactional documentation
d.Countertrade and duty drawback
3.All of the following are reasons for sourcing a product and/or component domestically EXCEPT:
a.Extremely short product life cycle length
b.High level of intellectual property content
c.High degree of transport uncertainty
d.Labor content in producing product is high
4.All of the following are reasons for increased performance cycle time when operating global logistics systems EXCEPT:
a.Communication delays
b.Customer credit
c.Slow transit times
d.Customs clearance
5.Which of the following statements best reflects the rationale of using "facilitating payments" (i.e., bribery, enticement, buying-off, etc.) by logistics management in developing countries?
a.It may be the only way to move product or clear customs
b.There is never a rationale for paying bribes and kick-backs
c.Corporations should pay all countries the same in which they do business,just to be fair to everyone
d.Corporations should never do business in developing countries, even though the returns could be great
Explanation / Answer
Answer to question 1 :
Supply of input( by importer ) which goes into manufacturing of finished item ( by exporter) is a kind of barter trade. Counter trade is another name of barter trade. Also , as per relevant Import-export policy of the exporting nation, the exporter can import this item which goes into production of export goods duty free. This is called Duty Drawback scheme.
Therefore , this is a case of “d. Countertrade and duty drawback”
ANSWER : d ) COUNTERTRADE AND DUTYDRAWBACK
Answer to question 2 :
Here the manufacturer is accommodating SPECIFC requirement of a country ( of import ) in its product design and manufacturing . Therefore , it is a case of “ b. Unique national accommodation”
ANSWER : b ) UNIQUE NATIONAL ACCOMMODATIONS
Answer to question 3 :
When a product is chosen domestically for sourcing , the reasons could be following :
However issue of intellectual property content of a product is not dependent where the product is sourced from domestically or internationally. Therefore “High level of intellectual property content “ is not a reason for sourcing a product / component domestically
ANSWER : b ) HIGH LEVEL OF INTELLECTUAL PROPERTY CONTENT
ANSWER : d ) COUNTERTRADE AND DUTYDRAWBACK
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