Reference no: EM132225564
1. It is possible for companies to minimize exchange rate risk through ________.
producing only in one country for the global market
single sourcing
diversifying
production locations
global supplier networks
2. Benefits of a global marketing strategy, as compared to a local marketing strategy, include all of the following EXCEPT ________.
low variability in operations
greater economies of scale
easier to balance supply and demand
the ability to target market segments within countries
uniformity in distribution methods
3. An organization's reputation with regard to sustainability can be influenced by the sustainability reputation of its suppliers.
True
False
4. An organization following a sustainability strategy in its supply chain would prioritize its goals as follows: People, followed by Place, followed by Profit.
True
False
5. The Sustainable Agriculture Initiative (SAI) is a group of 50 organizations who share, at a precompetitive level, knowledge and initiatives to support the development and implementation of sustainable agriculture practices. The SAI can be best classified as a(n) ________ driver of sustainability.
mediation
enforcement
marketing-based
compliance
innovation
6. The sharing of point of sale data by retailers can reduce the need for a manufacturer to carry inventory.
True
False
7. New Balance Athletic Shoe Inc. is currently fighting against a Free Trade Agreement, arguing that the agreement will force the company to reduce employment in its US factories.
True
False