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Global Sourcing And Supply(Pscm 032) Question Paper

Global Sourcing And Supply(Pscm 032)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO
Question One
Explain the Motives for global sourcing.
(10 Marks)
Explain THREE advantages of incoterms
(6 Marks)
(c) Describe the factor that contribute to successful global sourcing. (8 Marks)
(d) Outline the factors that should be considered when choosing the method of payment in international buying. (6 Marks)

Question Two
Discuss the challenges facing global sourcing and supply. (20 Marks)

Question Three
Explain the risks of counter trade.
(8 Marks)
Discuss the various ways of minimizing freight costs
(12 Marks)

Question Four
Explain the benefits of international sourcing.
(10 Marks)
Explain the sources of information regarding global suppliers.
(10 Marks)

Question Five
Discuss how organizations can use global sourcing to gain competitive advantage. (20 Marks)

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