Supply Chain Chapter 10 Questions

The release of technology (or the source code for technology) which is subject to Export Administration Regulations, to a foreign national (i.e., non-US citizen) located within the United States, is known as?

Deemed Export

Global location decisions involve all of the following EXCEPT

Determining how the facility will operate

A Deemed Export is the release of technology or source code that is subject to the Export Administration Regulations, to a US citizen located in the United States

FALSE

Material that is imported through the use of a Foreign Trade Zone (FTZ) must be removed from the FTZ within 1 year to avoid fines or sanctions being imposed by US Customs and Border Protection on the Importer of Record

False

Two models that utilize quantitative data, to help determine the attractiveness of one location versus another, are the Break-Even Model and the Extrapolated Average Cost Model

False

Which one of the following is NOT a Global Location Decision Factor

Franchising

Which of the following is NOT one of the twelve pillars of competitiveness?

Regional Trade Agreements

Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing

TRUE

Tariffs or duties are taxes imposed by government on imported goods

True

The US Department of Homeland Security is responsible for preventing the entry of terrorist and the instruments of terrorism, and ensuring the efficient flow of lawful traffic and commerce

True