1. Which of the following principles is included in the United Nations (UN) Global Compact?
A) Trading blocs B) Anti-corruption C) Risk management D) Accounting standards
2. Which of the following types of risk typically would be most difficult to plan for and mitigate?
A) Currency fluctuation B) Forecast error C) Geopolitical D) Supplier performance
3. Due diligence for conflict- or high-risk-materials should include which of the following processes:
A) a method to track the country of origin of materials when they leave the country. B) a system of controls and transparency regarding the traceability of materials through the supply chain. C) certification primarily by companies that are selling directly to consumers about the firm×?â?¬â?¢s tier one suppliers. D) ability to provide documentation of the source materials when they are imported into United Nations countries.
4. The Delphi forecasting method offers which of the following advantages?
A) It is based on widely used statistical formulas. B) It compensates for the individual biases of the participants. C) It assigns more weight to the demand from key customers. D) It reduces the risk that a few individuals will dominate the process.
5. Which of the following product records is internationally recognized for providing detailed categorization and descriptions?
A) Stock keeping unit (SKU) B) Electronic product code (EPC) C) Harmonized system classification code D) Universal product code (UPC)
1. Right Answer: B Explanation: Reference:https://www.unglobalcompact.org/what-is-gc/mission/principles
2. Right Answer: C Explanation:
3. Right Answer: B Explanation:
4. Right Answer: D Explanation: Reference:https://s4be.cochrane.org/blog/2017/11/15/the-delphi-technique/
5. Right Answer: C Explanation: Reference:http://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/activities-and-programmes/30-years-hs/hs-compendium.pdf?la=en
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