When Dealing with an International Supplier, a Knowledgeable Buyer

question 12

Multiple Choice

When dealing with an international supplier, a knowledgeable buyer:

• A) normally will attempt to negotiate a cost-plus-incentive-fee contract.
• B) will attempt to price in Euro Dollars.
• C) will normally price in the currency of the seller's country.
• D) will always state the price in U.S. dollars.
• E) may decide to deal in international currency options.

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Definitions:

Communication Style

The manner in which an individual expresses or conveys information to others, which can vary based on culture, personality, and context.

Social Media

Platforms and technologies that enable users to create, share content, or participate in social networking, such as Facebook, Instagram, and Twitter.

Communication Technology

The use of tools and platforms to facilitate communication and information exchange across distances, including the internet, email, and telecommunications.

Culture

The ideas, customs, social behavior, and artifacts of a particular society, group, place, or time.