Which of the Following Are Considered to Be Exporter Strategies

question 24

Multiple Choice

Which of the following are considered to be exporter strategies when the domestic currency is weak?

• A)conduct conventional cash-for-goods trade.
• B)engage in nonprice competition by improving quality, delivery, and after sale service.
• C)improve productivity and engage in vigorous cost reduction.
• D)shift sourcing and manufacturing overseas.
• E)give priority to exports to relatively strong-currency countries.

Grasp the principles of tapering rates, blanket rates, and commercial zones and their implications.

Understand how tapering rates affect transportation costs and location decisions.

Identify the bases of optimization models in logistics.

Evaluate the implications of various order fulfillment models for logistical management.

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Definitions:

Predetermined Overhead Rate

An estimated rate used to assign overhead costs to products or job orders, based on a pre-established formula or basis.

Fixed Manufacturing Overhead

Regular, static expenses associated with operating a manufacturing facility, such as rent, utilities, and salaries, that do not vary with the level of production.

Direct Labor-hours

Direct labor-hours are the total hours worked by employees directly involved in the manufacturing process, used as a measure for allocating labor costs to products.

Predetermined Overhead Rate

The rate estimated at the beginning of a period to allocate overhead to products or job orders, calculated based on expected overhead costs and an allocation base.