Summers,Inc

question 16

Multiple Choice

Summers,Inc.needs to generate a list of good/services purchased per supplier.Which type software program can the manager consult to obtain the information?

• A)ISO 9000
• B)ISO 14000
• C)SRM
• D)SCSS

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Definitions:

Import Quotas

Limits set by a government on the amount or value of goods that can be imported into a country, usually meant to protect domestic industries.

Trade Restrictions

Measures imposed by governments to control the exchange of goods and services across borders, often to protect domestic industries.

U.S. Consumers

Individuals or groups within the United States who purchase goods and services for personal use.

Import Quota

An Import Quota is a government-imposed limit on the quantity or monetary value of a specific good that can be imported into a country within a specified time frame.