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Twice Every Year, a Major Car Parts Manufacturer Brings Together

question 38

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Twice every year, a major car parts manufacturer brings together the production and engineering specialists from its eight divisions to discuss ideas, solutions, and concerns.This helps to minimize the 'silos of knowledge' problem that exists in many organizations.This practice is primarily an example of:


Definitions:

Delivered Duty Paid

An international trade term where the seller is responsible for delivering goods at the buyer's doorstep, clearing customs, and paying all import duties.

Incoterm

A set of predefined commercial terms published by the International Chamber of Commerce relating to international commercial law.

Supplier Responsibilities

Supplier responsibilities involve obligations that vendors must fulfill, including delivering quality goods on time, adhering to contracts, and maintaining ethical practices.

International Purchasing Offices

Offices located in foreign markets that are responsible for identifying, negotiating, and acquiring goods and services for their parent company.

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