There Are Five Strategic Levels for Global Purchasing That Can

question 46

Multiple Choice

There are five strategic levels for global purchasing that can be undertaken by a global company. At which level do companies engage in international purchasing activities as part of the firm's overall supply chain management strategy?

• A) Level I
• B) Level II
• C) Level III
• D) Level IV

---

Definitions:

Retail Chain

A network of stores operated by the same company, offering similar or related products or services to consumers.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows or investments.

Cash Flows

The movement of money into and out of a company from operational, investment, and financing activities.

Shares Outstanding

The total number of shares of a corporation that are in the hands of the public, including shares held by institutional investors.