TRUE OR FALSE
1. TRUE
In case of a competitive tender procedure, in the request for quotation, the purchase dept. of the institution selects potential suppliers and send them a request for an offer with the characteristics of the required product and deadlines.
2. FALSE
In a free economic zone, companies are taxed lower than in the rest of the country.
3. FALSE
Trading of dual use products is free and is not subjected to any special control, as long as they are produced in a country that is part of European Union (EU) .
4. TRUE
In military bases of foreign countries, extraterritoriality is applied.
TRUE OR FALSE In case of a competitive tender procedure, in the request for quotation, the...
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Case 12-3 Plastic Cable Clips In mid-September Robyn Pemberton, purchasing officer in the laundry division of Fisher & Paykel Limited, lo- cated in Auckland, New Zealand, was wondering which procurement option made most sense for the plastic cable clips requirements for the new line of washing machines. THE LAUNDRY DIVISION Fisher & Paykel Limited was the largest home appliance manufacturer in New Zealand with sales of its major ap- pliances amounting...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...
Case: Enron: Questionable Accounting Leads to CollapseIntroductionOnce upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant “E,” slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm laid off 4,000...