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NEW QUESTION 34 What are the five stages in Tuckman's team Development model? Answer: ** Explanation: Tuckman's team development model depicts from where a team is formed to the various stages they might experience before the end where the objective is achieved and these includes. 1) Forming: here they are just being put together 2) Storming: conflict and competition begin to arise 3) Norming: here agreement and consensus is reached as roles and responsibility is clear. 4) Perform: They start carrying out the roles and responsibility 5) Adjourning: Task is complete and they are discharged **NEW QUESTION 35 Describe a current or recent trade war of which you are aware and explain the implication it has for world trade. Answer: ** Explanation: Trade war is an economic conflict where countries make it difficult for global trading to happen. Trade wars can make importing products to a country very expensive. A recent example is the US-China trade war; prices were raised on us-built vehicles exported to China. This affected consumer the most as there was an upshot of price. **NEW QUESTION 36 Which Incoterm applies here? The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination. As soon as the goods are on the vessel, the risk transfers to the buyer
Answer: B NEW QUESTION 37 Explain which factors should be considered when deciding the quantity of a product to order. Answer: ** Explanation: When reviewing supplier's response the procurement professional should consider the right quantity of product or service that has to be ordered at anytime as against the price to decide how to gain the best cost. Factors to consider include the following (1)Cost of inventory (2) cost of insurance (3) cost of transportation. These three should be considered against price. Note: Incoterms are versatile and procurement professionals should understand how they are ap-plied and what point the risk transfers from being the supplier's responsibility to being the buyer's responsibility. It is important to consult the ICC for the most recent definitions, but in the following questions (101-111) you can understand the rules. Note: sharpen your knowledge on INCOTERMS. Please consider the following Objective Re-sponse questions **NEW QUESTION 38 ...... DOWNLOAD the newest Test4Sure L4M8 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1QpRcbPerpXce-IVMXGsHfdFI8j4V1QOR