Asked by lizzy rybarczyk on May 12, 2024
Verified
When purchasing from offshore suppliers,buyers might expect delays resulting from:
A) transportation in the supplier's country.
B) domestic customs clearance.
C) the time the goods are in port.
D) transportation in the supplier's country and domestic customs clearance.
E) transportation in the supplier's country,domestic customs clearance and the time the goods are in port.
Customs Clearance
The process of obtaining permission to import or export goods from one country to another, including the payment of duties and taxes.
Supplier's Country
The nation in which a supplier or producer of goods or services is located or operates from.
Port
A location on a coast or shore containing harbors where ships can dock and transfer people or cargo to or from land.
- Distinguish the obstacles and supplementary considerations essential for foreign sourcing in contrast with domestic sourcing.
- Investigate the implications of shipping, customs policies, and exchange rate shifts on international sourcing decisions.
Verified Answer
AK
Andrew KallahMay 13, 2024
Final Answer :
E
Explanation :
When purchasing from offshore suppliers, buyers might expect delays resulting from transportation in the supplier's country, domestic customs clearance and the time the goods are in port. These delays can often cause unforeseen issues with delivery timelines and require extra planning and communication with suppliers.
Learning Objectives
- Distinguish the obstacles and supplementary considerations essential for foreign sourcing in contrast with domestic sourcing.
- Investigate the implications of shipping, customs policies, and exchange rate shifts on international sourcing decisions.