What is international logistics and materials management? What ...

[Cooldude101]

What is international logistics and materials management? What factors differentiate domestic and international materials management?
 
  What will be an ideal response?

Question 2

Why do international HR managers most likely need to adjust hiring, firing, and training methods on a country-by-country basis?
 
  A) ensure compensation equity
  B) comply with international laws
  C) adjust for national and cultural differences
  D) meet requirements of joint venture contracts

Question 3

The ________ records international transactions.
 
  A) balance of payments accounting system
  B) international accounting standards
  C) gold standard procedure
  D) ISO 9000 system

[kaykay69]

Answer to Question 1

International logistics is the management of the flow of materials, parts, supplies, and other resources from suppliers to the firm; the flow of materials, parts, supplies, and other resources within and between units of the firm itself; and the flow of finished products, services, and goods from the firm to customers. The first two sets of activities usually are called materials management, and the third set often is called physical distribution, or, more simply, distribution. There are three basic factors that differentiate domestic and international materials management: the distance involved in shipping, the number of transport modes involved, and the complexity of the regulatory context.

Answer to Question 2

Please could you help me with another one. Thank you

Answer to Question 3

A