What Is The IncoTerms Challenge?
The IncoTerms Challenge is a timed quiz that is meant to demonstrate the level of knowledge international business people possess on shipping terms. Upon registering for the quiz, participants have 5 minutes to answer 12 multiple choice questions about IncoTerms. If the participant answers all twelve of the questions correctly, she wins a signed copy of the book “Supply Chain Vector: Methods For Linking The Execution of Global Business Models With Financial Results” (a $54 value). More importantly, you can be confident in knowing that someone in your organization understands IncoTerms. Incorrect answers, conversely, demonstrate that people may need to work a bit more on their IncoTerms skills. Until that happens, incorrect answers are an indication that your organization is leaving money on the table when it comes to negotiating shipping terms. Winners are only allowed to take the Challenge once, while non-winners can play every ninety days.
