Exam 3: Global Supply Chains

The third era of globalization is said to have begun around the year 2000.The significant characteristic of this era is that it is being powered by individuals and smaller organizations rather than global multi-nationals.

Which are the major modes of international transportation?

A demand-driven system is also known as

From a customer service perspective,global markets and strategy have four important characteristics.Name them and select one to discuss.

Ocean transportation offsets slower service with lower rates than other modes.

What are the three phases of globalization? Pick one and discuss.

An importer can store goods in a bonded warehouse for up to three years without paying duty.

There are four modes used for international shipments.Name them,and discuss one mode's role in international logistics.

The global logistics channel intermediary that supervises the movement of goods through customs and ensures that the documentation accompanying a shipment is complete and accurate is

The supply chain should manage three important flows,namely,materials/products,information,and financials.

Globalization is not considered to be one of the external factors driving change in logistics.

A Maquiladora plant is

Which is a major category of ocean shipping?

A Foreign Freight Forwarder is unregulated by the government.

Globalization was initially driven by countries

The terms of a demise charter transfers full control of the chartered vessel to the charterer.

Customs Trade Partnership Against Terrorism (C-TPAT)is a mandatory program in which importers must participate.

Define the difference between an Export Management Company and an Export Trading Company.Explain why a firm would want to use either.