Question 1

When did the supply chain management concept capture the attention of senior level executives in many organizations:

Accepted Answer

A)  1960's 
B)  1980's 
C)  1990's 
D)  2000's 
A)  1960's 
B)  1980's 
C)  1990's 
D)  2000's B

Question 2

Differentiate between absolute and comparative advantage.

Accepted Answer

While both concepts provide a rationale for trade between regions or countries,there is a difference.Absolute advantage postulates the trade is beneficial when the two regions or countries each have an advantage in producing one of two products in terms of cost.Absolute advantage recommends that they each produce the one product where they have the advantage and then trade which will be mutually beneficial.Whereas comparative advantage postulates that even if one country or region has a low cost advantage for both products,trade can be beneficial if the low cost country has a comparative advantage in one of the products

Question 3

Which of the following countries have the largest export trade flows:

Accepted Answer

A)  China 
B)  U.S. 
C)  Germany 
D)  Japan 
A)  China 
B)  U.S. 
C)  Germany 
D)  Japan A

Question 4

What impact has robotics had on supply chains?

Accepted Answer

The skills of humans combined with the p

Question 5

One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:

Accepted Answer

A)  Information 
B)  Outsourcing 
C)  TOFC service 
D)  Transportation 
A)  Information 
B)  Outsourcing 
C)  TOFC service 
D)  Transportation

Question 6

Which of the following is consistent with a green supply chain strategy?

Accepted Answer

A)  Reduce packaging materials 
B)  Ship small loads, more frequently 
C)  Use motor carriers instead of railroads 
D)  Shift to a group of suppliers located at a more distant location 
A)  Reduce packaging materials 
B)  Ship small loads, more frequently 
C)  Use motor carriers instead of railroads 
D)  Shift to a group of suppliers located at a more distant location

Question 7

What is a megacity?

Accepted Answer

A relatively new ter

Question 8

Describe "3D" printing.

Accepted Answer

Also called additive manufactu

Question 9

There was spectacular growth in global trends after 1990.Why?

Accepted Answer

A)  Greater acceptance of foreign produced manufactured products. 
B)  Elimination of trade agreements 
C)  Higher tariffs 
D)  All of the above 
A)  Greater acceptance of foreign produced manufactured products. 
B)  Elimination of trade agreements 
C)  Higher tariffs 
D)  All of the above

Question 10

The top 30 countries account for about what percentage of the world's exports:

Accepted Answer

A)  25% 
B)  50% 
C)  80% 
D)  90% 
A)  25% 
B)  50% 
C)  80% 
D)  90%

Question 11

What factors have accounted for growth in the volume of global trade?

Accepted Answer

A number of factors came into play inclu

Question 12

What is a megacity and why are they important for the future?

Accepted Answer

The term megacity is relatively new and

Question 13

Why was information technology so impactful for businesses and other organizations?

Accepted Answer

Information technology has been a major

Question 14

Why was the development of the internet such an important external change agent?

Accepted Answer

It made information available

Question 15

What other demographics in addition to the size of a country's population are important for economic growth?

Accepted Answer

In addition to size,education levels and

Question 16

What area of the world will have the largest number of megacities by 2015?

Accepted Answer

A)  United States 
B)  South America 
C)  Africa 
D)  Asia 
A)  United States 
B)  South America 
C)  Africa 
D)  Asia

Question 17

Transportation has been described as:

Accepted Answer

A)  The glue that holds the supply chain together 
B)  The enabler of the underlying tactics and strategies for supply chains 
C)  An enabler for firms to compete in the growing and complex market place 
D)  All of the above 
A)  The glue that holds the supply chain together 
B)  The enabler of the underlying tactics and strategies for supply chains 
C)  An enabler for firms to compete in the growing and complex market place 
D)  All of the above

Question 18

Which of the following countries had the largest population in 2014?

Accepted Answer

A)  U.S. 
B)  China 
C)  India 
D)  Indonesia 
A)  U.S. 
B)  China 
C)  India 
D)  Indonesia

Question 19

Which one of the following is not one of the major flows in a supply chain?

Accepted Answer

A)  Information 
B)  Water 
C)  Financials/ cash 
D)  Products 
A)  Information 
B)  Water 
C)  Financials/ cash 
D)  Products

Question 20

On the micro level,global interdependence has:

Accepted Answer

A)  Increased competition 
B)  Decreased the level of complexity 
C)  Reduced outsourcing 
D)  Increased product lifecycles 
A)  Increased competition 
B)  Decreased the level of complexity 
C)  Reduced outsourcing 
D)  Increased product lifecycles

When did the supply chain management concept capture the attention of senior level executives in many organizations:

Differentiate between absolute and comparative advantage.

Which of the following countries have the largest export trade flows:

What impact has robotics had on supply chains?

One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:

Which of the following is consistent with a green supply chain strategy?

What is a megacity?

Describe "3D" printing.

There was spectacular growth in global trends after 1990.Why?

The top 30 countries account for about what percentage of the world's exports:

What factors have accounted for growth in the volume of global trade?

What is a megacity and why are they important for the future?

Why was information technology so impactful for businesses and other organizations?

Why was the development of the internet such an important external change agent?

What other demographics in addition to the size of a country's population are important for economic growth?

What area of the world will have the largest number of megacities by 2015?

Transportation has been described as:

Which of the following countries had the largest population in 2014?

Which one of the following is not one of the major flows in a supply chain?

On the micro level,global interdependence has:

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

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Exam 1: Global Supply Chains: The Role and Importance of Transportation

When did the supply chain management concept capture the attention of senior level executives in many organizations:

Differentiate between absolute and comparative advantage.

Which of the following countries have the largest export trade flows:

What impact has robotics had on supply chains?

One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:

Which of the following is consistent with a green supply chain strategy?

What is a megacity?

Describe "3D" printing.

There was spectacular growth in global trends after 1990.Why?

The top 30 countries account for about what percentage of the world's exports:

What factors have accounted for growth in the volume of global trade?

What is a megacity and why are they important for the future?

Why was information technology so impactful for businesses and other organizations?

Why was the development of the internet such an important external change agent?

What other demographics in addition to the size of a country's population are important for economic growth?

What area of the world will have the largest number of megacities by 2015?

Transportation has been described as:

Which of the following countries had the largest population in 2014?

Which one of the following is not one of the major flows in a supply chain?

On the micro level,global interdependence has:

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters