Question 1

In the US, the shipping company UPS repairs computers for Toshiba.

Accepted Answer

A) True 
 B)False

Question 2

Inventory is immune to currency fluctuation.

Accepted Answer

A) True 
 B)False

Question 3

Covisint is probably the largest global online _____ procurement system dedicated to the auto industry.

Accepted Answer

A) C2B 
B) B2B 
C) B2G 
D) C2C 
E) B2C 
A) C2B 
B) B2B 
C) B2G 
D) C2C 
E) B2C

Question 4

If a product were to be categorized as being heavy, bulky, and nonperishable, probably the best form of global shipping would be:

Accepted Answer

A) ocean shipping 
B) air freight 
C) truck 
D) rail 
E) barge 
A) ocean shipping 
B) air freight 
C) truck 
D) rail 
E) barge

Question 5

_____ is the fastest growing internet market in Asia.

Accepted Answer

A) China 
B) India 
C) Indonesia 
D) Hong Kong 
E) South Korea 
A) China 
B) India 
C) Indonesia 
D) Hong Kong 
E) South Korea

Question 6

Until recently, the Large Scale Retail Store Law in _____ helped to protect small retail stores.

Accepted Answer

A) Singapore 
B) Pakistan 
C) Indonesia 
D) Japan 
E) South Korea 
A) Singapore 
B) Pakistan 
C) Indonesia 
D) Japan 
E) South Korea

Question 7

In which parts of the world are private labels popular? Why? What factors might explain this?

Accepted Answer

Private labels are doing better in Europ

Question 8

Import quotas apply to goods stored in a free trade zone.

Accepted Answer

A) True 
 B)False

Question 9

Coca-Cola Enterprises is a whole owned subsidiary of the Coca-Cola Company.

Accepted Answer

A) True 
 B)False

Question 10

In 2018, China was the leading exporter of commercial services.

Accepted Answer

A) True 
 B)False

Question 11

In the United States, a free trade zone is officially called a _____.

Accepted Answer

A) Maquiladora operation 
B) border zone 
C) red zone district 
D) Foreign Trade Zone 
E) Channel Zone 
A) Maquiladora operation 
B) border zone 
C) red zone district 
D) Foreign Trade Zone 
E) Channel Zone

Question 12

Multinational corporations can use _____ as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Accepted Answer

A) buying power 
B) just-in-time management 
C) just-in-time delivery 
D) purchasing management 
E) inventory 
A) buying power 
B) just-in-time management 
C) just-in-time delivery 
D) purchasing management 
E) inventory

Question 13

Coverage refers to the market segments or geographic area a firm's products are represented in.

Accepted Answer

A) True 
 B)False

Question 14

Duty deferral and elimination, lower tariff rates, exchange rate hedging, and a "Made in U.S.A." designation are all benefits of using a _____.

Accepted Answer

A) Maquiladora operation 
B) border zone 
C) red zone district 
D) Foreign Trade Zone 
E) Channel Zone 
A) Maquiladora operation 
B) border zone 
C) red zone district 
D) Foreign Trade Zone 
E) Channel Zone

Question 15

Materials management does not include the inflow of raw material, parts, and supplies through the firm.

Accepted Answer

A) True 
 B)False

Question 16

_____ is defined as the design and management of a system that directs and controls the flows of materials into, through and out of the firm across national boundaries to achieve its corporate objectives at a minimum total cost.

Accepted Answer

A) Global goods flow 
B) Global distribution 
C) Global logistics 
D) Global wholesaling 
E) Global shipping 
A) Global goods flow 
B) Global distribution 
C) Global logistics 
D) Global wholesaling 
E) Global shipping

Question 17

When Heinz sells its soup products to grocery store chains and allows them to put their own store names on the product, the product is being sold as a:

Accepted Answer

A) domestic brand. 
B) national brand. 
C) manufacturers brand. 
D) store brand or private label. 
E) service label. 
A) domestic brand. 
B) national brand. 
C) manufacturers brand. 
D) store brand or private label. 
E) service label.

Question 18

Multinational corporations can use just-in-time delivery as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Accepted Answer

A) True 
 B)False

Question 19

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

Accepted Answer

A) True 
 B)False

Question 20

In global logistics and distribution, 3PL stands for _____.

Accepted Answer

third-part

In the US, the shipping company UPS repairs computers for Toshiba.

Inventory is immune to currency fluctuation.

Covisint is probably the largest global online _____ procurement system dedicated to the auto industry.

If a product were to be categorized as being heavy, bulky, and nonperishable, probably the best form of global shipping would be:

_____ is the fastest growing internet market in Asia.

Until recently, the Large Scale Retail Store Law in _____ helped to protect small retail stores.

In which parts of the world are private labels popular? Why? What factors might explain this?

Import quotas apply to goods stored in a free trade zone.

Coca-Cola Enterprises is a whole owned subsidiary of the Coca-Cola Company.

In 2018, China was the leading exporter of commercial services.

In the United States, a free trade zone is officially called a _____.

Multinational corporations can use _____ as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Coverage refers to the market segments or geographic area a firm's products are represented in.

Duty deferral and elimination, lower tariff rates, exchange rate hedging, and a "Made in U.S.A." designation are all benefits of using a _____.

Materials management does not include the inflow of raw material, parts, and supplies through the firm.

_____ is defined as the design and management of a system that directs and controls the flows of materials into, through and out of the firm across national boundaries to achieve its corporate objectives at a minimum total cost.

When Heinz sells its soup products to grocery store chains and allows them to put their own store names on the product, the product is being sold as a:

Multinational corporations can use just-in-time delivery as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

In global logistics and distribution, 3PL stands for _____.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters

Exam 15: Global Logistics and Distribution

In the US, the shipping company UPS repairs computers for Toshiba.

Inventory is immune to currency fluctuation.

Covisint is probably the largest global online _____ procurement system dedicated to the auto industry.

If a product were to be categorized as being heavy, bulky, and nonperishable, probably the best form of global shipping would be:

_____ is the fastest growing internet market in Asia.

Until recently, the Large Scale Retail Store Law in _____ helped to protect small retail stores.

In which parts of the world are private labels popular? Why? What factors might explain this?

Import quotas apply to goods stored in a free trade zone.

Coca-Cola Enterprises is a whole owned subsidiary of the Coca-Cola Company.

In 2018, China was the leading exporter of commercial services.

In the United States, a free trade zone is officially called a _____.

Multinational corporations can use _____ as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Coverage refers to the market segments or geographic area a firm's products are represented in.

Duty deferral and elimination, lower tariff rates, exchange rate hedging, and a "Made in U.S.A." designation are all benefits of using a _____.

Materials management does not include the inflow of raw material, parts, and supplies through the firm.

_____ is defined as the design and management of a system that directs and controls the flows of materials into, through and out of the firm across national boundaries to achieve its corporate objectives at a minimum total cost.

When Heinz sells its soup products to grocery store chains and allows them to put their own store names on the product, the product is being sold as a:

Multinational corporations can use just-in-time delivery as a strategic tool in dealing with currency fluctuations and as a hedge against inflation.

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

In global logistics and distribution, 3PL stands for _____.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters