Exam 15: Global Logistics and Distribution

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All of the following are important factors in determining an optimal mode of transportation to be used in foreign markets except:

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When Peter Drucker described logistics as "the darkest continent of business" he probably meant it is was _____.

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Many U.S.companies have started outsourcing an increasing portion of software development to companies in China.

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An agent intermediary takes title to goods.

(True/False)
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In the US, the Jones Act requires passengers and merchandise being transported by ship within the United States to travel on U.S.-built, U.S.-owned and U.S.-staffed vessels.

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Explain what the terms global logistics, materials management, and physical distribution mean.Describe the various operations and procedures encompassed by these terms.

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On-time retail information management carries two distinct advantages which are:

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Explain the role of the free trade zone in modern trade.Explain the free trade zone's relationship and benefit to global logistics.

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Honda, a Japanese automobile manufacturer, owns a number of highly successful specialty tofu restaurants in Tokyo frequented by young trendsetters in Japan.

(True/False)
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Typical B2B procurement systems rely on _____ that emphasize the lowest bids on a global basis.

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Only about 50 percent of Fortune 500 companies operating in the United States now seek assistance from one or more 3PLs.

(True/False)
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In the mid-1990s, the U.S.dollar depreciated while the Japanese yen soared in value.Honda found that it was much cheaper to ship its Accord models to Europe from its Ohio plant than from Japan.This could most accurately be classed as a move made because of problems or opportunities with:

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Distribution channels that use intermediaries, agents, or merchants positioned between the manufacturer and customers in a distribution channel, can often have several levels and employ several intermediaries, each with its own specific purpose within the distribution channel.

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Most e-businesses sip overseas.

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Another profound change in the last decade is the proliferation of _____.

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_____ refers to the movement of the firm's finished products to its customers, consisting of transportation, warehousing, inventory, customer service/order entry, and administration.

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Industrialized countries tend to have a lower distribution outlet density than the _____.

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A merchant intermediary does not take title to goods.

(True/False)
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What and how much a firm transfers within its global manufacturing system is a function of the tax systems in various countries to and from which the transfers are being made.

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