Question 1

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

Accepted Answer

A number of factors came into play inclu

Question 2

Reverse logistics systems are developed for:

Accepted Answer

A)  Returning unacceptable products 
B)  Returning rail box cars 
C)  Eliminating empty back hauls 
D)  Receiving payment from customers 
A)  Returning unacceptable products 
B)  Returning rail box cars 
C)  Eliminating empty back hauls 
D)  Receiving payment from customers

Question 3

Another name for the Extended Enterprise perspective of the Supply Chain is:

Accepted Answer

A)  Boundary Spanning 
B)  Slow and Low 
C)  Flat Earth 
D)  Absolute Advantage 
A)  Boundary Spanning 
B)  Slow and Low 
C)  Flat Earth 
D)  Absolute Advantage

Question 4

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

Question 5

Cash flow is important to organizations producing products for sale because it:

Accepted Answer

A)  Reduces the need for working capital 
B)  Eliminates the need for checks to pay vendors 
C)  Provides bonus money for employees 
D)  None of these are correct 
A)  Reduces the need for working capital 
B)  Eliminates the need for checks to pay vendors 
C)  Provides bonus money for employees 
D)  None of these are correct

Question 6

Adam Smith wrote a book entitled:

Accepted Answer

A)  The China Syndrome 
B)  Total Cost of Transport 
C)  The Logistician's Guide 
D)  Wealth of Nations 
A)  The China Syndrome 
B)  Total Cost of Transport 
C)  The Logistician's Guide 
D)  Wealth of Nations

Question 7

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 8

What is a megacity?

Accepted Answer

A relatively new ter

Question 9

Forward information in the supply chain is utilized to provide:

Accepted Answer

A)  Advanced shipment notices 
B)  Order status 
C)  Inventory availability 
D)  All of these are correct 
A)  Advanced shipment notices 
B)  Order status 
C)  Inventory availability 
D)  All of these are correct

Question 10

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 these are correct 
A)  Greater acceptance of foreign produced manufactured products. 
B)  Elimination of trade agreements 
C)  Higher tariffs 
D)  All of these are correct

Question 11

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

Question 12

Advantages to globalization include:

Accepted Answer

A)  Lower prices 
B)  Wider availability of goods and services 
C)  New employment opportunities 
D)  All of these are correct. 
A)  Lower prices 
B)  Wider availability of goods and services 
C)  New employment opportunities 
D)  All of these are correct.

Question 13

Describe the three phases of development for supply chain concept.

Accepted Answer

The three phases are: physical distribut

Question 14

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 these are correct 
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 these are correct

Question 15

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 16

Which of the following countries are in the BRIC?

Accepted Answer

A)  China, Bulgaria, Romania, and Indonesia 
B)  Brazil, Russia, India, and China 
C)  Mexico, Honduras, Panama, and El Salvador 
D)  Britain, Canada, Italy, and Russia 
A)  China, Bulgaria, Romania, and Indonesia 
B)  Brazil, Russia, India, and China 
C)  Mexico, Honduras, Panama, and El Salvador 
D)  Britain, Canada, Italy, and Russia

Question 17

Differentiate between absolute and comparative advantage.

Accepted Answer

While both concepts provide a rationale

Question 18

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

Accepted Answer

Information technology has been a major

Question 19

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

Accepted Answer

It made information available

Question 20

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

Accepted Answer

The term megacity is relatively new and

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

Reverse logistics systems are developed for:

Another name for the Extended Enterprise perspective of the Supply Chain is:

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

Cash flow is important to organizations producing products for sale because it:

Adam Smith wrote a book entitled:

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

What is a megacity?

Forward information in the supply chain is utilized to provide:

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

On the micro level, global interdependence has:

Advantages to globalization include:

Describe the three phases of development for supply chain concept.

Transportation has been described as:

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

Which of the following countries are in the BRIC?

Differentiate between absolute and comparative advantage.

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

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters

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

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

Reverse logistics systems are developed for:

Another name for the Extended Enterprise perspective of the Supply Chain is:

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

Cash flow is important to organizations producing products for sale because it:

Adam Smith wrote a book entitled:

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

What is a megacity?

Forward information in the supply chain is utilized to provide:

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

On the micro level, global interdependence has:

Advantages to globalization include:

Describe the three phases of development for supply chain concept.

Transportation has been described as:

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

Which of the following countries are in the BRIC?

Differentiate between absolute and comparative advantage.

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

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters