Exam 16: Global Logistics and Materials Management

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Changes in exchange rates that can affect the purchase and profitability of the international firm are called:

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Physical distribution is the use of physics in helping marketers determine spoilage rates of perishable products.

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What is the greatest constraint in international ocean shipping?

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Currency variations are changes in exchange rates that can affect the purchases and profitability of the international firm.

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Why is international logistics management growing in importance?

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Why are reverse distribution systems important?

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The period between departure and arrival of the carrier is called:

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Basic differences in international logistics emerge because the corporation is active in more than one country.

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What percentage of the total landed cost of an international order is the logistics' cost?

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Which of the following is true about international shipments?

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The total cost concept is the only logistical concept used by international management.

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The shipper's export declaration:

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Liner service is sending telephone or fax notice of shipments of products coming within 24 hours.

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Which of the following is not one of the major efforts airlines have made to increase the volume of air freight?

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Which of the following is not one of the intermediaries that participate in the international logistics process?

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Cargo vessels that carry standardized containers that greatly facilitate the loading and unloading of cargo and intermodal transfers are called:

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One of the three major concepts of the logistics of international management, _______ concept is based on the notion that materials-flow activities within and outside of the firm are so extensive and complex that they can be considered only in the context of their interaction.

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A bill of lading is a document that acknowledges the receipt of goods and represents the basic contract between the shipper and the carrier.

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A document required by certain countries to ensure correct tariffs are paid is called:

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Bulk service is:

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