Exam 16: Logistics

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A decision concept that recognizes linkages within the decision system is called ________.

(Short Answer)
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________ refers to the transfer of ocean freight on land among various mode of transportation.

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With ________,the seller delivers the goods,with import duties paid,including inland transportation from import point to the buyer's premises.

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Incoterms are divided into four categories.Of the following,which is NOT one of those categories?

(Multiple Choice)
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If each subsidiary in an international market is made a profit center in itself and each one carries full responsibility for its performance,the subsidiary is said to be ________.

(Multiple Choice)
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Importers to the United States and the customs brokers who serve them are feeling pressure to help secure U.S.borders.

(True/False)
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A(n)________ is a bill for the goods stating basic information about the transaction,including a description of the merchandise,total cost of the goods sold,addresses of the shipper and seller,and delivery and payment terms.

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In the United States,Internet sales are expected to increase by ________ percent annually through 2010.

(Multiple Choice)
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The rise in cargo theft and pilferage has given birth to a whole new industry of "risk consultancies," which are contracted by exasperates ship owners to safeguard their vessels.

(True/False)
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Define international logistics.List and describe the two major phases in the movement of materials.

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In the simplest form of exporting,the only documents needed are ________ and ________.

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If a firm's primary concern is lower inventory cost,the firm can develop ________ delivery system.

(Multiple Choice)
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Nowadays,for the average import shipment to the United States,shippers pay ________ in transportation costs for every ________ paid in tariffs.

(Multiple Choice)
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________ applies only to vessel shipments.The seller quotes a price covering all expenses up to and including delivery of goods on an overseas vessel provided by or for the buyer.

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Great Soda Company,located in Canada,uses both land and sea bridges to transfer freight to international locations.Great Soda Company is utilizing ________.

(Multiple Choice)
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Approximately ________ percent of the world's manufactured exports by weight travel by air.

(Multiple Choice)
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A reduction of inventories will save money but may increase the need for costly emergency shipments.This is an example of the ________.

(Multiple Choice)
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Explain the different types of export documentation.

(Essay)
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________ is the direct transfer of information technology between computers of trading partners.

(Multiple Choice)
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________ allows shippers to buy all the transportation modes and functional services from a single carrier.

(Short Answer)
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