Question 1

Transportation decisions are more complicated in international logistics than they are in domestic logistics.

Accepted Answer

A) True 
 B)False  True

Question 2

According to the authors,"supply chain management" includes both domestic and international logistics activities; there is no practical way of distinguishing between domestic supply chain management and international supply chain management.

Accepted Answer

A) True 
 B)False  True

Question 3

It is generally accepted that

Accepted Answer

A)  logistics management encompasses activities that are distinct and separate from the activities included in supply chain management. 
B)  logistics management encompasses activities that are broader than those of supply chain management. 
C)  supply chain management encompasses activities that are broader than those of logistics management. 
D)  some of the activities of logistics management and some of the activities of supply chain management are similar, but both include distinct and separate activities. 
E)  None of the above 
A)  logistics management encompasses activities that are distinct and separate from the activities included in supply chain management. 
B)  logistics management encompasses activities that are broader than those of supply chain management. 
C)  supply chain management encompasses activities that are broader than those of logistics management. 
D)  some of the activities of logistics management and some of the activities of supply chain management are similar, but both include distinct and separate activities. 
E)  None of the above C

Question 4

Some companies are implementing a reverse logistics program in which they design products so that they can be used or remanufactured again and again.Such a program is called a "cradle to ____________________" design.

Accepted Answer

The answer of Some companies are implementing a reverse logistics...

Question 5

The increased usage of air transport for international trade has had which consequence?

Accepted Answer

A)  decreased shipping costs 
B)  increased insurance claims 
C)  increased probability of a company being selected as a supplier, by reducing delivery times 
D)  increased shipping delays 
E)  All of the above 
A)  decreased shipping costs 
B)  increased insurance claims 
C)  increased probability of a company being selected as a supplier, by reducing delivery times 
D)  increased shipping delays 
E)  All of the above

Question 6

Insurance issues in international logistics are thankfully similar in complexity to insurance issues in domestic logistics.

Accepted Answer

A) True 
 B)False

Question 7

MRP,MRP II,and DRP are inventory management techniques that allow manufacturers to reduce their inventory levels.

Accepted Answer

A) True 
 B)False

Question 8

Most firms either purchase goods from abroad or sell goods abroad.If they do not,their suppliers and customers do.This situation illustrates that supply chain management is inherently ____________________.

Accepted Answer

The answer of Most firms either purchase goods from abroad...

Question 9

Early logisticians were international traders,and,although they used different techniques and means of transportation,they were concerned with the same issues that present-day logisticians are concerned about.

Accepted Answer

A) True 
 B)False

Question 10

The globalization of markets is a recent phenomenon.

Accepted Answer

A) True 
 B)False

Question 11

Inventory reduction was a major goal of companies in the 1980s; this change was due to the increasing costs of oil and of products manufactured with oil.

Accepted Answer

A) True 
 B)False

Question 12

Another name for sea-going containers is

Accepted Answer

A)  boxes. 
B)  cans. 
C)  tubs. 
D)  tins. 
E)  None of the above 
A)  boxes. 
B)  cans. 
C)  tubs. 
D)  tins. 
E)  None of the above

Question 13

It is not unusual for companies shipping to large manufacturers and retail chains to be penalized financially (not receiving the full invoice amount)for not

Accepted Answer

A)  shipping the correct goods. 
B)  shipping the goods in the right quantity. 
C)  shipping the entire order at once. 
D)  delivering the goods on the day and at the time promised. 
E)  None of the above 
A)  shipping the correct goods. 
B)  shipping the goods in the right quantity. 
C)  shipping the entire order at once. 
D)  delivering the goods on the day and at the time promised. 
E)  None of the above

Question 14

In the 1980s,companies started to manage their inventories much more closely than they had in the 1960s and 1970s.This was due to an increase in

Accepted Answer

A)  interest rates. 
B)  the value of inventories in general. 
C)  the value of the goods held in inventory. 
D)  the creation of just-in-time inventory management systems. 
E)  None of the above. 
A)  interest rates. 
B)  the value of inventories in general. 
C)  the value of the goods held in inventory. 
D)  the creation of just-in-time inventory management systems. 
E)  None of the above.

Question 15

The fact that there is a greater number of intermediaries in international logistics (banks,insurance companies,Customs,and so on)also makes that there is an abundance of ____________________.

Accepted Answer

paperwork,

Question 16

Who was the person who popularized the idea of sea-going containers that could be loaded directly onto a ship,a truck,or a railroad car?

Accepted Answer

A)  Peter Maersk 
B)  Malcom McLean 
C)  Joseph Battaglia 
D)  Hapag Lloyd 
E)  None of the above 
A)  Peter Maersk 
B)  Malcom McLean 
C)  Joseph Battaglia 
D)  Hapag Lloyd 
E)  None of the above

Question 17

The country of Germany has implemented a secondary refuse collection system,specifically targeted at packaging materials,that is funded entirely by industry.

Accepted Answer

A) True 
 B)False

Question 18

International logistics includes activities that are not part of domestic logistics.

Accepted Answer

A) True 
 B)False

Question 19

The individuals who are handling goods in the ports,loading and unloading merchandise,are called

Accepted Answer

A)  stevedores. 
B)  marksmen. 
C)  mercadores. 
D)  julinators. 
E)  None of the above 
A)  stevedores. 
B)  marksmen. 
C)  mercadores. 
D)  julinators. 
E)  None of the above

Question 20

The modern term "logistics" is based upon a French word meaning "military train."

Accepted Answer

A) True 
 B)False

Transportation decisions are more complicated in international logistics than they are in domestic logistics.

According to the authors,"supply chain management" includes both domestic and international logistics activities; there is no practical way of distinguishing between domestic supply chain management and international supply chain management.

It is generally accepted that

Some companies are implementing a reverse logistics program in which they design products so that they can be used or remanufactured again and again.Such a program is called a "cradle to ____________________" design.

The increased usage of air transport for international trade has had which consequence?

Insurance issues in international logistics are thankfully similar in complexity to insurance issues in domestic logistics.

MRP,MRP II,and DRP are inventory management techniques that allow manufacturers to reduce their inventory levels.

Most firms either purchase goods from abroad or sell goods abroad.If they do not,their suppliers and customers do.This situation illustrates that supply chain management is inherently ____________________.

Early logisticians were international traders,and,although they used different techniques and means of transportation,they were concerned with the same issues that present-day logisticians are concerned about.

The globalization of markets is a recent phenomenon.

Inventory reduction was a major goal of companies in the 1980s; this change was due to the increasing costs of oil and of products manufactured with oil.

Another name for sea-going containers is

It is not unusual for companies shipping to large manufacturers and retail chains to be penalized financially (not receiving the full invoice amount)for not

In the 1980s,companies started to manage their inventories much more closely than they had in the 1960s and 1970s.This was due to an increase in

The fact that there is a greater number of intermediaries in international logistics (banks,insurance companies,Customs,and so on)also makes that there is an abundance of ____________________.

Who was the person who popularized the idea of sea-going containers that could be loaded directly onto a ship,a truck,or a railroad car?

The country of Germany has implemented a secondary refuse collection system,specifically targeted at packaging materials,that is funded entirely by industry.

International logistics includes activities that are not part of domestic logistics.

The individuals who are handling goods in the ports,loading and unloading merchandise,are called

The modern term "logistics" is based upon a French word meaning "military train."

Introduction

International Logistics Infrastructure

Methods of Entry into Foreign Markets

International Contracts

Terms of Trade or Incoterms

Terms of Payment

Currency of Payment (Managing Transaction Risks)

International Commercial Documents

International Insurance

International Ocean Transportation

International Air Transportation

International Land and Multi-Modal Transportation

Packaging for Export

International Logistics Security

Customs Clearance

Using International Logistics for Strategic Advantage

Filters

Exam 2: International Supply Chain Management

Transportation decisions are more complicated in international logistics than they are in domestic logistics.

According to the authors,"supply chain management" includes both domestic and international logistics activities; there is no practical way of distinguishing between domestic supply chain management and international supply chain management.

It is generally accepted that

Some companies are implementing a reverse logistics program in which they design products so that they can be used or remanufactured again and again.Such a program is called a "cradle to ____________________" design.

The increased usage of air transport for international trade has had which consequence?

Insurance issues in international logistics are thankfully similar in complexity to insurance issues in domestic logistics.

MRP,MRP II,and DRP are inventory management techniques that allow manufacturers to reduce their inventory levels.

Most firms either purchase goods from abroad or sell goods abroad.If they do not,their suppliers and customers do.This situation illustrates that supply chain management is inherently ____________________.

Early logisticians were international traders,and,although they used different techniques and means of transportation,they were concerned with the same issues that present-day logisticians are concerned about.

The globalization of markets is a recent phenomenon.

Inventory reduction was a major goal of companies in the 1980s; this change was due to the increasing costs of oil and of products manufactured with oil.

Another name for sea-going containers is

It is not unusual for companies shipping to large manufacturers and retail chains to be penalized financially (not receiving the full invoice amount)for not

In the 1980s,companies started to manage their inventories much more closely than they had in the 1960s and 1970s.This was due to an increase in

The fact that there is a greater number of intermediaries in international logistics (banks,insurance companies,Customs,and so on)also makes that there is an abundance of ____________________.

Who was the person who popularized the idea of sea-going containers that could be loaded directly onto a ship,a truck,or a railroad car?

The country of Germany has implemented a secondary refuse collection system,specifically targeted at packaging materials,that is funded entirely by industry.

International logistics includes activities that are not part of domestic logistics.

The individuals who are handling goods in the ports,loading and unloading merchandise,are called

The modern term "logistics" is based upon a French word meaning "military train."

Introduction

International Logistics Infrastructure

Methods of Entry into Foreign Markets

International Contracts

Terms of Trade or Incoterms

Terms of Payment

Currency of Payment (Managing Transaction Risks)

International Commercial Documents

International Insurance

International Ocean Transportation

International Air Transportation

International Land and Multi-Modal Transportation

Packaging for Export

International Logistics Security

Customs Clearance

Using International Logistics for Strategic Advantage

Filters