Exam 15: Global Logistics and Distribution

Physical distribution refers to the inflow of raw materials,parts,and supplies in and through the firm.

As a type of outsourcing,_____________________ is when a company buys major components from independent suppliers at home.

_________________________ usually provide tax- and duty-free treatment of production facilities whose output is meant to be exported.

All of the following factors contributed significantly to the increased complexity and cost of global logistics as compared to domestic logistics EXCEPT:

In which parts of the world are private labels popular? Why? What factors might explain this?

Which of the following should a company NOT do with a channel partner?

The ________________ of the product refers to the quality degradation over time and/or product obsolescence along the product life cycle.

As a type of intra-firm sourcing,_____________________ is when a company procures major components from its foreign subsidiary.

Duty deferral and elimination,lower tariff rates,exchange rate hedging,and a "Made in U.S.A." designation are all benefits of using a __________________.

Research has shown that if Nike or Reebok were to be transporting their footwear from plants in Asia to the United States,they would probably choose which of the Following transportation modes?

Global logistics encompasses materials management only.

_______________ is the fastest growing Internet market in Asia.

The traditional logistics strategy involves ____________________ based on forecasting and inventory speculation.

If a retail firm sells a product under its own store name it is called a:

The bulk of international trade is handled by ________________________.

Global logistics encompasses:

Explain the concept and function of the Maquiladora operation or industry in Mexico.

The Internet and Intranet facilitate __________________________.

3PL stands for:

________________ is defined as the design and management of a system that directs and controls the flows of materials into,through and out of the firm across national Boundaries to achieve its corporate objectives at a minimum total cost.