Exam 15: Global Logistics and Distribution

By increasing ___________________ before imminent depreciation of a currency instead of holding cash,the firm may reduce its exposure to currency depreciation Losses.

Which of the following factors contribute significantly to the increased complexity and cost of global logistics as compared to domestic logistics?

____________________ refers to coordinating production and distribution across geographic boundaries.

_________________ influences decisions regarding what activities and technologies a company should concentrate its investment and managerial Resources in (in relation to its competitors in the industry).

Companies that outsource to the extent that they adopt a "designer role" in global competition (i.e. ,offer innovations in product design without investing In manufacturing process technology)have been described by some as being:

In intermodal transportation,only one type of transportation is employed.

Explain what the terms global logistics,materials management,and physical distribution mean.Describe the various operations and procedures encompassed by these terms.

The global logistics manager must understand the specific properties of the different modes of transportation in order to use them optimally.What are the most important factors in determining an optimal mode of transportation? List and briefly describe each of the factors.

Rationalization means reducing resources to achieve more efficient and cost-effective operations.

Materials management does not include the inflow of raw material,parts,and supplies through the firm.

In China,basket shopping is still considered the norm for most consumers.

All of the following are viable options for shipping products internationally on a global basis (anywhere in the world)EXCEPT:

In Mexico,the free trade zone program (also called the in-bond or twin-plant program)is called the _____________________________.

In 2006,in the U.S. ,the total logistics cost was ______ percent of the U.S.GDP.

In Mexico another name for the Maquiladora operation or industry is the:

The Large Scale Retail Store Law (LSRSL)in _______________ helped to protect small retail stores.

In Japan,private brands are very popular.

The global logistics process begins with which of the following?

As a branding strategy,_______________ is especially attractive to MNCs that face well-entrenched incumbent brands in the markets they plan to enter.(This Overcomes the problem of shelf-space denial. )

Materials management refers to the movement of the firm's finished products to its customers,consisting of transportation,warehousing,inventory, customer service/order entry,and administration.