Exam 15: Global Logistics and Distribution

Sourcing strategy includes two basic choices.One of these is intra-firm sourcing and the other is __________________.

Another profound change in the last decade is the proliferation of _______________.

The bulk of international trade is handled by airlines.

With respect to distribution costs,a geographically large country such as the United States will normally incur more ______________________ costs than in smaller Countries.

Mexico's border industrialization program was developed in __________.

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

In which of the following countries are store brands marginal players because of loyalty to national or manufacturer brands?

Mexico allows duty-free imports of machinery and equipment for manufacturing as well as components for further processing and assembly,as long as at least 80 Percent of the plant's output is exported.This is called a _______________ Industry.

_______________________ refers to the movement of the firm's finished products to its customers,consisting of transportation,warehousing,inventory,customer Service/order entry,and admission.

Explain the role that so called "third-party logistics" (3PL)companies play in contemporary international trade.Cite the advantages of using third-party companies in the trade process.

Covisint is probably the largest global online ________ procurement system.

In 2004,in the United States,total logistical cost is estimated to be about 20 percent of the country's GDP.

Japan has established trade zones to increase __________________.

One of the real sources of Japanese inspiration and competitiveness is the fact that they excel in the management of the _________________ interface.

To show the increasing power of retailers in today's business world,the traditional supply chain that was once powered by the manufacturer has been turned around. Distribution today is characterized as being ____________ in nature.

The Mexican version of the free trade zone is called the _________________.

Explain the role of the free trade zone in modern trade.Explain the free trade zone's relationship and benefit to global logistics.

A merchant intermediary does not take title to goods.

__________________ refers to coordinating production and distribution across geographic boundaries.

________________ 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.