Question 1

If a product were to be categorized as being heavy,bulky,and nonperishable, probably the best form of global shipping would be:

Accepted Answer

A) ocean shipping. 
B) air freight. 
C) truck. 
D) rail. 
E) barge. 
A) ocean shipping. 
B) air freight. 
C) truck. 
D) rail. 
E) barge.

Question 2

According to the textbook,which of the following famous business thinkers characterized logistics as being "the dark continent of business?"

Accepted Answer

A) Philip Kotler. 
B) Stephen Covey. 
C) Michael E.Porter. 
D) Peter Drucker. 
E) Tom Peters. 
A) Philip Kotler. 
B) Stephen Covey. 
C) Michael E.Porter. 
D) Peter Drucker. 
E) Tom Peters.

Question 3

All of the following are benefits of using a free trade zone EXCEPT:

Accepted Answer

A) duty deferral and elimination. 
B) lower tariff rates. 
C) no government interference in intelligence gathering activities. 
D) exchange rate hedging. 
E) "Made in U.S.A." designation. 
A) duty deferral and elimination. 
B) lower tariff rates. 
C) no government interference in intelligence gathering activities. 
D) exchange rate hedging. 
E) "Made in U.S.A." designation.

Question 4

__________________ transportation refers to the seamless transfer of goods from one mode of transportation (such as an aircraft)to another (such as a ship)and
Vice versa without the hassle of unpacking and repackaging of goods to suit the
Dimensions of the mode of transportation being used.

Accepted Answer

A) Bi-polar 
B) Bi-modal 
C) Intercontinental 
D) Dual-basic 
E) Intermodal 
A) Bi-polar 
B) Bi-modal 
C) Intercontinental 
D) Dual-basic 
E) Intermodal

Question 5

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

Accepted Answer

A) True 
 B)False

Question 6

The _________________ is determined by how much value is added to the materials used in the product.

Accepted Answer

A) perishability of the product 
B) cost of transportation 
C) the cost of insurance 
D) the value-to-volume ratio 
E) the intermodal ratio 
A) perishability of the product 
B) cost of transportation 
C) the cost of insurance 
D) the value-to-volume ratio 
E) the intermodal ratio

Question 7

Industrialized countries tend to have a lower distribution outlet density than the _______________________.

Accepted Answer

A) regional markets 
B) global markets 
C) world markets 
D) submerging markets 
E) emerging markets 
A) regional markets 
B) global markets 
C) world markets 
D) submerging markets 
E) emerging markets

Question 8

If a company wished to ship semiconductor chips abroad,they would probably choose:

Accepted Answer

A) ocean shipping. 
B) air freight. 
C) truck. 
D) rail. 
E) barge. 
A) ocean shipping. 
B) air freight. 
C) truck. 
D) rail. 
E) barge.

Question 9

All of the following are important factors in determining an optimal mode of transportation to be used in foreign markets EXCEPT:

Accepted Answer

A) the cost of transportation. 
B) the value-to-volume ratio. 
C) the perishability of the product. 
D) obsolescence along the product life cycle. 
E) the cost of insurance. 
A) the cost of transportation. 
B) the value-to-volume ratio. 
C) the perishability of the product. 
D) obsolescence along the product life cycle. 
E) the cost of insurance.

Question 10

_________________ transportation refers to the seamless transfer of goods from one
mode of transport to another and vice versa without the hassle of unpacking and
repackaging.

Accepted Answer

The answer of _________________ transportation refers to the seamless transfer...

Question 11

An agent intermediary takes title to goods.

Accepted Answer

A) True 
 B)False

Question 12

A ___________________ is an area that is located within a nation,but is
considered outside of the customs territory of the nation.

Accepted Answer

The answer of A ___________________ is an area that is...

Question 13

Mexico permits _______ percent foreign ownership of the maquiladora plants in the designated maquiladora zone.

Accepted Answer

A) 25 
B) 50 
C) 75 
D) 90 
E) 100 
A) 25 
B) 50 
C) 75 
D) 90 
E) 100

Question 14

LSRSL stands for:

Accepted Answer

Large-Scal

Question 15

When raw materials,components,and supplies are converted or manipulated for processing and assembly by the firm,the process is monitored and controlled by
The ________________________ function of the firm.

Accepted Answer

A) physical distribution 
B) purchasing 
C) intermodal transportation 
D) materials handling 
E) materials management 
A) physical distribution 
B) purchasing 
C) intermodal transportation 
D) materials handling 
E) materials management

Question 16

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

Accepted Answer

A) Global logistics 
B) Physical distribution 
C) Materials management 
D) Purchasing processes 
E) Global distribution 
A) Global logistics 
B) Physical distribution 
C) Materials management 
D) Purchasing processes 
E) Global distribution

Question 17

As a type of intra-firm sourcing,_____________________ is when a company procures major components in-house by producing them domestically.

Accepted Answer

A) domestic in-house sourcing 
B) offshore subsidiary sourcing 
C) domestic purchasing arrangement 
D) offshore outsourcing (offshore sourcing) 
E) export management company 
A) domestic in-house sourcing 
B) offshore subsidiary sourcing 
C) domestic purchasing arrangement 
D) offshore outsourcing (offshore sourcing) 
E) export management company

Question 18

All of the following are activities that occur during physical distribution EXCEPT:

Accepted Answer

A) transportation. 
B) warehousing. 
C) inventory. 
D) order entry. 
E) promotion and advertising. 
A) transportation. 
B) warehousing. 
C) inventory. 
D) order entry. 
E) promotion and advertising.

Question 19

Recently the U.S.dollar depreciated while the Japanese yen soared in value.Honda found that it was much cheaper to ship its Accord models to Europe from its Ohio
Plant than from Japan.This could most accurately be classed as a move made
Because of problems or opportunities with:

Accepted Answer

A) distance. 
B) logistics. 
C) exchange rate fluctuations. 
D) foreign intermediaries. 
E) domestic intermediaries. 
A) distance. 
B) logistics. 
C) exchange rate fluctuations. 
D) foreign intermediaries. 
E) domestic intermediaries.

Question 20

Mexico is an attractive location for ____________ intensive assembly.

Accepted Answer

A) capital 
B) labor 
C) technology 
D) repair 
E) service 
A) capital 
B) labor 
C) technology 
D) repair 
E) service

If a product were to be categorized as being heavy,bulky,and nonperishable, probably the best form of global shipping would be:

According to the textbook,which of the following famous business thinkers characterized logistics as being "the dark continent of business?"

All of the following are benefits of using a free trade zone EXCEPT:

__________________ transportation refers to the seamless transfer of goods from one mode of transportation (such as an aircraft)to another (such as a ship)and Vice versa without the hassle of unpacking and repackaging of goods to suit the Dimensions of the mode of transportation being used.

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

The _________________ is determined by how much value is added to the materials used in the product.

Industrialized countries tend to have a lower distribution outlet density than the _______________________.

If a company wished to ship semiconductor chips abroad,they would probably choose:

All of the following are important factors in determining an optimal mode of transportation to be used in foreign markets EXCEPT:

_________________ transportation refers to the seamless transfer of goods from one mode of transport to another and vice versa without the hassle of unpacking and repackaging.

An agent intermediary takes title to goods.

A ___________________ is an area that is located within a nation,but is considered outside of the customs territory of the nation.

Mexico permits _______ percent foreign ownership of the maquiladora plants in the designated maquiladora zone.

LSRSL stands for:

When raw materials,components,and supplies are converted or manipulated for processing and assembly by the firm,the process is monitored and controlled by The ________________________ function of the firm.

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

As a type of intra-firm sourcing,_____________________ is when a company procures major components in-house by producing them domestically.

All of the following are activities that occur during physical distribution EXCEPT:

Recently the U.S.dollar depreciated while the Japanese yen soared in value.Honda found that it was much cheaper to ship its Accord models to Europe from its Ohio Plant than from Japan.This could most accurately be classed as a move made Because of problems or opportunities with:

Mexico is an attractive location for ____________ intensive assembly.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

Exam 15: Global Logistics and Distribution

If a product were to be categorized as being heavy,bulky,and nonperishable, probably the best form of global shipping would be:

According to the textbook,which of the following famous business thinkers characterized logistics as being "the dark continent of business?"

All of the following are benefits of using a free trade zone EXCEPT:

__________________ transportation refers to the seamless transfer of goods from one mode of transportation (such as an aircraft)to another (such as a ship)and Vice versa without the hassle of unpacking and repackaging of goods to suit the Dimensions of the mode of transportation being used.

Ocean shipping is used extensively for the transport of heavy perishable cargoes.

The _________________ is determined by how much value is added to the materials used in the product.

Industrialized countries tend to have a lower distribution outlet density than the _______________________.

If a company wished to ship semiconductor chips abroad,they would probably choose:

All of the following are important factors in determining an optimal mode of transportation to be used in foreign markets EXCEPT:

_________________ transportation refers to the seamless transfer of goods from one mode of transport to another and vice versa without the hassle of unpacking and repackaging.

An agent intermediary takes title to goods.

A ___________________ is an area that is located within a nation,but is considered outside of the customs territory of the nation.

Mexico permits _______ percent foreign ownership of the maquiladora plants in the designated maquiladora zone.

LSRSL stands for:

When raw materials,components,and supplies are converted or manipulated for processing and assembly by the firm,the process is monitored and controlled by The ________________________ function of the firm.

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

As a type of intra-firm sourcing,_____________________ is when a company procures major components in-house by producing them domestically.

All of the following are activities that occur during physical distribution EXCEPT:

Recently the U.S.dollar depreciated while the Japanese yen soared in value.Honda found that it was much cheaper to ship its Accord models to Europe from its Ohio Plant than from Japan.This could most accurately be classed as a move made Because of problems or opportunities with:

Mexico is an attractive location for ____________ intensive assembly.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters