Question 1

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

Accepted Answer

A)  Rationalization 
B)  Utility management 
C)  Physical distribution management 
D)  Logistic integration 
E)  Logistic modeling 
A)  Rationalization 
B)  Utility management 
C)  Physical distribution management 
D)  Logistic integration 
E)  Logistic modeling

Question 2

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

Accepted Answer

A)  Maquiladora operation 
B)  border zone 
C)  red zone district 
D)  Foreign Trade Zone 
E)  Channel Zone 
A)  Maquiladora operation 
B)  border zone 
C)  red zone district 
D)  Foreign Trade Zone 
E)  Channel Zone

Question 3

Wal-Mart is the largest retailer in the world.

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A)  United States. 
B)  United Kingdom. 
C)  Japan. 
D)  France. 
E)  Canada. 
A)  United States. 
B)  United Kingdom. 
C)  Japan. 
D)  France. 
E)  Canada.

Question 5

___________________ 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 6

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?

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 7

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 8

In the United States, a free trade zone is officially called a __________________.

Accepted Answer

A)  Maquiladora operation 
B)  border zone 
C)  red zone district 
D)  Foreign Trade Zone 
E)  Channel Zone 
A)  Maquiladora operation 
B)  border zone 
C)  red zone district 
D)  Foreign Trade Zone 
E)  Channel Zone

Question 9

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

Accepted Answer

A)  exchange rate fluctuation. 
B)  distance. 
C)  domestic intermediaries. 
D)  foreign intermediaries. 
E)  negotiations with government officials and distributors. 
A)  exchange rate fluctuation. 
B)  distance. 
C)  domestic intermediaries. 
D)  foreign intermediaries. 
E)  negotiations with government officials and distributors.

Question 10

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

Accepted Answer

Physical d

Question 11

The primary forms of ocean shipping include all of the following EXCEPT:

Accepted Answer

A)  liner service. 
B)  bulk shipping. 
C)  tanker shipping. 
D)  irregular runs. 
E)  FedEx surface. 
A)  liner service. 
B)  bulk shipping. 
C)  tanker shipping. 
D)  irregular runs. 
E)  FedEx surface.

Question 12

In _________________, store hours are limited and stores do not open on Sundays.

Accepted Answer

A)  Germany 
B)  USA 
C)  Mexico 
D)  Brazil 
E)  UK 
A)  Germany 
B)  USA 
C)  Mexico 
D)  Brazil 
E)  UK

Question 13

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 14

In 2012, in the U.S., the total logistics cost was ______ percent of the U.S. GDP.

Accepted Answer

A)  1 
B)  3 
C)  5.5 
D)  8.5 
E)  10.5 
A)  1 
B)  3 
C)  5.5 
D)  8.5 
E)  10.5

Question 15

Typical B2B procurement systems rely on _______________ that emphasize the lowest bids on a global basis.

Accepted Answer

A)  promotions 
B)  selling 
C)  manufacturing 
D)  auctions 
E)  production 
A)  promotions 
B)  selling 
C)  manufacturing 
D)  auctions 
E)  production

Question 16

____________________ refers to coordinating production and distribution
across geographic boundaries.

Accepted Answer

Logistic i

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

Accepted Answer

A)  ocean shipping. 
B)  air freight. 
C)  cargo liner service. 
D)  truck. 
E)  intermodal transportation. 
A)  ocean shipping. 
B)  air freight. 
C)  cargo liner service. 
D)  truck. 
E)  intermodal transportation.

Question 19

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

Accepted Answer

A)  importing 
B)  outsourcing 
C)  in-sourcing 
D)  matrix manipulation 
E)  horizontal integration 
A)  importing 
B)  outsourcing 
C)  in-sourcing 
D)  matrix manipulation 
E)  horizontal integration

Question 20

The bulk of international trade is handled by ________________________.

Accepted Answer

A)  ocean shipping 
B)  air transport 
C)  trucking services 
D)  railroads 
E)  inland waterways 
A)  ocean shipping 
B)  air transport 
C)  trucking services 
D)  railroads 
E)  inland waterways

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

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

Wal-Mart is the largest retailer in the world.

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

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

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?

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

In the United States, a free trade zone is officially called a __________________.

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

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

The primary forms of ocean shipping include all of the following EXCEPT:

In _________________, store hours are limited and stores do not open on Sundays.

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

In 2012, in the U.S., the total logistics cost was ______ percent of the U.S. GDP.

Typical B2B procurement systems rely on _______________ that emphasize the lowest bids on a global basis.

____________________ refers to coordinating production and distribution across geographic boundaries.

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

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

The bulk of international trade is handled by ________________________.

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

Global Communication Strategies

Sales Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters

Exam 15: Global Logistics and Distribution

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

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

Wal-Mart is the largest retailer in the world.

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

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

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?

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

In the United States, a free trade zone is officially called a __________________.

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

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

The primary forms of ocean shipping include all of the following EXCEPT:

In _________________, store hours are limited and stores do not open on Sundays.

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

In 2012, in the U.S., the total logistics cost was ______ percent of the U.S. GDP.

Typical B2B procurement systems rely on _______________ that emphasize the lowest bids on a global basis.

____________________ refers to coordinating production and distribution across geographic boundaries.

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

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

The bulk of international trade is handled by ________________________.

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

Global Communication Strategies

Sales Management

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters