Exam 15: Global Logistics and Distribution

_______________ is the fastest growing Internet market in Asia.

The Mexican version of a free trade zone is called the ___________________.

________________ 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.

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

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

__________________ refers to the means of keeping continuous tabs on the exact location of the goods being shipped in the logistics chain.

Covisint is probably the largest global online ________ procurement system.

As firms start operating on a global basis, ___________________ need to manage the shipping of raw materials, components, and supplies among various manufacturing sites at the most economical and reliable rates.

In 2008, in the United States, total logistical cost is estimated to be about 20 percent of the country's GDP.

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

With electronic tracking technology, shippers are able to quickly react to any disruption in the shipments because the shipper knows where exactly the goods are In real time and:

With respect to strategies available to the business unit, a ____________ strategy appears to be more effective than a __________ strategy in emerging markets.

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

__________________ refers to coordinating production and distribution across geographic boundaries.

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

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

The Internet and Intranet facilitate __________________________.

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

In global logistics and distribution, 3PL stands for:

Japan has established trade zones to increase __________________.