Question 1

In global logistics and distribution, Coca-Cola's success relies largely on its global distribution arm, _____, the world's largest bottler group.

Accepted Answer

A) Coca-Cola Enterprises 
B) Coca-Cola Network 
C) Coca-Cola Web 
D) Coca-Cola Team 
E) Coca-Cola Trucking Co.

Question 2

In 2018, two thirds of KFC's 900 U.K.locations were affected by a breakdown in the supply chain leading to shortages of chicken, gravy and other items.

Accepted Answer

A) True 
 B)False

Question 3

In geographically concentrated countries, such as Japan and Britain, firms tend to incur relatively more warehousing, customer service/order entry, and general administrative costs than in geographically larger countries.

Accepted Answer

A) True 
 B)False

Question 4

Competitive advantage refer to the mix of skills and resources that a firm possesses that enable it to produce one set of goods and/or services in a much more effective manner than another firm.

Accepted Answer

A) True 
 B)False

Question 5

Where to source major components seems much less important than how to source them.

Accepted Answer

A) True 
 B)False

Question 6

_____ inventories also provide a hedge against inflation because the value of the goods/parts held in inventory remains the same compared to the buying power of local currency.

Accepted Answer

A) High-tech 
B) Low-tech 
C) High 
D) Low 
E) None of the above

Question 7

The global logistics process begins with which of the following?

Accepted Answer

A) materials management 
B) processing and assembly 
C) physical distribution 
D) raw materials, components, and supplies 
E) finished products ready for shipment

Question 8

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.

Accepted Answer

A) True 
 B)False

Question 9

Core services are the necessary outputs of an organization that consumers are looking for.

Accepted Answer

A) True 
 B)False

Question 10

The bulk of international trade is handled by _____.

Accepted Answer

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

Question 11

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

Question 12

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:

Accepted Answer

A) vertical corporations. 
B) horizontal corporations. 
C) hollow corporations. 
D) supply and demand corporations. 
E) monopoly manufacturers.

Question 13

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.

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

Outsourcing typically lowers a firm's variable costs but raises its breakeven point.

Accepted Answer

A) True 
 B)False

Question 16

As a type of outsourcing, _____ is when a company buys major components from independent suppliers overseas.

Accepted Answer

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

Question 17

The internet and intranet facilitate _____.

Accepted Answer

A) parallel delivery. 
B) cheap delivery. 
C) expensive delivery. 
D) forward-time delivery. 
E) on-time delivery.

Question 18

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

Accepted Answer

A) border zone 
B) red zone district 
C) warehouse district 
D) dock facility 
E) free trade zone

Question 19

_____ is any retailing activity that transcends national borders.

Accepted Answer

The answer of _____ is any retailing activity that transcends...

Question 20

Logistics can go easily as global as e-commerce in reality.

Accepted Answer

A) True 
 B)False

Exam 15: Global Logistics and Distribution

In global logistics and distribution, Coca-Cola's success relies largely on its global distribution arm, _____, the world's largest bottler group.

In 2018, two thirds of KFC's 900 U.K.locations were affected by a breakdown in the supply chain leading to shortages of chicken, gravy and other items.

In geographically concentrated countries, such as Japan and Britain, firms tend to incur relatively more warehousing, customer service/order entry, and general administrative costs than in geographically larger countries.

Competitive advantage refer to the mix of skills and resources that a firm possesses that enable it to produce one set of goods and/or services in a much more effective manner than another firm.

Where to source major components seems much less important than how to source them.

_____ inventories also provide a hedge against inflation because the value of the goods/parts held in inventory remains the same compared to the buying power of local currency.

The global logistics process begins with which of the following?

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.

Core services are the necessary outputs of an organization that consumers are looking for.

The bulk of international trade is handled by _____.

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.

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

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

Outsourcing typically lowers a firm's variable costs but raises its breakeven point.

As a type of outsourcing, _____ is when a company buys major components from independent suppliers overseas.

The internet and intranet facilitate _____.

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

_____ is any retailing activity that transcends national borders.

Logistics can go easily as global as e-commerce in reality.