FIL - Chapter 1/3 Quiz

FIL - Chapter 1/3 Quiz

University

10 Qs

quiz-placeholder

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FIL - Chapter 1/3 Quiz

FIL - Chapter 1/3 Quiz

Assessment

Quiz

Business

University

Hard

Created by

Syed Shamin

Used 4+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of global logistics?

The process of managing the flow of goods through supply chain

The process of developing and manufacturing products

The process of delivering products to supplier

The process of meeting customer service needs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the advantages of global logistics?

Lower cost and added value

Higher cost and added value

Lower cost and reduced value

Higher cost and reduced value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the disadvantages of global logistics?

Political, Economics and Environment stability

Language and Communication Barriers

Higher cost and added value

Lower cost and reduced value

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the emergence of the value-conscious customer?

Recognition of the importance of customer satisfaction

Recognition of the importance of production and sales

Recognition of the importance of marketplace focus

Recognition of the importance of logistics as a non core business activity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Michael Porter, what are the three fundamental ways in which firms can achieve sustainable competitive advantage?

Cost leadership, differentiation, and focus

Cost leadership, differentiation, and efficiency

Differentiation, focus, and efficiency

Differentiation, focus, and responsiveness

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the correct Role for Carrier

Receiving Goods

Handle the purchasing process

Physically transporting the goods

Arranging the transportation of goods from point of origin to the destination

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shipper is the entity responsible for arranging the transportation of goods from the point of origin to the destination.

True

False

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