MGT 1163: Mock-up Test 1 MCQ

The elements of supply chain that involved after product been manufactured is refer to ____.

• Product flow

• Reverse product flow

• Upstream supply chain

• Downstream supply chain

Which of the following are NOT the fundamental to transportation performance?

• Cost of transportation

• Speed of transportation

• Transportation integration

• Transportation consistency

What is facility network of logistic work?

• The number, location and ownership arrangement to perform the logistics work supporting a given firm's strategy.

• Products be received, moved, stored, sorted, and assembled to meet customer order requirements.

• The geographically moves and positions inventory by maintaining the cost and service.

• The information exchange involves all aspects of managing customer requirements, including initial order receipt, delivery, invoicing, and collection

The party who are responsible to manage and organize the transportation and any necessary shipping documentation on behalf of their client.

• Customs

• Forwarders

• Government

• Logistics service provider

What the major activities that firms are required to do to meet the global compliance?

• Firm must correctly deliver the number of orders to the customer.

• Firms must make sure the product are being shipped to the destination.

• Firms must correctly classify the goods are being imported and exported.

• Firms must record the cost transaction of all export and import accurately.

The goal of Supply Chain Management to reduce a company operating expenses at all types of business expenses including cost of purchasing and delivering cost.

• True

• False

Financial flow has been viewed as one-directional from supplier to customer as a payment for the goods.

• True

• False

The Outbound logistics include all systems that help prepare an order for delivery and get it to the end customer through delivery service.

• True

• False

Global supply chain management is focus on the global business and it applies on firms who are increasingly focus on global market only.

• True

• False

Customs and Border Protection (CBP) is a special trained individual or firm who are responsible for import law enforcement and duty and tariff collection.

• True

• False