Import Export Management - Revision for Final Examination Quiz

What are the key concepts of supply chain management?

• Inventory management

• Supplier relationships

• Demand forecasting

• All of the above

What are the benefits of shipment consolidation?

• Cost savings

• Faster delivery

• Increased risk

• More paperwork

What are the challenges in reverse logistics?

• Returns management

• Inventory control

• Customer satisfaction

• All of the above

What are the disadvantages of airfreight?

• High cost

• Speed

• Reliability

• Flexibility

What is intermodal/multimodal transport?

• Using multiple modes of transport

• Single mode transport

• Transport by air only

• Transport by sea only

What is last-mile delivery?

• Final step of delivery

• Initial step of delivery

• Transporting goods internationally

• None of the above

What is cold chain logistics?

• Temperature-controlled supply chain

• Standard supply chain

• Air transport logistics

• None of the above

What is optimizing container load factors?

• Maximizing space utilization

• Minimizing costs

• Reducing delivery time

• None of the above

What are the functions of a fulfillment center?

• Order processing

• Inventory management

• Shipping

• All of the above

What are shipping line 'storage' fees?

• Charges for holding cargo

• Charges for shipping

• Charges for customs

• None of the above