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WorksheetsChapter 8: Current Issues in Logistics Operations
Total questions: 30
Worksheet time: 17mins
What is a critical component of the supply chain?
lower labor cost from international outsourcing
focused manufacturing
lean management
just in time
__________ manufacturing fits well into an international logistics strategy
Focused
Lean
Outsourced
Insourcing
General homogenization of global needs and wants means_____
people all over the world generally need and want the same thing
people all over the world need and want different things
people all over the world need and want customized things
people all over the world need and want exotic things
When trade barriers fall, _________
global business activity increases
global business activity reduces
global business activity becomes stagnant
accelerating global business activity
What can firms do to serve global markets?
adopt integrated worldwide strategies
adopt focused worldwide strategies
adopt different worldwide strategies
adopt tactical worldwide strategies
Global firms typically design ______________ strategies around technology, marketing, manufacturing, and logistics.
synchronous
asynchronous
focused
lean
One of the four characteristics of customer service strategies:
Product life cycles increases sometimes to more than one year
Outsourcing and offshore manufacturing are becoming more common
Marketing an manufacturing activities and strategies tend to differ and less coordinated
Marketing becomes highly customized
Logistics activities must be operated as a (n) __________to provide a countervailing force.
system
silo
entity
strategy
Logistics networks tend to become more __________and ___________ as a result of global markets.
expensive, complex
expansive, complex
integrated, simpler
expensive, integrated
One of the following is NOT part of the changing political and legal environments:
Offshore plants and logistics facilities
Focus production plants often require complex logistics facilities.
General expansion of worldwide markets
Growth of Asian, Indian and European markets
Global transportation options: Ocean. Choose the correct structure:
Liner - service firm's own logistics needs
Charter - scheduled service; regular routes
Liner - scheduled service; regular routes
Private - contract service; no set rules
What is the most pervasive and important global mode?
road
rail
air
sea/maritime
For air transport, rates have traditionally restricted cargo to _____ density, high ______ goods.
low, value
value, rated
high, value
high, rated
The two significant changes in logistics and transportation are:
Intermodalism and shipment control
Mutimodalism and air transport
Intermodalism and maritime transport
Road transport and multimodalism
Foreign freight forwarders do the following except:
Consolidate small shipments into economical container or larger-sized lots.
Used by small or inexperienced shippers
Fee for service and/or commission from shipping companies
Use road and rail modes.
Non-vessel operating common carriers are used to do the following except:
disperse traffic moving to and from an inland port
collect traffic from inland ports back to the ocean port cities
widen markets of the ocean carriers and provides expertise to the smaller inland shippers.
increase travel time and add costs to shippers
Export management companies do the following except:
act as a knowledgeable shippers agent in a foreign country.
act as the sellers agent in getting orders, and arranging for distribution, promotion, and dealing with the foreign government
may sell with or without taking title to the goods
locates buyers, arranges for inland and international transportation, and meeting foreign government requirements
Export trading companies activities include the following except:
export goods and services
locates buyers, arranges for inland and international transportation, and meeting foreign government requirements
allows small and medium-sized firms the ability to compete globally
import goods and services
Customs house brokers ensure the following activities are completed except:
Oversee the movement of goods through customs and ensures that paperwork accompanying a shipment is in order
Operate under power of attorney from the shipper and can pay any duty on freight
Much of the paperwork is done ahead of the shipment using integrated computer systems
Increase the time it takes to clear customs, thereby adding transit times
Choose the correct definition of ship brokers
act as agents in securing the charter of a ship
are the local (port) agent of the ship operator when the ship is in port
supply a shipper specialized export packing services to help with customs and to protect the goods
Joint use of two or more transportation modes is called
Multimodalism
Intermodalism
Monomodalism
Micromodalism
Currently USD1 is equivalent to RM4.42 this means
Americans may spend more in Malaysia as goods and services here are cheaper
Malaysians may spend more in the USA as goods and services there are cheaper
Both Malaysians and Americans have equal spending power in their respective countries
It is cheaper to import goods from the USA
One of the following is NOT part of changing political and legal environments
A single European market
Eastern Europe
North American Free Trade Agreement
TPP
One example of changing political and legal environments:
Inshore plants and logistics facilities
General downsizing of worldwide markets
Increasing protectionist policies all over the world
Growth of Caribbean, Australian, China, African, Russian and Eastern European markets
Match the following
Private
scheduled service; regular routes
Charter
contract service; no set rules
Liner
service firm's own logistics needs
One of the advantages of air transportation is having linkages with package delivery and courier services making it possible to provide true point-to-point service
True
False
One of the advantages of rail transport is that they all have uniform rail gauges all over the world.
True
False
Export Management Companies (EMCs) act as a knowledgeable shippers agent in a foreign country.
True
False
The ETC locates buyers, arranges for inland and international transportation, and meeting foreign government requirements. ETC stands for
Export Transmission Companies
Entitled Trading Companies
Emission Throughput Companies
Export Trading Companies
This entity allows small and medium sized firms the ability to compete globally
ETCs
EMCs
ECMs
MCEs
