Description
Managing Supply Chains A Logistics Approach International Edition 9th Edition by Coyle – Test Bank
CHAPTER 3 TEST QUESTIONS
True-False
1. Globalization is not considered to be one of the external factors driving change in logistics.
ANSWER: False
2. The third era of globalization is said to have begun around the year 2000. The significant characteristic of this era is that it is being powered by individuals and smaller organizations rather than global multinationals.
ANSWER: True
3. The supply chain should manage three important flows, namely, materials/products, information, and financials.
ANSWER: True
4. Operating globally has become harder to accomplish for individuals and small companies.
ANSWER: False
5. The terms of a demise charter transfer full control of the chartered vessel to the charterer.
ANSWER: True
6. Customs Trade Partnership Against Terrorism (C-TPAT) is a mandatory program in which importers must participate.
ANSWER: False
7. The North American Free Trade Agreement has removed all trade barriers between the U.S., Canada, and Mexico.
ANSWER: False
8. A Maquiladora plant can be located anywhere in South America.
ANSWER: False
9. Ocean transportation offsets slower service with lower rates than other modes.
ANSWER: True
10. A firm using air transportation cannot use the same packaging for international shipping as for domestic shipping because many cargo aircraft are not pressurized.
ANSWER: False
11. A Foreign Freight Forwarder is unregulated by the government.
ANSWER: False
12. Export Trading Companies and Export Management Companies are essentially the same.
ANSWER: False
13. An importer can store goods in a bonded warehouse for up to three years without paying duty.
ANSWER: True
Multiple Choice
14. Globalization was initially driven by countries
|
a. |
seeking new territories. |
|
b. |
outside the U.S. seeking to establish plants in the U.S. |
|
c. |
seeking materials and goods not available in their own land. |
|
d. |
sponsoring trading missions. |
ANSWER: c
15. A critical ingredient for the Third Era of globalization is:
|
a. |
the global emphasis on tailoring products and marketing strategies to meet perceived local needs |
|
b. |
technological advances, especially in information technology, and communications advances, especially in information technology, and communications |
|
c. |
the global emphasis on profits and efficiency |
|
d. |
the global emphasis on the marketing mix and marketing functions |
ANSWER: b
16. The Supply Chain should
|
a. |
manage all aspects of transportation, selecting the least cost when possible. |
|
b. |
seek to maximize profits. |
|
c. |
use the same techniques internationally that it uses domestically. |
|
d. |
manage materials/products, information, and financials. |
ANSWER: d
17.Economies and companies could improve their “wealth” by
|
a. |
allowing specialization of tasks. |
|
b. |
ensuring that logistics is used to gain advantage in the marketplace. |
|
c. |
becoming multi-national. |
|
d. |
moving production off shore. |
ANSWER: a
18.A demand-driven system is also known as
|
a. |
a supply chain. |
|
b. |
a pull system. |
|
c. |
a marketing system. |
|
d. |
a multi-echelon system. |
ANSWER: b
19.A Maquiladora plant is
|
a. |
a new type of flower. |
|
b. |
an entity created under NAFTA |
|
c. |
a U.S. plant performing manufacturing, processing, or assembly activity in Mexico. |
|
d. |
a factory owned by the Maquiladora Corporation. |
ANSWER: c
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