Global Logistics And Supply Chain Management, 3e J
Global Logistics and Supply Chain Management, 3e J
Exam (elaborations)
Global Logistics and Supply Chain Management 3rd Edition By John Mangan, Chandra Lalwani (Quiz Question & Answer)
171 views 1 purchase
Course
Global Logistics and Supply Chain Management, 3e J
Institution
Global Logistics And Supply Chain Management, 3e J
Global Logistics and Supply Chain Management, 3e John Mangan, Chandra Lalwani (Quiz Question & Answer)
Global Logistics and Supply Chain Management, 3e John Mangan, Chandra Lalwani (Quiz Question & Answer)
6. A low value, high volume shipment has:
a. a high transport cost penalty
b. a low transport cost penalty
7. A supply chain is best understood as:
a. a linear chain
b. a multidimensional network
8. Effective transport deregulation typically aims to achieve (at least in theory):
a. cost reduction
b. service improvement
c. both
9. Ethnocentricity involves:
a. adopting the perspective only of the home country where its headquarters are
located
b. adopting the host country perspective
c. the company not adopting any particular country perspective(s)
10. In the context of global logistics the acronym ‘TNC’ stands for:
a. transnational corporation
b. transnational competence
1
,11. Which type of company portrays more of a global identity:
a. a transnational corporation
b. a multinational company
12. Offshoring can be defined as:
a. the transfer of specific processes to lower cost locations in other countries
b. the transfer to a third party of the management and delivery of a process
previously performed by the company itself
13. Geocentricity involves:
a. adopting the perspective only of the home country where its headquarters are
located
b. adopting the host country perspective
c. the company not adopting any one particular country perspective(s)
14. Craft production allows:
a. high output volume with low output variety
b. high output variety with low output volume
15. Another name for postponement is:
a. delayed product design
b. delayed product differentiation
16. An agile supply chain strategy works best with:
a. short lead time, unpredictable demand
b. short lead time, predictable demand
17. Another term used to describe the ‘functional’ nature of many organisations is:
a. silo
b. corporate
18. A leagile supply chain strategy works best with:
a. long lead time, predictable demand
b. long lead time, unpredictable demand
19. The consignee is:
a. the company or individual who sends the consignment
b. the company or individual who actually receives the shipment
20. The term NVOCC is an acronym for:
a. non-vessel-owning common carrier
b. non-vessel-operating common carrier
21. The term NVOCC:
a. is associated with the activity known as groupage
b. is not associated with the activity known as groupage
2
, 22. How many groups of incoterms are there?
a. Two
b. Three
c. Four
23. Which of the following is correct?
a. sourcing = procurement + purchasing
b. procurement = sourcing + purchasing
24. The acronym ‘OEM’ stands for:
a. original electronics manufacturing
b. original equipment manufacturer
25. A higher score on the environmental separation index between an outsourcer and an
outsourcee indicates:
a. large differences in work practices, culture and perceptions between an
outsourcer and an outsourcee
b. small differences in work practices, culture and perceptions between an
outsourcer and an outsourcee
26. Which of the following statements is correct?
a. In order to be an order winner a factor must first be an order qualifier
b. In order to be an order qualifier a factor must first be an order winner
27. Very slow moving items of inventory are likely to be classified in an ABC inventory
classification system as:
a. ‘A’ items
b. ‘B’ items
c. ‘C’ items
28. The square root rule is concerned with:
a. deciding how much inventory to re-order
b. reducing total system inventory by reducing the number of locations within
which inventory is held
c. transit inventory
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tutorsection. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
