Freight forwarder - Study guides, Class notes & Summaries

MKTG 3340 quiz 4Sourcing Evaluating and hiring suppliers Procurement Purchasing goods and services from suppliers Brainpower Read More Outsourcing Hiring an organization to do a task previously performed by a firm Offshoring Outsourcing work to companies located overseas Insource The process of having an employee of your organization complete a marketing project, or hiring staff for an ongoing marketing function Advantages of outsourcing - More value - More co...

Scm 300 Exam 2 Questions With Verified And Updated Solutions. Push/Pull - answerpush- consumer demand is known and expected pull-activated by consumer demand offshoring - answerwhen a company moves manufacturing out of its home country to another country outsourcing - answerwhen a company contracts an outside firm to perform services that could be or were performed in house near sourcing - answera type of offshoring where the location of the manufacturing facility is relatively close to...

A 1. A hedge is a contract that provides protection against the risk of loss from a change in _________ A. Foreign exchange rates B. Inflation C. Interest rate D. None of the above A 2. There are 03 common methods of hedging: forward market hedge, money market hedge and option market A. True B. False A 3. A "put" option gives the buyer the _________, but not the _______________ to sell a specified number of foreign currency units to the option seller at a fixed dollar pr...

Born Global Firm - ANSWER-A young company that initiates int'l business activity very early in its evolution, moving quickly to foreign markets Commercial Risk - ANSWER-firm's potential loss or failure from poorly developed or executed business strategies, tactics, or procedures Country Risk - ANSWER-potentially adverse effects on company operations and profitability caused by developments in the political, legal, and economic environment in a foreign country Currency Risk - ANSWER-Po...

General Aviation aircraft can be used for: - correct answer Spraying field crops The term "feeder airlines" refers to - correct answer Airlines with smaller aircraft to connect to bigger airports (Expressjet) What is the most profitable way of traveling? - correct answer Business Charter flights are flights on narrow body commercial transport air...

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 multi-nationals. ANSWER: True 3. The supply chain should manage three important flows, namely, materials/products, informa...

even weight - ANSWER-when the weight is the valance air freight carrier - ANSWER-Passenger-Cargo carriers, all cargo, Integrated or Express pricing - ANSWER-A marketing function that involves the determining and adjusting of prices to maximize return and meet customers' perceptions of value hundredweight - ANSWER-Name for each 100 pounds of shipment shipment - ANSWER-cargo rates - ANSWER-RATE, to estimate the value of [v] forwarder - ANSWER-A travel agent for commercial cargo ...

1. COGSA "Carriage of Goods by Sea Act"; Only applies to ship- ments from OR to a US port; Only from time goods ac- tually loaded onto ship; Does not apply to above deck transport: can specifically agree otherwise "Clause Para- mount"; Agents of the carrier (loading and unloading)-"Hi- malayan Clause"; If US port is involved COGSA is going to apply; tackle to tackle unless "warehouse clause" applied; Under "Hague Rules"; 2. Harter Act Applies only to goods shipped from one US port to ...

CGBP Exam 2022 with complete solution, Questions with accurate answers. Rated A Document Content and Description Below CGBP Exam 2022 with complete solution A primary function of ________ is/are to anticipate the possibility of default or delay in payments by foreign borrowers. -Ans>> country risk assessment Transf er pricing is an issue facing U.S. exporters: -Ans>> only when selling to a related foreign buyer Which of the following is primarily responsible for regulating the expo...

Supply Chain Management- A Logistics Perspective, 9e Coyle TB TestBank Supply Chain Management- A Logistics Perspective, 9e Coyle TBCoyle Supply Chain Management: A Logistics Perspective, 9th Edition Chapter 1 Test Bank CHAPTER 1 TEST QUESTIONS True-False 1. The first decade of the twenty-first century was a period of rapid change for organizations, especially businesses. ANSWER: True, Page 5 2. A key element in Wal-Mart’s ability to discount brand name products was an understandi...