Test Bank for Transportation A Global Supply Chain Perspective, 10th Edition Robert A. NovackBrian GibsonYoshinori Suzuki

Test Bank for Transportation A Global Supply Chain Perspective, 10th Edition Robert A. NovackBrian GibsonYoshinori Suzuki-1. Transportation has been described as: a. The glue that holds the supply chain together b. Challenging and unnecessary c. A gamechanger d. Expensive service ANSWER: a POINTS: 1 DIFFICULTY: Medium REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance the growth and development of regions and countries, and how they contribute to social and political systems as well as national defense. 2. Which of the following countries has the largest export trade flow of merchandise? a. China b. United States c. Germany d. Japan ANSWER: a POINTS: 1 DIFFICULTY: Easy REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance the growth and development of regions and countries, and how they contribute to social and political systems as well as national defense. 3. Which of the following countries has the largest import trade flow of merchandise? a. China b. United States c. Germany d. Japan ANSWER: b POINTS: 1 Page 2 DIFFICULTY: Easy REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance the growth and development of regions and countries, and how they contribute to social and political systems as well as national defense. 4. In 2020, the top 30 exporting countries account for what percentage of the world‘s export of merchandise trade? a. 31.7% b. 85.3% c. 86.9% d. 90% ANSWER: c POINTS: 1 DIFFICULTY: Medium REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance the growth and development of regions and countries, and how they contribute to social and political systems as well as national defense. 5. Insight into the health of a supply chain can be gained by review of the volume of global trade and: a. gross domestic partner b. gross domestic product c. global imports only d. global exports only ANSWER: b POINTS: 1 DIFFICULTY: Easy REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.2 - Discuss the importance of transportation to globalization and how it contributes to the effective flow of commerce among close and distant regions. 6. Which of the following led to the spectacular growth in global trade between the year 2000 and the present? a. Greater acceptance of products manufactured in other countries b. Elimination of trade agreements c. Higher tariffs d. The recent pandemic ANSWER: a POINTS: 1 DIFFICULTY: Medium Page 3 REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance the growth and development of regions and countries, and how they contribute to social and political systems as well as national defense. 7. Which country is ranked third in both import and export flows of merchandise? a. China b. Germany c. Japan d. United States ANSWER: b POINTS: 1 DIFFICULTY: Easy REFERENCES: Global Supply Chain Flows QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.2 - Discuss the importance of transportation to globalization and how it contributes to the effective flow of commerce among close and distant regions. 8. Which of the following countries had the largest population in 2022? a. United States b. China c. India d. Indonesia ANSWER: b POINTS: 1 DIFFICULTY: Easy REFERENCES: The Economic Basis and Logic of Improved Global Trade QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth rate of the major countries of the world and understand how the size of the population can impact a country positively or negatively. 9. Which of the following countries is expected to have the largest population by 2050? a. United States b. China c. India d. Indonesia ANSWER: c POINTS: 1 DIFFICULTY: Easy REFERENCES: The Economic Basis and Logic of Improved Global Trade Page 4 QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth rate of the major countries of the world and understand how the size of the population can impact a country positively or negatively. 10. In 2020, what percentage of people in the world were 60 years or older? a. 1.9% b. 11.6% c. 18.5% d. 20% ANSWER: b POINTS: 1 DIFFICULTY: Easy REFERENCES: Contributing Factors for Global Flows and Trade QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth rate of the major countries of the world and understand how the size of the population can impact a country positively or negatively. 11. In 2020, what estimated percentage of the world‘s population lived in urban areas? a. 29% b. 30% c. 47% d. 56.1% ANSWER: d POINTS: 1 DIFFICULTY: Easy REFERENCES: Urbanization QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.7 - Understand the challenges and opportunities associated with the world-wide growth in urbanization and why there has been such a major shift from rural to urban areas. 12. What of the following continents is estimated to have 18 megacities? a. Europe b. South America c. Africa d. Asia ANSWER: d POINTS: 1 DIFFICULTY: Medium REFERENCES: Urbanization QUESTION TYPE: Multiple Choice Page 5 HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.7 - Understand the challenges and opportunities associated with the world-wide growth in urbanization and why there has been such a major shift from rural to urban areas. 13. What positive outcomes have occurred in the global economy with increased interdependence? a. Reduced prices b. Limited availability of goods c. Lower employment opportunities d. Higher prices ANSWER: a POINTS: 1 DIFFICULTY: Medium REFERENCES: Globalization QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.5 - Explain the underlying economic basis for international exchange of goods and services for the overall benefit of two or more countries or regions and gain some perspective on the volume and overall importance of the more advanced countries of the world. 14. On the micro level, global interdependence has . a. increased competition b. decreased the level of complexity c. reduced outsourcing d. increased product lifecycles ANSWER: a POINTS: 1 DIFFICULTY: Hard REFERENCES: Globalization QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: LO 1.5 - Explain the underlying economic basis for international exchange of goods and services for the overall benefit of two or more countries or regions and gain some perspective on the volume and overall importance of the more advanced countries of the world. 15. When did the supply chain management concept capture the attention of senior level executives in many organizations? a. 1960s b. 1980s c. 1990s d. 2000s ANSWER: c POINTS: 1 DIFFICULTY: Easy REFERENCES: Supply Chain Concept QUESTION TYPE: Multiple Choice