Globalization is the process of international integration arising from the interchange of the
following factors, EXCPET:
a. world views
b. products
c. the increased role of national government/ nation states
d. ideas/ culture - Answers the increased role of national government / nation states
In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization,
which are listed below, EXCEPT:
a. trade and transactions
b. migration and movement of people
c. dissemination of misconceptions
d. capital and investment movements - Answers dissemination of misconceptions
Indicate from the statements below, which one is an advantage of globalization
a. impact on small business
b. non-controlled circulation of money
c. impact on inequality, the gap between poor and rich
d. lower prices with high quality - Answers lower prices with high quality
Indicate from the statements below, which one is a disadvantage of globalization
a. impact on the mix of cultures
b. increase in welfare and prosperity
c. increase in industrialization
,d. increase in production and consumption - Answers Impact on the mix of cultures
Indicate from the statements below, which one is NOT an impact of globalization to supply
chain management
a. global trade growth
b. increased risk and uncertainty
c. changing demographics, wealth redistribution, and urbanization
d. reduced complexity - Answers reduced complexity
When compared to domestic logistics, International logistics performance cycles are _________
a. shorter, less consistent, and less flexible
b. longer, more consistent, and less flexible
c. longer, less consistent, and less flexible
d. shorter, more consistent, and less flexible - Answers longer, less consistent, and less flexible
Indicate from the statements below, which one is NOT a challenge of global logistics
a. governmental rules and regulations across the global supply chain
b. increased risk of supply chain disruptions
c. coordination between partners to integrate supply and demand
d. decreasing consumer expectations if quality and service - Answers decreasing consumer
expectations if quality and service
Complete the figure below from article (1989) Yip - Global Strategy in a World of Nations:
a. (I) National Strategic Disadvantage (II) Global Strategic Disadvantage (III) Balanced Global
and National Strategic Advantage
b. (I) Global Strategic Disadvantage (II) National Strategic Disadvantage (III) Balanced Global
, and National Strategic Advantage
c. (I) Global Strategic Disadvantage (II) Balanced Global and National Strategic Advantage (III)
National Strategic Disadvantage
d. (I) National Strategic Disadvantage (II) Balanced Global and National Strategic Advantage (III)
Global Strategic Disadvantage - Answers d. (I) National Strategic Disadvantage (II) Balanced
Global and National Strategic Advantage (III) Global Strategic Disadvantage
In the article (2001) Ghemawat - Distance Still Matters, the author presents the CAGE distance
framework. The CAGE framework helps managers identify and asses the impact of distance on
various industries. The upper part of the framework lists the key attributes underlying the four
dimensions of distance (CAGE), and the lower portion shows how they affect different products
and industries. The four dimensions of distance are:
Cultural, Administrative, Geographic, Economic
Coordination, Alliances, Geographic, Economic
Coordination, Administrative, Geographic, Environment
Cultural, Administrative, Geographic, Environment - Answers Cultural, Administrative,
Geographic, Economic
Using the CAGE framework, presented in the article (2001) Ghemawat - Distance Still Matters,
which product from the list below would experience a higher impact on Geographic Distance?
products that are vital to national security
products that have a high linguist content
products that have a low value-to-weight or bulk ratio
products that the demand varies with income level - Answers products that have a low value-to-
weight or bulk ratio
In the last 20 years, World Trade Volumes (exports and imports) have: