IB 439 Quizzes 1-8 Questions and Answers Already Passed
Globalization is the process of international integration arising from the interchange of the
following factors except:
A. Ideas/Culture
B. World Views
C. Products
D. The Increased Role of National Government/Nation States - Answers D. 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. Dissemination of Misconceptions
B. Capital Investment and Movements
C. Migration and Movement of People
D. Trade and Transactions - Answers A. Dissemination of Misconceptions
Indicate from the statements below, which one is an ADVANTAGE of Globalization:
A. Impact on inequality, the gap between the poor and the rich
B. Lower prices with high quality
C. Non-controlled circulation of money
D. Impact on small businesses - Answers B. Lower prices with high quality
Indicate from the statements below, which one is a DISADVANTAGE of Globalization:
A. Increase in production and consumption
B. Increase in welfare and prosperity
C. Increase in industrialization
D. Impact of the mix of cultures - Answers D. Impact of the mix of cultures
Indicate from the statements below, which one IS NOT an impact of Globalization to Supply
Chain Management:
A. Changing Demographics, Wealth Distribution, and Urbanization
,B. Reduced Complexity
C. Global Trade Growth
D. Increased Risk and Uncertainty - Answers B. 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. shorter, more consistent, and less flexible
D. longer, less consistent, and less flexible - Answers D. longer, less consistent, and less flexible
Indicate from the statements below, which one IS NOT a challenge of Global Logistics:
A. Increased risk of supply chain disruptions
B. Decreasing consumer expectations of quality and service
C. Governmental rules and regulations across the global supply chain
D. Coordination between partners to integrate supply and demand - Answers B. Decreasing
consumer expectations of quality and service
Complete the figure below from the 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) National Strategic Disadvantage, (II) Balanced Global and National Strategic Advantage, (III)
Global Strategic Disadvantage
C. (I) Global Strategic Disadvantage, (II) Balanced Global and National Strategic Advantage, (III)
National Strategic Disadvantage
D. (I) Global Strategic Disadvantage, (II) National Strategic Disadvantage, (III) Balanced Global
and National Strategic Advantage - Answers B. (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 assess the impact of distance
on various industries. The upper part of the framework lists the key attributes underlying the
four dimensions of distance (C,A,G,E) and the lower portion shows how they affect different
products and industries. The four dimensions of distance are:
, A. Coordination, Alliance, Geographic, Economic
B. Cultural Administrative, Geographic, Environment
C. Cultural, Administrative, Geographic, Economic
D. Coordination, Administrative, Geographic, Environment - Answers C. 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?
A. Products that have a low value-to-weight or bulk ratio
B. Products that are vital to national security
C. Products that have a high linguist content
D. Products that the demand varies with income level - Answers A. Products that have a low
value-to-weight or bulk ratio
In the last 20 years, World Trade Volumes (Exports and Imports) have:
A. decreased at an increased rate
B. increased at a decreased rate
C. decreased at a decreased rate
D. increased at an increased rate - Answers D. increased at an increased rate
A ________ is a type of intergovernmental agreement,often part of a regional intergovernmental
organization,where barriers to trade (tariffs and others) are reduced oreliminated among the
participating states.
A. Foreign Trade Zone
B. International Trade Center
C. Trade Bloc
D. Trade Hub - Answers C. Trade Bloc
The Volume of World Merchandise Trade can be measured by the average of exports and
imports. In 2022, the world's leading country in merchandise trade was:
A. China
B. United States of America
Globalization is the process of international integration arising from the interchange of the
following factors except:
A. Ideas/Culture
B. World Views
C. Products
D. The Increased Role of National Government/Nation States - Answers D. 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. Dissemination of Misconceptions
B. Capital Investment and Movements
C. Migration and Movement of People
D. Trade and Transactions - Answers A. Dissemination of Misconceptions
Indicate from the statements below, which one is an ADVANTAGE of Globalization:
A. Impact on inequality, the gap between the poor and the rich
B. Lower prices with high quality
C. Non-controlled circulation of money
D. Impact on small businesses - Answers B. Lower prices with high quality
Indicate from the statements below, which one is a DISADVANTAGE of Globalization:
A. Increase in production and consumption
B. Increase in welfare and prosperity
C. Increase in industrialization
D. Impact of the mix of cultures - Answers D. Impact of the mix of cultures
Indicate from the statements below, which one IS NOT an impact of Globalization to Supply
Chain Management:
A. Changing Demographics, Wealth Distribution, and Urbanization
,B. Reduced Complexity
C. Global Trade Growth
D. Increased Risk and Uncertainty - Answers B. 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. shorter, more consistent, and less flexible
D. longer, less consistent, and less flexible - Answers D. longer, less consistent, and less flexible
Indicate from the statements below, which one IS NOT a challenge of Global Logistics:
A. Increased risk of supply chain disruptions
B. Decreasing consumer expectations of quality and service
C. Governmental rules and regulations across the global supply chain
D. Coordination between partners to integrate supply and demand - Answers B. Decreasing
consumer expectations of quality and service
Complete the figure below from the 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) National Strategic Disadvantage, (II) Balanced Global and National Strategic Advantage, (III)
Global Strategic Disadvantage
C. (I) Global Strategic Disadvantage, (II) Balanced Global and National Strategic Advantage, (III)
National Strategic Disadvantage
D. (I) Global Strategic Disadvantage, (II) National Strategic Disadvantage, (III) Balanced Global
and National Strategic Advantage - Answers B. (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 assess the impact of distance
on various industries. The upper part of the framework lists the key attributes underlying the
four dimensions of distance (C,A,G,E) and the lower portion shows how they affect different
products and industries. The four dimensions of distance are:
, A. Coordination, Alliance, Geographic, Economic
B. Cultural Administrative, Geographic, Environment
C. Cultural, Administrative, Geographic, Economic
D. Coordination, Administrative, Geographic, Environment - Answers C. 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?
A. Products that have a low value-to-weight or bulk ratio
B. Products that are vital to national security
C. Products that have a high linguist content
D. Products that the demand varies with income level - Answers A. Products that have a low
value-to-weight or bulk ratio
In the last 20 years, World Trade Volumes (Exports and Imports) have:
A. decreased at an increased rate
B. increased at a decreased rate
C. decreased at a decreased rate
D. increased at an increased rate - Answers D. increased at an increased rate
A ________ is a type of intergovernmental agreement,often part of a regional intergovernmental
organization,where barriers to trade (tariffs and others) are reduced oreliminated among the
participating states.
A. Foreign Trade Zone
B. International Trade Center
C. Trade Bloc
D. Trade Hub - Answers C. Trade Bloc
The Volume of World Merchandise Trade can be measured by the average of exports and
imports. In 2022, the world's leading country in merchandise trade was:
A. China
B. United States of America
