,Test Bank For Transportation 9th Edition
Chapter 1. Global Supply Chains: Role and Importance of Transportation
Chapter 1. Global Supply Chains: Role and Importance of Transportation
1. Adam Smith wrote a book entitled:
Adam Smith wrote a book entitled:
a. The China Syndrome
b. Total Cost of Transport
c. The Logistician’s Guide
*d. Wealth of Nations
2. Advantages to globalization include:
Advantages to globalization include:
a. Lower prices
b. Wider availability of goods and services
c. New employment opportunities
*d. All of these are correct.
3. Another name for the Extended Enterprise perspective of the Supp
Another name for the Extended Enterprise perspective of the Supply Chain is:
*a. Boundary Spanning
b. Slow and Low
c. Flat Earth
d. Absolute Advantage
4. Cash flow is important to organizations producing products for s
Cash flow is important to organizations producing products for sale because it:
*a. Reduces the need for working capital
b. Eliminates the need for checks to pay vendors
c. Provides bonus money for employees
d. None of these are correct
5. Describe âœ3Dâ printing.
Describe “3D” printing.
Correct Answer(s):
6. Describe the three phases of development for supply chain concep
Describe the three phases of development for supply chain concept.
Correct Answer(s):
7. Differentiate between absolute and comparative advantage.
Differentiate between absolute and comparative advantage.
1
,Test Bank For Transportation 9th Edition
Chapter 1. Global Supply Chains: Role and Importance of Transportation
Correct Answer(s):
8. Explain the three major flows in a supply chain.
Explain the three major flows in a supply chain.
Correct Answer(s):
9. Forward information in the supply chain is utilized to provide:
Forward information in the supply chain is utilized to provide:
a. Advanced shipment notices
b. Order status
c. Inventory availability
*d. All of these are correct
10. In 2010, what was the approximate percentage of people in the Un
In 2010, what was the approximate percentage of people in the United States who
were 65 or older?
*a. 15%
b. 10%
c. 5%
d. 20%
11. In 2030, what is the estimated percentage of the world’s popul
In 2030, what is the estimated percentage of the world’s population that will live in
urban areas?
a. 30%
b. 40%
c. 50%
*d. 60%
12. One effective method to reduce the bullwhip effect in a supply c
One effective method to reduce the bullwhip effect in a supply chain is to replace
inventory with:
*a. Information
b. Outsourcing
c. TOFC service
d. Transportation
13. On the micro level, global interdependence has:
On the micro level, global interdependence has:
2
, Test Bank For Transportation 9th Edition
Chapter 1. Global Supply Chains: Role and Importance of Transportation
*a. Increased competition
b. Decreased the level of complexity
c. Reduced outsourcing
d. Increased product lifecycles
14. Reverse logistics systems are developed for:
Reverse logistics systems are developed for:
*a. Returning unacceptable products
b. Returning rail box cars
c. Eliminating empty back hauls
d. Receiving payment from customers
15. There was spectacular growth in global trends after 1990. Why?
There was spectacular growth in global trends after 1990. Why?
*a. Greater acceptance of foreign produced manufactured products.
b. Elimination of trade agreements
c. Higher tariffs
d. All of these are correct
16. The size of a countryâ™s population is important because:
The size of a country’s population is important because:
a. Governments must provide food
b. Land use increases
*c. Labor is a prime factor for economic growth
d. Transportation networks must be developed
17. The top 30 countries account for about what percentage of the wo
The top 30 countries account for about what percentage of the world’s exports:
a. 25%
b. 50%
*c. 80%
d. 90%
18. The top importer in the world is:
The top importer in the world is:
a. China
b. Germany
c. Japan
*d. U.S.
19. The volume of global trade over the course of the last 50 years
The volume of global trade over the course of the last 50 years has:
3
Chapter 1. Global Supply Chains: Role and Importance of Transportation
Chapter 1. Global Supply Chains: Role and Importance of Transportation
1. Adam Smith wrote a book entitled:
Adam Smith wrote a book entitled:
a. The China Syndrome
b. Total Cost of Transport
c. The Logistician’s Guide
*d. Wealth of Nations
2. Advantages to globalization include:
Advantages to globalization include:
a. Lower prices
b. Wider availability of goods and services
c. New employment opportunities
*d. All of these are correct.
3. Another name for the Extended Enterprise perspective of the Supp
Another name for the Extended Enterprise perspective of the Supply Chain is:
*a. Boundary Spanning
b. Slow and Low
c. Flat Earth
d. Absolute Advantage
4. Cash flow is important to organizations producing products for s
Cash flow is important to organizations producing products for sale because it:
*a. Reduces the need for working capital
b. Eliminates the need for checks to pay vendors
c. Provides bonus money for employees
d. None of these are correct
5. Describe âœ3Dâ printing.
Describe “3D” printing.
Correct Answer(s):
6. Describe the three phases of development for supply chain concep
Describe the three phases of development for supply chain concept.
Correct Answer(s):
7. Differentiate between absolute and comparative advantage.
Differentiate between absolute and comparative advantage.
1
,Test Bank For Transportation 9th Edition
Chapter 1. Global Supply Chains: Role and Importance of Transportation
Correct Answer(s):
8. Explain the three major flows in a supply chain.
Explain the three major flows in a supply chain.
Correct Answer(s):
9. Forward information in the supply chain is utilized to provide:
Forward information in the supply chain is utilized to provide:
a. Advanced shipment notices
b. Order status
c. Inventory availability
*d. All of these are correct
10. In 2010, what was the approximate percentage of people in the Un
In 2010, what was the approximate percentage of people in the United States who
were 65 or older?
*a. 15%
b. 10%
c. 5%
d. 20%
11. In 2030, what is the estimated percentage of the world’s popul
In 2030, what is the estimated percentage of the world’s population that will live in
urban areas?
a. 30%
b. 40%
c. 50%
*d. 60%
12. One effective method to reduce the bullwhip effect in a supply c
One effective method to reduce the bullwhip effect in a supply chain is to replace
inventory with:
*a. Information
b. Outsourcing
c. TOFC service
d. Transportation
13. On the micro level, global interdependence has:
On the micro level, global interdependence has:
2
, Test Bank For Transportation 9th Edition
Chapter 1. Global Supply Chains: Role and Importance of Transportation
*a. Increased competition
b. Decreased the level of complexity
c. Reduced outsourcing
d. Increased product lifecycles
14. Reverse logistics systems are developed for:
Reverse logistics systems are developed for:
*a. Returning unacceptable products
b. Returning rail box cars
c. Eliminating empty back hauls
d. Receiving payment from customers
15. There was spectacular growth in global trends after 1990. Why?
There was spectacular growth in global trends after 1990. Why?
*a. Greater acceptance of foreign produced manufactured products.
b. Elimination of trade agreements
c. Higher tariffs
d. All of these are correct
16. The size of a countryâ™s population is important because:
The size of a country’s population is important because:
a. Governments must provide food
b. Land use increases
*c. Labor is a prime factor for economic growth
d. Transportation networks must be developed
17. The top 30 countries account for about what percentage of the wo
The top 30 countries account for about what percentage of the world’s exports:
a. 25%
b. 50%
*c. 80%
d. 90%
18. The top importer in the world is:
The top importer in the world is:
a. China
b. Germany
c. Japan
*d. U.S.
19. The volume of global trade over the course of the last 50 years
The volume of global trade over the course of the last 50 years has:
3
