WGU D470 Practice Quizzes Sections 1 – 4• Questions
With Logical Solutions
D470 Practice Quizzes Sections 1 and 2
Which area of protection on the World Trade Organization's (WTO) list of
permitted prohibitions and restrictions includes copyrights? Accurate
Answer:- Industrial and commercial intellectual property
That's right! The WTO's industrial and commercial intellectual property
protections include copyrights.
What is a key element of logistics? Accurate Answer:- Warehousing is
an element of logistics.
How do logistics and supply chain management relate to one another?
Accurate Answer:- Logistics is a subset of supply chain management, which
covers additional activities beyond logistics. Supply chain management covers
upstream logistics and activities related to suppliers and downstream logistics
related to customers.
Which distribution channel focuses on transactions and the nonphysical
movement of goods? Accurate Answer:- Trading
That's right! A trading channel is a nonphysical distribution channel focusing
on transactions and the nonphysical movement of goods.
What distribution channel refers to the physical distribution channels that
allow businesses to move physical goods directly to end customers?
Accurate Answer:- Direct distribution
True or False
Large companies tend to have proportionately lower logistics costs than
smaller companies. Accurate Answer:- This statement is true. Large
companies tend to have proportionately lower logistics costs than smaller
companies because large companies can benefit from economies of scale.
,True or False
When making strategic decisions about logistics and distribution systems, the
total system should be considered, not just an individual element or
subsystem in isolation. Accurate Answer:- This statement is true.
Consideration of the total system helps one avoid making a suboptimal
decision that may be good for an element in a system but not an overall
system.
How is vehicle leasing advantageous to a vehicle operator? Accurate
Answer:- The operator knows the fixed cost of a vehicle while having full
use of the vehicle.
That's right! Operator benefits from leasing include having known, recurring,
fixed costs over a period of time.
Which mode of transport involves moving goods in a single container or
vehicle by successive modes of transport without directly handling the goods
when changing modes? Accurate Answer:- Intermodal
Which mode of transport allows freight to be carried securely for very long
distances in a short amount of time? Accurate Answer:- Air
That's right! Air transport allows freight to be carried securely for very long
distances in a short amount of time.
True or False
The key considerations to selecting appropriate transport modes are
operational factors, transport mode characteristics, consignment factors, and
cost and service requirements. Accurate Answer:- This statement is
true. All four considerations are necessary when selecting appropriate
transportation modes.
True or False
Railways play a key role in transporting intermodal containers as well as bulk
freight. Accurate Answer:- This statement is true. Railways play a key
role in transporting intermodal containers.
, Which product characteristic is addressed when using a drawbar trailer outfit
to transport products? Accurate Answer:- Volume-to-weight ratio
That's right! A drawbar trailer outfit is used to increase vehicle capacity and
decrease the transportation costs of moving high-volume products.
Why is it helpful for businesses to have distribution centers and warehouses?
Accurate Answer:- To hold inventory and provide better customer service
That's right! Having warehouses or distribution centers to hold inventory
means that the products have less out-of-stock opportunities to meet
customer demands.
Which function provides internal source inputs to the sales and operations
(S&OP) process? Accurate Answer:- Finance
That's right! The finance department is one of the internal source inputs to the
S&OP process.
True or False
The four stages of the product life cycle are introductory, growth, maturity,
and decline. Accurate Answer:- This statement is true. The product life
cycle consists of those four stages.
True or False
Logistics managers can contribute to and benefit from logistics planning in an
organization's overall corporate strategy by making decisions about how to
market products. Accurate Answer:- This statement is false. Logistics
managers do not make decisions about how to market products. Instead,
those activities typically lie within sales and marketing functions.
Which type of logistics focuses on moving products from customers or
destinations for disposal or to recapture the value? Accurate Answer:-
Reverse
That's right! Reverse logistics focuses on moving products from customers or
destinations for the purpose of recapturing the value or disposal.
With Logical Solutions
D470 Practice Quizzes Sections 1 and 2
Which area of protection on the World Trade Organization's (WTO) list of
permitted prohibitions and restrictions includes copyrights? Accurate
Answer:- Industrial and commercial intellectual property
That's right! The WTO's industrial and commercial intellectual property
protections include copyrights.
What is a key element of logistics? Accurate Answer:- Warehousing is
an element of logistics.
How do logistics and supply chain management relate to one another?
Accurate Answer:- Logistics is a subset of supply chain management, which
covers additional activities beyond logistics. Supply chain management covers
upstream logistics and activities related to suppliers and downstream logistics
related to customers.
Which distribution channel focuses on transactions and the nonphysical
movement of goods? Accurate Answer:- Trading
That's right! A trading channel is a nonphysical distribution channel focusing
on transactions and the nonphysical movement of goods.
What distribution channel refers to the physical distribution channels that
allow businesses to move physical goods directly to end customers?
Accurate Answer:- Direct distribution
True or False
Large companies tend to have proportionately lower logistics costs than
smaller companies. Accurate Answer:- This statement is true. Large
companies tend to have proportionately lower logistics costs than smaller
companies because large companies can benefit from economies of scale.
,True or False
When making strategic decisions about logistics and distribution systems, the
total system should be considered, not just an individual element or
subsystem in isolation. Accurate Answer:- This statement is true.
Consideration of the total system helps one avoid making a suboptimal
decision that may be good for an element in a system but not an overall
system.
How is vehicle leasing advantageous to a vehicle operator? Accurate
Answer:- The operator knows the fixed cost of a vehicle while having full
use of the vehicle.
That's right! Operator benefits from leasing include having known, recurring,
fixed costs over a period of time.
Which mode of transport involves moving goods in a single container or
vehicle by successive modes of transport without directly handling the goods
when changing modes? Accurate Answer:- Intermodal
Which mode of transport allows freight to be carried securely for very long
distances in a short amount of time? Accurate Answer:- Air
That's right! Air transport allows freight to be carried securely for very long
distances in a short amount of time.
True or False
The key considerations to selecting appropriate transport modes are
operational factors, transport mode characteristics, consignment factors, and
cost and service requirements. Accurate Answer:- This statement is
true. All four considerations are necessary when selecting appropriate
transportation modes.
True or False
Railways play a key role in transporting intermodal containers as well as bulk
freight. Accurate Answer:- This statement is true. Railways play a key
role in transporting intermodal containers.
, Which product characteristic is addressed when using a drawbar trailer outfit
to transport products? Accurate Answer:- Volume-to-weight ratio
That's right! A drawbar trailer outfit is used to increase vehicle capacity and
decrease the transportation costs of moving high-volume products.
Why is it helpful for businesses to have distribution centers and warehouses?
Accurate Answer:- To hold inventory and provide better customer service
That's right! Having warehouses or distribution centers to hold inventory
means that the products have less out-of-stock opportunities to meet
customer demands.
Which function provides internal source inputs to the sales and operations
(S&OP) process? Accurate Answer:- Finance
That's right! The finance department is one of the internal source inputs to the
S&OP process.
True or False
The four stages of the product life cycle are introductory, growth, maturity,
and decline. Accurate Answer:- This statement is true. The product life
cycle consists of those four stages.
True or False
Logistics managers can contribute to and benefit from logistics planning in an
organization's overall corporate strategy by making decisions about how to
market products. Accurate Answer:- This statement is false. Logistics
managers do not make decisions about how to market products. Instead,
those activities typically lie within sales and marketing functions.
Which type of logistics focuses on moving products from customers or
destinations for disposal or to recapture the value? Accurate Answer:-
Reverse
That's right! Reverse logistics focuses on moving products from customers or
destinations for the purpose of recapturing the value or disposal.