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Logistics 2.1.2
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Questions in this quiz (60)
1The perspective of the relation between Logistics and Supply Chain that states that Logistics is part of it is:
- AInclusionist
- BEvolutionist
- CIntersectionist
- DNone of the above
2Completion of life cycle, repair, defective and reusage of package are:
- AReasons for Supply Chain
- BReasons for Logistics
- CReasons for Reverse Logistics
- DNone of the above
3Of the following, the best definition of a logistics infrastructure would be that it consists of
- AAll of the elements in place to facilitate transportation, communication, and business exchanges
- BA country's electrical supply and road network
- CThe amount of computerization a country has
- DA developed banking system
4Three of the most important seaports in Mexico regarding TEU's are:
- AAcapulco, Altamira & Lázaro Cárdenas
- BManzanillo, Lázaro, Cárdenas & Veracruz
- CEnsenada, Lázaro Cárdenas & Progreso
- DDos Bocas, Ensenada, Topolobampo
5The country that has majority of most important 10 seaports in the world is:
- AGermany
- BUS
- CChina
- DSouth Korea
6Unless otherwise specified, contracts between an exporter and an agent and contracts between an exporter and a distributor are called _______ .
- AContract law
- BLabor law
- CCommon law
- DDistribution contract
7In the event that one of the parties to a contract does not meet its obligation, that party can be found to have broken the terms of the contract, or to be
- ABrach of the contract
- BCounteroffering
- CRejecting a contract
- DCreating a new contract
8Courts in _______ do not consider jurisprudence of other countries or decisions made by international bodies
- AFrance
- BUSA
- CUK
- DMexico
9Which of the following elements is not part of a agency or distributor contract
- ARegistration
- BTerritory
- CScope of appointment
- DForce majeure
10Litigation
- AProcess by which parties to a contract can settle a dispute involving courts of a country chosen
- BProcess by which parties to a contract can attempt to settle a dispute, generally involving a third independent party who can suggest a compromise solution
- CProcess by which the parties to a contract can settle a dispute, involving a panel of arbitrators
- DNone of the above
11Competition driver is when companies enter foreign markets to keep up with its competitors, retaliate against them or enter a market first.
- ATrue
- BFalse
12Countries that signed the Treaty of Rome, considered the basis of the European Union, are Netherlands, Luxemburg, Belgium, Portugal, France and Italy.
- ATrue
- BFalse
13Germany is among the most importing and exporting countries of the world.
- ATrue
- BFalse
14Repair and refurbish are considered activities of market value for companies that put in practice reverse logistics.
- ATrue
- BFalse
15Even though logistics, in terms of percentage of the GDP, is decreasing it remains a very important industry for countries that trade.
- ATrue
- BFalse
16Depth of water is not a relevant variable for ships to take into account when they are headed to a seaport.
- ATrue
- BFalse
17The least expensive mode of transportation is railroad transportation.
- ATrue
- BFalse
18China is the country that has more seaports on the list of seaports that move more TEU's per year.
- ATrue
- BFalse
19Arbitration is a dispute resolution process that involves a third party and suggest a compromise resolution.
- ATrue
- BFalse
20Force Majeure, a clause suggested to be included in a distribution contract that releases parties from their obligations due to events outside of their control.
- ATrue
- BFalse
21The perspective of the relation between Logistics and Supply Chain that states that Logistics is part of it:
- AInclusionist
- BEvolusionist
- CIntersectionist
- DNone of the above
22The most expensive transportation mode is:
- AAir
- BRailroad
- CRoad
- DOcean
23Freight forwarders
- AProvide significant assistance to firms engage in international trade by helping determine the best shipping alternative
- BProvide assistance to importers when clearing customs
- CAllow firms to ship documents and small parts using the next available flight
- DNone of the above
24When we compare landline penetration with cellphone penetration in countries, we find that:
- ALandline per capita is the same as cellphones per capita
- BLandline per capita is greater than cellphones per capita
- CLandline per capita is smaller than cellphones per capita
- DNone of the above
25In term of appointment in an agency or distributor contract refers to:
- ADuration of appointment of the representative
- BFunction that a representative will perform
- CProcess whereby an agent or distributor has to notify the government of importing country
- DNone of the above
26Specifies the location of the court that will be used to render a judgement in case of a dispute
- AChoice of venue
- BChoice of law
- CGood Faith
- DScope of appointment
27Which one of the following statements is not a responsibility of logistics managers:
- AAssuring that goods are accompanied by the proper documents to clear customs
- BMaximizing risks with international payment
- CAssuring that goods are packaged properly
- DStoring goods in warehouses & distribution centers while they are not in transit
28Considered to be international trade milestones
- ACreation of the IMF
- BTreaty of Rome
- CCreation of the WTO
- DAll of the above
29WTO
- Aled the decrease of duty rates from 40% to 4%
- BEstablished the international system of payment
- CEncharge of enforcing free trade
- DNone of the above
30Considered to be among the major exporting countries (WTO 2012)
- ACanada, France, Germany
- BChina, Malaysia, Spain
- CBelgium, Argentina, Singapore
- DPoland, Austria, Brazil
31___________ is formed when companies in the same industry, as well as their suppliers, concentrate in a geographic area.
- ACluster
- BFactor endowment
- CAbsolute advantage
- DComparative advantage
32Which of the following is NOT an attribute of competitive advantage:
- AFirm strategy, structure, rivalry
- BRelating and supporting industries
- CDemand conditions
- DInnovation
33Allows businesses to find agents and distributors, to develop wholesale and retail channels, and promote their products
- ABanking infrastructure
- BBusiness Service infrastructure
- CDistribution infrastructure
- DAll of the above
34The less expensive transportation mode is
- AAir
- BRailroad
- CRoad
- DOcean and water
35Depth of water in a port
- ADefines the time of the day that a ship can get in to a port for loading and unloading goods
- BConstraint that defines the type of vessels that can come in to a port for loading and unloading goods
- CDefines the number of ships that can be operated in a port
- DDoes not has to be considered for serving a ship
36Custom brokers
- AProvide significant assistance to firms engage in international trade by helping determine the best shipping alternative
- BProvide assistance to importers when clearing customs
- CAllow firms to ship documents and small parts using the next available flight
- DNone of the above
37The term of appointment in an agency or distributor contract refers to:
- ADuration of appointment of the representative
- BFunction that a representative will perform
- CProcess whereby an agent or distributor has to notify the government of importing country
- DNone of the above
38Countries economies benefit because of:
- AWorld War 2
- BTrade
- CPopulation growth
- DPopulation wellbeing
39Understanding trade-offs between different modes of transportation is the responsibility of:
- ALogistics manager
- BCFO
- CCEO
- DManufacturing manager
40Among the responsibilities of International Logistics Manager we find:
- AString the goods in appropriate warehouses when they are in transit
- BAssuring that goods are packed
- CAssuring that goods are accompanied by the proper documents
- DAssigning responsibilities to the importer
41______________ led to decrease of duty rates from 40% to slightly above 4%
- AWTO
- BIMF
- CUN
- DGATT
42Which of the following countries did not sign the 1957 Treaty of Rome
- ANetherlands and Belgium
- BUK and Luxemburg
- CFrance & Spain
- DPortugal and Denmark
43International trade drivers
- ARevenue, competitive, market & technology
- BCost, competitive, market & technology
- CCost, suppliers, segment & technique
- DRevenue, suppliers, segment & technique
44The reduction on tariffs achieved through the GATT were made through a process named:
- AAgreement negotiations
- BRounds
- CBilateral agreements
- DNone of the above
45In logistics clusters the logistics suppliers (even though they are competitors), help each other. Why?
- ABecause they are partners
- BBecause they complement each other
- CBecause they set services prices through agreements
- DBecause they help to attract new customers
46The international trade theory that states that over its life a product will be manufactured in different types of countries and in stages, generating trade between countries is:
- ATheory of comparative advantage
- BTheory of absolute advantage
- CInternational product life cycle
- DFactor endowment
47Stage of the historical development of logistics where firms provided reduce shipping time and time defined deliveries:
- AThe early slow days
- BThe move toward speed
- CCustomer satisfaction
- DStrategic advantage
48Region of the world where sustainable practices are more developed?
- ANorth America
- BWestern Europe
- CAsia Pacific
- DNone of the above
49Allows goods to move efficiently within a country and between countries
- ATransportation infrastructure
- BCommunication infrastructure
- CDistribution infrastructure
- DStandard infrastructure
50Which one of the stages of the historical development of logistics is highly related with the appearance of containers?
- AThe early slow days
- BThe move towards speed
- CCustomer satisfaction
- DStrategic advantage
51Process that plans for parts to arrive on the assembly line just before they are needed
- AJust in time
- BMaterial Requirement Planning
- CManufacturing Requirement Planning
- DDistribution Resource Planning
52Logistics is part of the ________________ process that plans, implements and controls the efficient forward and reverse flow of goods, services and related information between the point of origin to the point of consumption to meet customer's requirements.
- APhysical distribution
- BTransportation
- CCustomer service
- DSupply chain
53Which one of the following statements is NOT considered to be an element of international logistics
- AThe inherent risks and hazards of international transportation
- BTerms of trade
- CCrossing borders
- DWarehousing
54Among the elements considered as international infrastructure we find the following:
- ATransportation & communications
- BCommunications & utilities
- CLegal and regulatory infrastructure
- DAll of the above
55Tool that allows a retail firm to determine what to order from its suppliers, in which quantity, and when, in function of what it sells to retail customers:
- AMaterials Resource Planning
- BDistribution Resource Planning
- CJust in Time
- DNone of the above
56In which region of the world logistics economic importance is the highest in terms of billions of dollars
- ACentral and South America
- BEurope
- CNorth America
- DAsia Pacific
57Form of dispute resolution in which a panel is asked to reach a decision on the last facts of the dispute. The decision of the panel is binding.
- AArbitration
- BMediation
- CLitigation
- DNone of the above
58If the second party does not accept all the terms of the original offer
- AAcceptance
- BRejection
- CCounteroffer
- DNone of the above
59Specifies which country's laws will be used in case of a dispute between parts
- AChoice of venue
- BChoice of law
- CGood Faith
- DScope of appointment
60Lead to the essential creation of the European Union
- AWTO
- BBretten Woods Conference
- CGATT
- DThe Treaty of Rome
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- Quiz on Logistics 2.1.2, created by Luisa Reichenbach on 19/02/2020.
- Author
- Luisa Reichenbach
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- English
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