Q 26 Find the best answer
What is the most important denomination
for foreign exchange?
a. US dollar
b. Japanese yen
d. British pound
e. None of the above
Q - 27
A(n) _ sets limits on how many of a
particular good may be imported i
Which of the following represents
set of definitions for international terms
a. International Commercial Terms
b. Uniform Commercial Code
c. General Agreement on Tariffs
d. International Chamber of Com
16 September 2015
Case Study 2 Wanxiang Group
1.) Lu Guanqiu, the current founder and Chairman for the Wanxiang Group, started from humble
beginnings, but was able to persist and work his way to the top of Chinas current largest
Case Study 4: Toys RUs Japan
1.) Japans distribution system is a multilayered one . In most instances, there were between 3 and 5
layers of intermediaries within a given distribution channel . Primary wholesalers, generally affiliated
INTERNATIONAL TRADE DRIVERS
Distribution Channel, Documentation/Communication channel,
Transaction channel all work together to make the supply chain work
Trade growth rates are generally less than that of the GDP growth
throughout the world
An irregular route unscheduled ocean
carrier is known as a _ carrier.
A fixture is _
a. a technique used by international freight
forwarders to get reduced rates
b. an ocean carr
With respect to payment modes, the most
safe option for the exporter is _.
letter of credit
cash in advance
none of the above
Among other reasons, international
transactions are perceived t
The most common function of labeling is to
a. deter theft
b. provide handling instructions
c. protect the product
d.describe the contents of a package
e.declare the country of origin
A _ is used to transfer responsibility and
A private company in the business of collecting
freight, usually small shipments destined to the
same port, into container-load lots is known as
a. export packer
b. freight forwarder
c. non-vessel operating common carrier
Which of the following represents the preferred
set of definitions for international terms of sale?
a.International Commercial Terms
b.Uniform Commercial Code
c.General Agreement on Tariffs and Trade
d.International Chamber of Commerce
As a defense measure to keep invading military troops from
using their railroads, Spain and Russia:
a. built explosives into bridges and tunnels.
b. made drive controls in locomotives opposite to what they
were in the rest of Europe.
c. developed wid
Each of the following is a logistics function,
(a) customer service
(b) handling returns
(c) traffic management
(e) all of the above are logistics functions
Q-2 : Choose the best answer
Logistics had its first a
Q - 41
The following is true:
a. A U.S.-based student buying a textbook produced for
the international (i.e., non-U.S.) market is an example
of commercial diversion.
b. When a firms products enter the gray market, the firm
always loses revenues.
c. An Ame
What is the largest single commodity, by
weight volume, to move by sea?
Q - 52
What is the primary reason that US ship owners
use a flag of convenience?
a. registration fees are too
01/26/2017: International Supply Chain Logistics
What is supply Chain Management?
Putting logistics into the value chain context: We will focus on the Primary Activities
Processes Included in SCM: SUPPLY CHAIN MGT = LOGISTICS