Ch 7-8 Flashcards
There are three main types of licensing agreements:
A) retailing, rebranding, consultation
B) exclusive distribution, importing, exporting
C) manufacturing,distribution and franchising
D) none of the above
C
Purchasing shoes from an online retailer is an example of A)B2C B) B2B C) B2G D) none of the above
A
Containerization has made intermodal shipping possible because:
A) standard size containers fit on all transport methods
B) designed to stack and load with hooks
C) easy to use, and secure
D) all of the above
D
Production logistics primarily manages A) inventory and quality control B) transportation C) cash flow and physical distribution D) all of the above
D
Which is true about the supply chain
A) full truckloads increases transport costs
B) oil prices have no effect on domestic shipments
C) domestic sources make a simpler and shorter supply chain
D) none of the above
D
Logistics is originally what kind of term A) scientific B) military C) medical D) political
B
A company owns all steps of the supply chain. This is A) a centralized strategy B) a decentralized strategy C) horizontal integration D) vertical integration
D
Which is an important part of cash flow management A) SKU B) JIT inventory system C) letter of credit D) receiving process
C
Insourcing is
a) relocating resources to starting country
B) transfer of major functions to another country
C) contract functions to domestic businesses
D) set up domestic divisions to manage previously international functions
D
T or F
fashion is important in japan, being out of style loses face
True
T or f
The easiest way to enter foreign markets is through e commerce
True
T or f
Store managers are a part of logistics by ensuring enough products are in stock to satisfy consumer demands
True
T or f
Domestic laws products companies doing international business
False
T or f
Canada is the largest source of outsourcing for American call centers
False
T or f
Off shoring is the same as outsourcing
False