Book Title; Author

Chapter 13 - Multiple Choice Quiz

1.
What is the most basic goal of logistics management?
A.
The effective coordination of materials management
B.
The effective coordination of physical distribution
C.
To optimise the firm's operations as a whole in order to achieve maximum cost effectiveness
D.
The logistical integration of the firm's subdivisions
E.
To ensure that all decisions are made logically


2.
__________ is(are) crucial to maintaining manufacturing costs at globally competitive levels.
A.
Physical distributions
B.
JIT inventory systems
C.
Materials management
D.
Supply-value management
E.
Logistic inventory


3.
______ carry standardised containers that greatly facilitate the loading and unloading of cargo and intermodal transfers.
A.
Roll-on-roll-off ships
B.
Bulk ships
C.
Container ships
D.
Airlines
E.
Trucking companies


4.
______ becomes extremely important as corporations increasingly obtain products from and send them to multiple locations around the world.
A.
Transit location
B.
Cost
C.
International marketing
D.
Reliability
E.
Tracking


5.
The total time that passes between the placement of an order and the receipt of the merchandise is called ______.
A.
product life cycle
B.
order cycle time
C.
transit time
D.
product cycle time
E.
gap-bridge


6.
Reverse logistics
A.
is the handling and disposition of returned products and use of related materials and information.
B.
eliminates gatekeeping of returns.
C.
eliminates disposition of returns.
D.
involves poor financial, warehouse and transportation management.
E.
all of the above.


7.
All but which of the following are examples of stresses in intermodal movement?
A.
Vibrations
B.
Swaying
C.
Yawing
D.
Centrifugal forces
E.
Weight


8.
A foreign trade zone is
A.
any foreign port where a company has an established market.
B.
an area where no duties are incurred.
C.
an area where duties are levied.
D.
the area where all foreign goods enter a country.
E.
the area where all foreign trade offices are located .


9.
Export processing zones usually provide _____________ treatment for production facilities whose output is destined for abroad.
A.
low tax and duty free
B.
rapid and low cost
C.
low tax and low duty
D.
tax- and duty-free
E.
none of the above


10.
Special tariff-free areas where there are substantial tax incentives and low prices for land and labour to which the government hopes to attract foreign direct investment are termed
A.
export processing zones.
B.
special economic zones.
C.
foreign trade zones.
D.
overseas trade zones.
E.
local trade zones.

 

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