Transportation: A Global Supply Chain Perspective 9th Edition by Robert A. Novack Test bank

12. What positive outcomes have occurred in the global economy with increase interdependence:
a.  Lower prices
b.  Wider availability of goods
c.  New employment opportunities
d.  All of these are correct
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Page 19
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:19 AM
DATE MODIFIED: 3/16/2018 2:27 PM
13. On the micro level, global interdependence has:
a.  Increased competition
b.  Decreased the level of complexity
c.  Reduced outsourcing
d.  Increased product lifecycles
ANSWER: a
POINTS: 1
DIFFICULTY: Hard
REFERENCES: Page 19
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:24 AM
DATE MODIFIED: 8/13/2015 1:03 AM
14. When did the supply chain management concept capture the attention of senior level executives in many
organizations:
Chapter 01: Global Supply Chains: The Role and Importance of Transportation
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a.  1960’s
b.  1980’s
c.  1990’s
d.  2000’s
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Page 19
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:28 AM
DATE MODIFIED: 8/13/2015 1:03 AM
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15. Reverse logistics systems are developed for:
a.  Returning unacceptable products
b.  Returning rail box cars
c.  Eliminating empty back hauls
d.  Receiving payment from customers
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Page 23
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:29 AM
DATE MODIFIED: 8/13/2015 1:03 AM
16. Forward information in the supply chain is utilized to provide:
a.  Advanced shipment notices
b.  Order status
c.  Inventory availability
d.  All of these are correct
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Page 25
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:31 AM
DATE MODIFIED: 3/16/2018 2:33 PM
17. Cash flow is important to organizations producing products for sale because it:
Chapter 01: Global Supply Chains: The Role and Importance of Transportation
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a.  Reduces the need for working capital
b.  Eliminates the need for checks to pay vendors
c.  Provides bonus money for employees
d.  None of these are correct
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Pages 25-26
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:33 AM
DATE MODIFIED: 3/16/2018 2:45 PM
18. Which one of the following is not one of the major flows in a supply chain?
a.  Information
b.  Water
c.  Financials/ cash
d.  Products
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Page 23
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:36 AM
DATE MODIFIED: 8/13/2015 1:03 AM
19. One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:
a.  Information
b.  Outsourcing
c.  TOFC service
d.  Transportation
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Page 25
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:37 AM
DATE MODIFIED: 8/13/2015 1:03 AM
20. Which of the following is consistent with a green supply chain strategy?
a.  Reduce packaging materials
b.  Ship small loads, more frequently
Chapter 01: Global Supply Chains: The Role and Importance of Transportation
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c.  Use motor carriers instead of railroads
d.  Shift to a group of suppliers located at a more distant location
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Page 24
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 8/8/2015 2:40 AM
DATE MODIFIED: 8/13/2015 1:03 AM
21. Which of the following countries are in the BRIC?
a.  China, Bulgaria, Romania, and Indonesia
b.  Brazil, Russia, India, and China
c.  Mexico, Honduras, Panama, and El Salvador
d.  Britain, Canada, Italy, and Russia
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Page 3
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/8/2018 2:01 AM