Deck 1: Global Supply Chains: The Role and Importance of Transportation

Question 1

When did the supply chain management concept capture the attention of senior level executives in many organizations:

A) 1960's
B) 1980's
C) 1990's
D) 2000's

Answer 1

B

Question 2

The top 30 countries account for about what percentage of the world's exports:

A) 25%
B) 50%
C) 80%
D) 90%

Answer 2

C

Question 3

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 3

B

Question 4

What area of the world will have the largest number of megacities by 2015?

A) United States
B) South America
C) Africa
D) Asia

Question 5

The volume of global trade over the course of the last 50 years has:

A) Remained almost constant
B) Doubled
C) Tripled
D) Decreased

Question 6

On the micro level,global interdependence has:

A) Increased competition
B) Decreased the level of complexity
C) Reduced outsourcing
D) Increased product lifecycles

Question 7

In 2010,what was the approximate percentage of people in the United States who were 65 or older?

A) 15%
B) 10%
C) 5%
D) 20%

Question 8

In 2030,what is the estimated percentage of the world's population that will live in urban areas?

A) 30%
B) 40%
C) 50%
D) 60%

Question 9

There was spectacular growth in global trends after 1990.Why?

A) Greater acceptance of foreign produced manufactured products.
B) Elimination of trade agreements
C) Higher tariffs
D) All of the above

Question 10

Forward information in the supply chain is utilized to provide:

A) Advanced shipment notices
B) Order status
C) Inventory availability
D) All of the above

Question 11

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 the above

Question 12

Which of the following countries have the largest export trade flows:

A) China
B) U.S.
C) Germany
D) Japan

Question 13

Cash flow is important to organizations producing products for sale because it:

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 the above

Question 14

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

Question 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

Question 16

Which of the following countries had the largest population in 2014?

A) U.S.
B) China
C) India
D) Indonesia

Question 17

Which of the following is consistent with a green supply chain strategy?

A) Reduce packaging materials
B) Ship small loads, more frequently
C) Use motor carriers instead of railroads
D) Shift to a group of suppliers located at a more distant location

Question 18

Which of the following countries is expected to have the largest population in 2050?

A) U.S.
B) China
C) India
D) Indonesia

Question 19

The top importer in the world is:

A) China
B) Germany
C) Japan
D) U.S.

Question 20

Transportation has been described as:

A) The glue that holds the supply chain together
B) The enabler of the underlying tactics and strategies for supply chains
C) An enabler for firms to compete in the growing and complex market place
D) All of the above

Question 21

Why was information technology so impactful for businesses and other organizations?

Question 22

What is a megacity?

Question 23

What other demographics in addition to the size of a country's population are important for economic growth?

Question 24

Describe the three phases of development for supply chain concept.

Question 25

What is a "graying population?"

Question 26

Differentiate between absolute and comparative advantage.

Question 27

Why was the development of the internet such an important external change agent?

Question 28

What is a megacity and why are they important for the future?

Question 29

What is the bullwhip effect and why is it important?

Question 30

What impact has robotics had on supply chains?

Question 31

Explain the three major flows in a supply chain.

Question 32

Describe "3D" printing.

Question 33

What factors have accounted for growth in the volume of global trade?

Question 34

Why has P&G decided to jettison about half of their brands?

Question 35

What are the two important dimensions of technology?