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Moving production related operations from foreign countries back to domestic locations is called


A) reverse globalization.
B) inverse trade agreements.
C) The Nationalization of trade movement.
D) None of these answer choices is correct.

E) A) and B)
F) All of the above

Correct Answer

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The trend in distribution that allows companies to focus on their core competencies is called


A) collaborative logistics.
B) distribution outsourcing.
C) cross docking.
D) None of these answer choices is correct.

E) A) and C)
F) None of the above

Correct Answer

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verified

In today's competitive environment, speed is often the most important factor in logistics.

A) True
B) False

Correct Answer

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Postponement moves some manufacturing steps into the warehouse or distribution center.

A) True
B) False

Correct Answer

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The selection of suppliers is called


A) sourcing.
B) outsourcing.
C) procurement.
D) None of these answer choices is correct.

E) C) and D)
F) A) and C)

Correct Answer

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verified

Cross-docking allows a distribution center to direct incoming shipments from one shipping dock to another within 48 hours to fill outgoing orders.

A) True
B) False

Correct Answer

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_________________ is the process of ensuring on-time delivery of customers' orders.


A) Logistics
B) Order fulfillment
C) Customer service.
D) Maintaining inventories

E) A) and B)
F) B) and C)

Correct Answer

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What a company does best is often referred as the firm's core


A) capabilities
B) activities.
C) competencies.
D) competitiveness.

E) A) and D)
F) A) and C)

Correct Answer

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The combination of several modes of transportation is called intermodal transportation.

A) True
B) False

Correct Answer

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Nations have joined together to form trading groups with no


A) import tax.
B) tariffs.
C) duties.
D) All of these answer choices are correct.

E) A) and D)
F) None of the above

Correct Answer

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verified

Procurement involves the selection of a supplier.

A) True
B) False

Correct Answer

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verified

Rival companies pooling their distribution resources to reduce cost are engaging in


A) collaborative logistics.
B) distribution outsourcing.
C) cross docking.
D) None of these answer choices is correct.

E) A) and B)
F) B) and D)

Correct Answer

verifed

verified

Globalization decreases the need for a well-planned domestic supply chains.

A) True
B) False

Correct Answer

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verified

Distribution and transportation are often referred to as


A) logistics.
B) order fulfillment.
C) customer service.
D) maintaining inventories.

E) A) and D)
F) None of the above

Correct Answer

verifed

verified

Outsourcing is a relatively new phenomenon used strictly by multinationals.

A) True
B) False

Correct Answer

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verified

List and discuss the seven different modes of transportation.

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Rail - low value high-density bulk produ...

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