Quiz 1 to 3

Question 1

1. The top 30 countries account for about what percentage of the world’s exports:
   a. 25%
   b. 50%
   c. 80%
   d. 90%

Answer 1

c. 80%

Question 2

2. The volume of global trade over the course of the last 50 years has:
   a. Remained almost constant
   b. Doubled
   c. Tripled
   d. Decreased

Answer 2

b. Doubled

Question 3

3. 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

Answer 3

a. Greater acceptance of foreign produced manufactured products.

Question 4

4. 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

Answer 4

a. Reduce packaging materials

Question 5

5. Transportation efficiency promotes __________ in the supply chain.
   a. intermodal demand
   b. KPIs
   c. capacity
   d. competition

Answer 5

d. competition

Question 6

6. This mode of transportation is the one most often used in intermodal shipments.
   a. Air
   b. Motor carrier
   c. Rail
   d. Ocean

Answer 6

b. Motor carrier

Question 7

7. Railroads fall into a group called
   a. nonintegrated carriers.
   b. intermodal operators.
   c. natural monopolies.
   d. service challenged carriers.

Answer 7

c. natural monopolies.

Question 8

Which management area in an organization does not normally have transportation responsibility?
a. marketing
b. manufacturing
c. procurement
d. logistics

Answer 8

b. manufacturing

Question 9

What group of 3PLs does not own equipment, they instead arrange transportation services?
a. Forwarder based
b. Financial based
c. Distribution based
d. Transportation based

Answer 9

a. Forwarder based

Question 10

As of 2013 the 3PL industry produced revenues of:
a. $704 Billion
b. $487 Billion
c. $74 Trillion
d. $998 Million

Answer 10

a. $704 Billion

Question 11

What is a reason for using 3PL services?
a. Outsourcing is not a corporate philosophy
b. Logistics is a core competency of the company
c. Company needs greater process flexibility
d. Company requires shipment security

Answer 11

c. Company needs greater process flexibility

Question 12

Which strategic requirement involves 3PLs supporting home delivery, manufacturer direct delivery, and alternate site delivery?
a. International expertise
b. Sustainability knowledge
c. Omni-channel agility
d. Talent availability

Answer 12

c. Omni-channel agility