Exam 3: Global Dimensions of Supply Chains

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A firm using air transportation cannot use the same packaging for international shipping as for domestic shipping because many cargo aircraft are not pressurized.

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As market forces continue to exert pressure on companies to improve profitability, the quest for lower-cost manufacturing has been a factor in the relocation of manufacturing from Mexico to ________ ?

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What are the three phases of globalization? Pick one and discuss.

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Discuss how companies and economies can increase their wealth.

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An importer can store goods in a bonded warehouse for up to three years without paying duty.

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The Supply Chain should

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There are four modes used for international shipments. Name them, and discuss one mode's role in international logistics.

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The North American Free Trade Agreement has removed all trade barriers between the U.S., Canada, and Mexico.

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Define and discuss NAFTA.

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Globalization was initially driven by countries

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A demand-driven system is also known as

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These are designated by the U.S. secretary of the treasury for the purpose of storing, repacking, sorting or cleaning imported merchandise entered for warehousing without paying import duties while the goods are in storage.

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A Foreign Freight Forwarder is unregulated by the government.

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Which category of ocean shipping offers set schedules over specified sea routes?

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Globalization is not considered to be one of the external factors driving change in logistics.

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A critical ingredient for the Third Era of globalization is:

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Goods can be stored in a bonded warehouse

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The third era of globalization is said to have begun around the year 2000. The significant characteristic of this era is that it is being powered by individuals and smaller organizations in contrast to the countries of the first era and the large companies of the second era.

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A maquiladora plant can be located anywhere in South America.

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Define the difference between an Export Management Company and an Export Trading Company. Explain why a firm would want to use either.

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