Question 1

The institutional context in which a commodity chain is embedded may be related to:

Accepted Answer

A)  International rules and agreements 
B)  Host country government regulations and preferences 
C)  Third-party monitoring activity 
D)  All of the above 
E)  None of the above 
A)  International rules and agreements 
B)  Host country government regulations and preferences 
C)  Third-party monitoring activity 
D)  All of the above 
E)  None of the above

Question 2

Retailers and brand-name merchandisers are collectively known as ________________ in a commodity chain analysis because they source their manufactured commodities from suppliers all over the world.

Accepted Answer

A)  Buyers 
B)  Producers 
C)  Intermediaries 
D)  Tertiaries 
E)  None of the above 
A)  Buyers 
B)  Producers 
C)  Intermediaries 
D)  Tertiaries 
E)  None of the above

Question 3

A commodity is simply something useful that enters the market and is:

Accepted Answer

A)  Traded 
B)  Available for purchase at a price 
C)  Freely available and freely exchanged 
D)  All of the above 
E)  None of the above 
A)  Traded 
B)  Available for purchase at a price 
C)  Freely available and freely exchanged 
D)  All of the above 
E)  None of the above

Question 4

Waste disposal and recycling are often assumed to be the ___________ stage in a linear and sequential process.

Accepted Answer

A)  Primary 
B)  Initial 
C)  Final 
D)  All of the above 
E)  None of the above 
A)  Primary 
B)  Initial 
C)  Final 
D)  All of the above 
E)  None of the above

Question 5

Standards apply to which aspect of the commodity chain?

Accepted Answer

A)  Health 
B)  Environment 
C)  Labor conditions 
D)  All of the above 
E)  None of the above 
A)  Health 
B)  Environment 
C)  Labor conditions 
D)  All of the above 
E)  None of the above

Question 6

Buyer-driven commodity chains are common in __________________ consumer goods sectors, such as clothing, footwear, toys, and handicrafts.

Accepted Answer

A)  Household 
B)  Labor-intensive 
C)  Extraneous 
D)  All of the above 
E)  None of the above 
A)  Household 
B)  Labor-intensive 
C)  Extraneous 
D)  All of the above 
E)  None of the above

Question 7

_______________ commodity chains are one of the primary organizational features of the world economy.

Accepted Answer

A)  Commercial 
B)  Global 
C)  Local 
D)  All of the above 
E)  None of the above 
A)  Commercial 
B)  Global 
C)  Local 
D)  All of the above 
E)  None of the above

Question 8

Informal institutional frameworks describe ______________________ ways-of-doing business that relate to the entrepreneurial and political cultures of particular places.

Accepted Answer

A)  More tangible, dispersed 
B)  Uncharted, undefined 
C)  Less tangible, place-specific 
D)  All of the above 
E)  None of the above 
A)  More tangible, dispersed 
B)  Uncharted, undefined 
C)  Less tangible, place-specific 
D)  All of the above 
E)  None of the above

Question 9

Every commodity chain is delineated by a particular sequence of _______________ activities.

Accepted Answer

A)  Value-consuming 
B)  Value-adding 
C)  Value-diminishing 
D)  All of the above 
E)  None of the above 
A)  Value-consuming 
B)  Value-adding 
C)  Value-diminishing 
D)  All of the above 
E)  None of the above

Question 10

Coffee as a commodity provides a livelihood for some ______________ coffee-farming families around the world.

Accepted Answer

A)  1 billion 
B)  100 million 
C)  25 million 
D)  1 million 
E)  100,000 
A)  1 billion 
B)  100 million 
C)  25 million 
D)  1 million 
E)  100,000

Question 11

In the internet era, there is evidence that new forms of infomediaries with extensive access to ___________________________ may play an increasingly important role in mediating global production activity.

Accepted Answer

A)  Currency exchange 
B)  Manufacturing facilities 
C)  Online consumer information 
D)  All of the above 
E)  None of the above 
A)  Currency exchange 
B)  Manufacturing facilities 
C)  Online consumer information 
D)  All of the above 
E)  None of the above

Question 12

Global commodity chains reveal the dynamics of _________________ competition.

Accepted Answer

A)  Interplace 
B)  Commonplace 
C)  Home-grown 
D)  All of the above 
E)  None of the above 
A)  Interplace 
B)  Commonplace 
C)  Home-grown 
D)  All of the above 
E)  None of the above

Question 13

This term refers to the sequence and range of actors involved in a particular commodity chain:

Accepted Answer

A)  Input-output structure 
B)  Input-cost estimate 
C)  Output-expenditure matrix 
D)  All of the above 
E)  None of the above 
A)  Input-output structure 
B)  Input-cost estimate 
C)  Output-expenditure matrix 
D)  All of the above 
E)  None of the above

Question 14

Discuss the particular sequence of value-adding activities that take place in the global coffee commodity chain. Who benefits, and by how much, at each stage of this sequence?

Accepted Answer

The global coffee commodity chain involv

Question 15

Over _______ of the world's coffee is grown in some 60 countries in the developing world (Central and Latin America, Africa, and East and Southeast Asia):

Accepted Answer

A)  90% 
B)  70% 
C)  50% 
D)  30% 
E)  10% 
A)  90% 
B)  70% 
C)  50% 
D)  30% 
E)  10%

Question 16

The certification or accreditation of standards (i.e., the assessment of whether they have been met) may be undertaken by:

Accepted Answer

A)  Public entities 
B)  Private entities 
C)  Not-for-profit entities 
D)  All of the above 
E)  None of the above 
A)  Public entities 
B)  Private entities 
C)  Not-for-profit entities 
D)  All of the above 
E)  None of the above

Question 17

The exchange value of a commodity is also known as the:

Accepted Answer

A)  Price 
B)  Stock 
C)  Outcome 
D)  All of the above 
E)  None of the above 
A)  Price 
B)  Stock 
C)  Outcome 
D)  All of the above 
E)  None of the above

Question 18

The geographical __________________ of economic activity refers to how some kinds of interactions within commodity chains will take place within the same locality.

Accepted Answer

A)  Expansion 
B)  Distantiation 
C)  Clustering 
D)  All of the above 
E)  None of the above 
A)  Expansion 
B)  Distantiation 
C)  Clustering 
D)  All of the above 
E)  None of the above

Question 19

Describe three fundamental differences between producer-driven and buyer-driven commodity chains.

Accepted Answer

Producer-driven and buyer-driven commodi

The institutional context in which a commodity chain is embedded may be related to:

Retailers and brand-name merchandisers are collectively known as ________________ in a commodity chain analysis because they source their manufactured commodities from suppliers all over the world.

A commodity is simply something useful that enters the market and is:

Waste disposal and recycling are often assumed to be the ___________ stage in a linear and sequential process.

Standards apply to which aspect of the commodity chain?

Buyer-driven commodity chains are common in __________________ consumer goods sectors, such as clothing, footwear, toys, and handicrafts.

_______________ commodity chains are one of the primary organizational features of the world economy.

Informal institutional frameworks describe ______________________ ways-of-doing business that relate to the entrepreneurial and political cultures of particular places.

Every commodity chain is delineated by a particular sequence of _______________ activities.

Coffee as a commodity provides a livelihood for some ______________ coffee-farming families around the world.

In the internet era, there is evidence that new forms of infomediaries with extensive access to ___________________________ may play an increasingly important role in mediating global production activity.

Global commodity chains reveal the dynamics of _________________ competition.

This term refers to the sequence and range of actors involved in a particular commodity chain:

Discuss the particular sequence of value-adding activities that take place in the global coffee commodity chain. Who benefits, and by how much, at each stage of this sequence?

Over _______ of the world's coffee is grown in some 60 countries in the developing world (Central and Latin America, Africa, and East and Southeast Asia):

The certification or accreditation of standards (i.e., the assessment of whether they have been met) may be undertaken by:

The exchange value of a commodity is also known as the:

The geographical __________________ of economic activity refers to how some kinds of interactions within commodity chains will take place within the same locality.

Describe three fundamental differences between producer-driven and buyer-driven commodity chains.

Thinking Geographically

The Economy: What Does It Mean

Capitalism in Motion: Why Is Economic Growth so Uneven

The Statewho Runs the Economy

Environmenteconomy:

Labor Power: Can Workers Shape

Making Money: Why Has Finance

Technological Changeis the World Getting Smaller

The Transnational Corporationhow Does the Global Firm Keep It All Together

Spaces of Salehow and Where Do We Shop

Clusterswhy Do Proximity and Place Matter

Gendered Economies: Does Gender Shape Economic Lives

Ethnic Economiesdo Cultures Have Economies

Consumptionyou Are What You Buy

Economic Geography: Intellectual Journeys and Future Horizons

Filters

Exam 8: Commodity Chainswhere Does

The institutional context in which a commodity chain is embedded may be related to:

Retailers and brand-name merchandisers are collectively known as ________________ in a commodity chain analysis because they source their manufactured commodities from suppliers all over the world.

A commodity is simply something useful that enters the market and is:

Waste disposal and recycling are often assumed to be the ___________ stage in a linear and sequential process.

Standards apply to which aspect of the commodity chain?

Buyer-driven commodity chains are common in __________________ consumer goods sectors, such as clothing, footwear, toys, and handicrafts.

_______________ commodity chains are one of the primary organizational features of the world economy.

Informal institutional frameworks describe ______________________ ways-of-doing business that relate to the entrepreneurial and political cultures of particular places.

Every commodity chain is delineated by a particular sequence of _______________ activities.

Coffee as a commodity provides a livelihood for some ______________ coffee-farming families around the world.

In the internet era, there is evidence that new forms of infomediaries with extensive access to ___________________________ may play an increasingly important role in mediating global production activity.

Global commodity chains reveal the dynamics of _________________ competition.

This term refers to the sequence and range of actors involved in a particular commodity chain:

Discuss the particular sequence of value-adding activities that take place in the global coffee commodity chain. Who benefits, and by how much, at each stage of this sequence?

Over _______ of the world's coffee is grown in some 60 countries in the developing world (Central and Latin America, Africa, and East and Southeast Asia):

The certification or accreditation of standards (i.e., the assessment of whether they have been met) may be undertaken by:

The exchange value of a commodity is also known as the:

The geographical __________________ of economic activity refers to how some kinds of interactions within commodity chains will take place within the same locality.

Describe three fundamental differences between producer-driven and buyer-driven commodity chains.

Thinking Geographically

The Economy: What Does It Mean

Capitalism in Motion: Why Is Economic Growth so Uneven

The Statewho Runs the Economy

Environmenteconomy:

Labor Power: Can Workers Shape

Making Money: Why Has Finance

Technological Changeis the World Getting Smaller

The Transnational Corporationhow Does the Global Firm Keep It All Together

Spaces of Salehow and Where Do We Shop

Clusterswhy Do Proximity and Place Matter

Gendered Economies: Does Gender Shape Economic Lives

Ethnic Economiesdo Cultures Have Economies

Consumptionyou Are What You Buy

Economic Geography: Intellectual Journeys and Future Horizons

Filters