Exam 11: Managing International Distribution Operations and Logistics

_________________________ companies are highly specialized in certain industries, such as endoscopic surgery instruments or networking products, and typically represent smaller companies in a region of the country.

Logistics account for about 27 percent of Singapore's GDP.

_________________________ and customs brokers arrange for transportation, customs clearance, and document filing for products exported abroad.

The United States ___________________________________ creates jobs for Americans by helping U.S. companies pursue overseas business opportunities.

Railways are used for the intercontinental transportation over long distances of high-weight, high-volume products that have a low per pound value

In the United States, international distribution and logistics involvement is shared by a number of different government agencies. With which agency are most of the other agencies affiliated?

Why was the Export Trading Company Act established?

Cooperative export arrangements, also referred to as piggybacking or _________________________, involve exporters agreeing to handle export functions for unrelated companies on a contractual basis.

Part of a Webb-Pomerene Association member's income is exempt from U.S. income tax.

Railways remain the primary mode for intracontinental freight transportation.

The ___________________________________ is a business organization that represents enterprises from all sectors in every part of the world engaging in international business. It makes voluntary rules that govern the conduct of business across borders and it provides important services such as the International Court of Arbitration.

Which type of merchant middleman usually purchases commodity goods from the manufacturer to sell to the trade in the target market?

A comprador usually purchases commodity goods from the manufacturer to sell to the trade (wholesaler, retailer, business-to-business client) in the target market.

____ occurs when exporters agree to handle export functions for unrelated companies on a contractual basis.

The _________________________ of the United States is an independent government agency that aids the financing of international sales of U.S. products and services.

Which government agency guarantees loans and makes loans to international buyers of U.S. goods?

If a complementary exporter takes title to the complementary products that it distributes, then it is considered to be a complementary export agent.

The initial channel selection decision is very important since a company may be bound to that relationship and may not legally be allowed to change distributors.

The Ex-Im Bank competes with commercial lenders and insurance firms.

____ are used for intercontinental transportation over long distances of high-weight, high-volume products that have a low per pound value.