Exam 11: Managing International Distribution Operations and Logistics

Webb-Pomerene associations engage in which the following tasks?

Unlike in the case of counterfeit products, it is often not possible to fight gray markets through litigation.

What is a Norazi agent?

Agents and brokers are intermediaries that take title to and possession of the products they carry.

A Norazi agent is an example of an export merchant.

There is currently a shift in sogo shosha activities to more

Which agency funds feasibility studies, training, business workshops, and technical assistance, aimed at infrastructure and industrial projects in developing countries?

The U.S. Trade and Development Agency funds feasibility studies, training, business workshops, and is directly involved in distribution in logistics.

____________________ are families of firms with interlocking stakes in one another.

The Bureau of Export Administration advances U.S. national security, foreign policy, and economic interests by regulating exports of products and technologies that could affect those interests.

Which of the following actually takes title to the products that it sells?

The managing agent, often called the ____________________, has an exclusive arrangement with the company, representing its operations in a particular country; they do not take title to the goods and are usually paid as a percentage of sales of the company they manage.

Sogo shoshas are general trading companies in Japan.

The ___________________________________ in the U.S. Department of Commerce advances U.S. national security, foreign policy, and economic interests by regulating exports of products and technologies that could affect those interests.

The International Chamber of Commerce International Court of Arbitration is the world's leading arbitral institution.

Tankers, barges, and other freighters in the sea and inland waterways account for a substantial proportion of international traffic.

____ are used for intracontinental transportation over long distances of coal, gasoline, forestry products, and grains.

Merchant middlemen are intermediaries that take title to and possession of the products they carry.

The U.S. Commercial Service enforces sanctions against certain countries for the purpose of enforcing national security and foreign policy interests.

About a third of U.S. exports, in terms of dollar amounts, are transported by