What type of cargo can the tanker ship carry most often?
Chemical products and oil
Wood
Steel
Beer
For the Roll-on-Roll-off classification, which one transports cars and containers (PCC/PCTC or ConRO)?
Container Vessel + RoRo (ConRo) Ships
RoRo (ConRo) Ships
Container Vessel
Pilot
What kind of speciality vessel is used to maneuvers vessels by pushing or towing them?
Tugs
Pilots
Towlers
Tenders
Since when Shanghai port has surpassed Singapores port?
2010
2008
2011
2012
Mention 3 of the 10 principal countries to which China exports to?
USA, Hong Kong, Japan, South Korea, Vietman, Germany, India, Netherlands, UK, Singapore
Africa
Which are the main products that Shanghai exports?
Mechanical and electrical Products
Oil
Cars
International trade growth was triggered by:
World war II
Because economies of countries benefit by trading
Eastern European countries promoted it
Developed economies imposed it
Bretton Woods 1944 conference created institutions to promote trade. Those institutions were
WTO & IMF
GATT & IMF
WTO & WB
GATT & WB
The treaty of Rome was signed by what countries:
Portugal, Spain, France, Germany, Italy, Netherlands
Spain, France, Germany, Italy, Netherlands, Belgium
France, Germany, Italy, Netherlands, Belgium, Luxemburg
Luxemburg, Portugal, Germany, Italy, Belgium, Netherlands
Author of International Trade Theory that states the comparative advantage of a nation
Heckscher Ohlin
David Ricardo
Adam Smith
Michael Porter
Michael Porters diamond of competitive advantage include the following elements: firm strategy, structure and rivalry, demand conditions, related and supporting industries. What other element is missing?
Absolute advantage
Comparative advantage
Factor endowments
None of the above
One of the historical developments of international logistics is the move towards speed.
This was generated because of Malcolm Mclean idea of containers
This was generated because seaports and stevedores & dockworkers
This was generated because the reduction of inventories
This was generated because the integration of logistics to SCM
Among the greatest challenges that companies involved in trade face is Sustainability. It is achieved by:
Increasing customer demand
Packaging design, transportation choices & supplier selection
Product recalls & tight shipping schedules
Need for flexibility and fuel cost increase
SCM encompases
All logistics management activities
Coordination & collaboration with channel partners & suppliers
Supply & demand management
All of the above
Contribution of Logistics to the GDP of a nation
Has remain constant through the years
It has been increasing through the years
It has been decreasing through the years
The utilities infrastructure include
Electricity, Seaport, and berths
Water & sewer, railroads and telecomm.
Energy pipelines, mail services and warehousing
Electricity, Energy pipelines, Water & sewer
By Bridge clearance we unterstand
A container capacity
Draft of a ship
Position in a seaport where the ship is loaded and unloaded
Minimum space that a ship needs under a ports bridge
Bosphorus strait
Seaport in Turkey
Waterway that connects Russia with Europe
Connects the Lonian sea and the Aegen sea
Connects the Great Lakes with the Lawrence River
Suezmax
It used to be maximum dimension of a ship that could cross the Suez Canal
It used to be maximum dimension of a ship that could cross the Panama Canal
It used to be maximum dimension of a ship that could cross the Bosporus strait
It used to be maximum dimension of a ship that could cross the Lawrence river
The world busiest cargo airport is:
Shanghai airport
Frankfurt airport
Memphis airport
Beijing airport
Technology drivers
Incentive to spread fixed costs over a large number of units
Incentive that drives companies to expand overseas to respond to their competitors more
Incentive to expand overseas because consumers wanted to find their products everywhere
Incentive to be present in Internet to entice consumers everywhere to purchase their products
In Stage 3 of the International Product Life Cycle theory the entity that plays the most important role is
Innovation country
Other advanced countries
Developing countries
International logistics has evolved over time, passing through 4 phases. According to the authors of the text book what is considered to be the second phase of this evolution
Early slow days
Move toward speed
Transformation into strategic advantage
Emphasis on customer satisfaction
The main contribution of the usage of containers in the transortation process
Decreased the problems of transporting goods
Increased the speed with which the goods where transported between ports
Decreased the investment necessary to transport goods
Increased the personnel demanded to upload and download ships
Among the great challenges that companies involved in trade face are
Visibility
Risk management
Sustainability
It is generally accepted that
Logistics management encompasses activities that are distinct and separate from the activities included in supply chain management
Logistics management encompasses activities that are broader than those of supply chain management
Supply chain management encompasses activities that are broader than those of logistics management
Some of the activities of logistics management and some of the activities of supply chain management are similar, but both include distinct and separate activities
Risk Management
Increasing Customer Demand
Process of planning, implementing and controlling the efficient cost effective flow of raw material, in process inventory and finished goods from point of consumption to point of origin is the definition of
Reverse logistics
Multinational reverse logistics
Logistic
International logistic
Of the following the best definition of a logistics infrastructure would be that it consists of
All of the elements in place to facilitat transportation, communication and business exchanges
A countries electrical supply and road network
The amount of computerization a country has
A developed banking system
The perspective of the relation between logistics and supply chain that states that logistics existed before the concept of Supply chain was introduced is
Inclusionist
Evolutionist
Intersectinist
Avoid ships traveling around Africa when they travel from Persian Gulf to Europe
Panama Canal
Bosporus Strait
Saint Lawrence Seaway
Suez Canal
The country that has majority of most important seaports in the world is
Germany
US
China
South Korea
Fluids as natural gas and oil can be transported faster and cheaper by
Train
Pipelines
Trucks
Airplanes
Twenty feet equivalent units is a measure related to
Size of containers
Space under a bridge
The most important cargo seaports considered collectively in the world, based on the TEU's they handle are
German seaports
Singapore seaports
US seaports
Chinese Seaports
Factors that affect order processing time are
Processing priorities
Order-filling accuracy
Shipment consolidation
For a contract to be considered as valid
Is because it has been rejected several times
Many counteroffers have been presented
It has been accepted by both parties
The original offer always has to come from the buyer
The first step in all contract formation is the
Offer
COunteroffer
Rejection
Among the elements of an agency or distributor contract we find
Force majeure, contract language
Good faith, faith
Scope of appointment
If you had to ship fluids e.g. petrol or gas, which is not an option?
Ships
Trains
Planes
The most important container seaport in the world is
Rotterdam
Jebel
Shanghai
Singapore
Which one of the following statements is NOT a responsibility of international logistics managers
Minimizing the risks with international payments
Storing goods while there are not in transit
Understanding risks products face while in transit
Assuring that goods clear customs
The treaty of Rome signed in 1957 lead to the essential creation of the European Union. Four of the countries that did NOT sign the treaty were:
Belgium, Netherlands, Luxemburg, Italy
Belgium, Netherlands, Luxemburg, France
Portugal, Spain, Denmark, UK
Germany, France, Italy, Netherlands
International Institutions created in 1944 designed to facilitate and support international trade
UNCTAD & WTO
IMF & GATT
WTO & GATT
IMF & UNCTAD
GATT led to decreased duty rates from 40% in 1947 to
To average slightly 25%
To average slightly 17%
To average slightly 8%
To average slightly 4%
Cost drivers
Incentive that drives companies to expand overseas to respond to their competitors move
Incentive to be present in internet to entice consumers everywhere to purchase their products
Considered to be among the most importing countries WTO (2012)
Italy, Argentina, Russia
Germany, France, Austria
Japan, Singapore, China
Brasil, Mexico, UK
Proposed the factor endowment theory
Yossi Shelfi
The most famous logistics cluster in Spain is located in
Barcelona
Zaragoza
Madrid
Valencia
The first international logisticians were:
Traders on the silk road
The military that fought in WWII
Courier companies like FedEX, UPS, and DHL
Transport companies that used containers
Activities that are part of Physical Distribution
Purchasing and production planning
Order processing and transportation
Distribution planning and manufacturing inventory
Marketing and Customer Service
Perspective between logistics and supply chain in which logistics appeared before SC is called
Intersectionist
Theory that explains international trade that is divided into stages
International Product Life Cycle Theory
Absolute Advantage
Comparative Advantage
Cluster Theory
TEU
Is the number of tons that can be uploaded onto a ship
Defines the fluid a ship can carry
Is the number of equivalent 20 feet containers
According to the International Product Life cycle theory, the countries most likely to manufacture a product that has been recently developed (one that is the result of a brand-new design and uses patented technology) and is in its first commercialization is/are
The country of innovation only
Developing country
Any country with the manufacturing technology necessary to manufacture it
Other developed nations
In Stage III of the Intern. Product Life Cycle Theory the entity that plays the most important role is
International logistics has evolved over time, passing through 4 stages. According to the authors of the text book what is considered to be the fourth phase of this evolution:
The main contribution of the usage of containers in the transportation process
Increased the speed with which goods were transported between ports
Increased the personell demanded to upload and download ships
Which one was NOT one of the characteristics of the "early days" of logistics
An emphasis on making sure that the goods arrived in good condition
An emphasis on low cost transportation
long transit times
An emphasis on customer satisfaction
Among the activities that not part of logistics we find
Warehousing
Purchasing
Information Services
Order processing
Largest cargo airport
Barajas international airport
Memphis international airport
Houston international airport
Brussels international airport
