MGT 408 FINAL EXAM REVIEW QUESTIONS |
VERIFIED ACCURATE ANSWERS | 2026
What is the process that creates an efficient flow of goods between supply chain
partners, allowing profits and competitive advantage to be maximized called? -
Answers -Logistics
What are the different types of deep-sea transportation water carriers? Which one of
them carries the majority of the world's water-transported manufactured goods? -
Answers -Supertankers, and containerships.
One of the modes of transportation is the most flexible mode of transportation and
accounts for 70 percent of all the freight tonnage moved in the U.S. - Answers -Motor
Carriers
Which one of the modes of cargo transport is characterized as the most inexpensive,
very slow, and good for transporting very heavy goods over a long-distance? - Answers
-Water Carriers
Name all of the intermodal transportation alternatives? - Answers -Truck trailer-on-
flatcar, roll-on-roll-off, piggyback service
Name the first major transportation regulation in the U.S. - Answers -Granger Laws
Why is it good to deregulate transportation? - Answers -It encourages competition and
protects consumers in terms of monopoly pricing. It also ensures adequate
transportation service throughout the country.
What is NAFTA adoption beneficial? - Answers -It helps to increase trade among the
following three countries: U.S., Canada, and Mexico
What can result from a mistake in the supply chain? - Answers -It can cause a firm to
carry more safety stock; cost may increase due to expedited deliveries; and the level of
customer service may drop.
What is reverse logistics also known as? - Answers -Returns management
What is customer churn? - Answers -The process of reducing the number of customers
who don't return.
What is the most basic activity of CRM? - Answers -Segmenting customers.
VERIFIED ACCURATE ANSWERS | 2026
What is the process that creates an efficient flow of goods between supply chain
partners, allowing profits and competitive advantage to be maximized called? -
Answers -Logistics
What are the different types of deep-sea transportation water carriers? Which one of
them carries the majority of the world's water-transported manufactured goods? -
Answers -Supertankers, and containerships.
One of the modes of transportation is the most flexible mode of transportation and
accounts for 70 percent of all the freight tonnage moved in the U.S. - Answers -Motor
Carriers
Which one of the modes of cargo transport is characterized as the most inexpensive,
very slow, and good for transporting very heavy goods over a long-distance? - Answers
-Water Carriers
Name all of the intermodal transportation alternatives? - Answers -Truck trailer-on-
flatcar, roll-on-roll-off, piggyback service
Name the first major transportation regulation in the U.S. - Answers -Granger Laws
Why is it good to deregulate transportation? - Answers -It encourages competition and
protects consumers in terms of monopoly pricing. It also ensures adequate
transportation service throughout the country.
What is NAFTA adoption beneficial? - Answers -It helps to increase trade among the
following three countries: U.S., Canada, and Mexico
What can result from a mistake in the supply chain? - Answers -It can cause a firm to
carry more safety stock; cost may increase due to expedited deliveries; and the level of
customer service may drop.
What is reverse logistics also known as? - Answers -Returns management
What is customer churn? - Answers -The process of reducing the number of customers
who don't return.
What is the most basic activity of CRM? - Answers -Segmenting customers.
