BMGT372 C12 EXAM QUESTIONS WITH
ACCURATE ANSWERS
The rapid growth of globalization and global trade are a result of:
a) Information technology
b) Transportation
c) Rising global incomes
d) All of the above
e) None of the above - ANSWER d) all of the above
For supply chain management, globalization trends have resulted in:
a) Less competition
b) Greater competition
c) Greater coordination
d) Fewer markets
e) b and c - ANSWER e) greater competition, greater coordination
Environmental factors that must be considered in a global supply chain strategy
include:
a) Lead time
b) Supplier quality
c) Political
d) Demographic
e) c and d - ANSWER e) political, demographic
Supply chain benefits that can be achieved through a global strategy include:
a) Economies of scale
b) Product complexity
c) Political risk
d) Total cost reduction
e) Variable lead times - ANSWER a) economies of scale
Barriers to implementing an effective global strategy include:
a) Management of overall costs
b) Risk of political instability
c) Exchange rate risks
d) Longer lead times
e) All of the above - ANSWER e) all of the above
Unexpected costs that can arise from trade at a global level include:
a) Border delays
b) Increased transit times
c) Tariffs
d) Higher inventory
, e) All of the above - ANSWER e) all of the above
A well-functioning _________________ is critical for transporting products into
global markets.
a) Technology system
b) Culture
c) Infrastructure
d) Political system
e) All of the above - ANSWER c) infrastructure
Environmental regulations are an example of a ________ factor impacting global
supply chains.
a) Cultural
b) Political
c) Technological
d) Economical
e) Financial - ANSWER b) political
Work ethic and gender roles are examples of a ____________ factor impacting
global supply chains.
a) Cultural
b) Political
c) Technological
d) Economical
e) Financial - ANSWER a) cultural
The profile of the global consumer has changed to put greater emphasis on
__________.
a) Standardized products
b) Individualism
c) Customized products
d) Technology
e) b and c - ANSWER e) individualism, customized products
A _________ marketing approach focuses on bringing standardization to the
global market.
a) Local
b) Strategic
c) Tactical
d) Global
e) Segmented - ANSWER d) global
A ____________marketing approach focuses on bringing customization to global
consumers.
a) Local
b) Strategic
ACCURATE ANSWERS
The rapid growth of globalization and global trade are a result of:
a) Information technology
b) Transportation
c) Rising global incomes
d) All of the above
e) None of the above - ANSWER d) all of the above
For supply chain management, globalization trends have resulted in:
a) Less competition
b) Greater competition
c) Greater coordination
d) Fewer markets
e) b and c - ANSWER e) greater competition, greater coordination
Environmental factors that must be considered in a global supply chain strategy
include:
a) Lead time
b) Supplier quality
c) Political
d) Demographic
e) c and d - ANSWER e) political, demographic
Supply chain benefits that can be achieved through a global strategy include:
a) Economies of scale
b) Product complexity
c) Political risk
d) Total cost reduction
e) Variable lead times - ANSWER a) economies of scale
Barriers to implementing an effective global strategy include:
a) Management of overall costs
b) Risk of political instability
c) Exchange rate risks
d) Longer lead times
e) All of the above - ANSWER e) all of the above
Unexpected costs that can arise from trade at a global level include:
a) Border delays
b) Increased transit times
c) Tariffs
d) Higher inventory
, e) All of the above - ANSWER e) all of the above
A well-functioning _________________ is critical for transporting products into
global markets.
a) Technology system
b) Culture
c) Infrastructure
d) Political system
e) All of the above - ANSWER c) infrastructure
Environmental regulations are an example of a ________ factor impacting global
supply chains.
a) Cultural
b) Political
c) Technological
d) Economical
e) Financial - ANSWER b) political
Work ethic and gender roles are examples of a ____________ factor impacting
global supply chains.
a) Cultural
b) Political
c) Technological
d) Economical
e) Financial - ANSWER a) cultural
The profile of the global consumer has changed to put greater emphasis on
__________.
a) Standardized products
b) Individualism
c) Customized products
d) Technology
e) b and c - ANSWER e) individualism, customized products
A _________ marketing approach focuses on bringing standardization to the
global market.
a) Local
b) Strategic
c) Tactical
d) Global
e) Segmented - ANSWER d) global
A ____________marketing approach focuses on bringing customization to global
consumers.
a) Local
b) Strategic
