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[ TESTBANK ] for Transportation A Global Supply Chain Perspective , Robert A. Novack 10th Edition - Instant Download TESTBANK

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[ TESTBANK ] for Transportation A Global Supply Chain Perspective , Robert A. Novack 10th Edition - Instant Download TESTBANK

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, TESTBANK for Transportation A Global Supply
Chain Perspective, 10th Edition Robert A. Novack
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,Chapter 01: Global Supply Chains: The Role and Importance of Transportation
1. Transportation has been described as:
a. The glue that holds the supply chain together
b. Challenging and unnecessary
c. A gamechanger
d. Expensive service
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

2. Which of the following countries has the largest export trade flow of merchandise?
a. China
b. United States
c. Germany
d. Japan
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

3. Which of the following countries has the largest import trade flow of merchandise?
a. China
b. United States
c. Germany
d. Japan
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.


Copyright Cengage Learning. Powered by Cognero. Page 1

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation
4. In 2020, the top 30 exporting countries account for what percentage of the world’s export of merchandise trade?
a. 31.7%
b. 85.3%
c. 86.9%
d. 90%
ANSWER: c
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

5. Insight into the health of a supply chain can be gained by review of the volume of global trade and:
a. gross domestic partner
b. gross domestic product
c. global imports only
d. global exports only
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.2 - Discuss the importance of transportation to globalization and how it
contributes to the effective flow of commerce among close and distant regions.

6. Which of the following led to the spectacular growth in global trade between the year 2000 and the present?
a. Greater acceptance of products manufactured in other countries
b. Elimination of trade agreements
c. Higher tariffs
d. The recent pandemic
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

7. Which country is ranked third in both import and export flows of merchandise?
Copyright Cengage Learning. Powered by Cognero. Page 2

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation

a. China
b. Germany
c. Japan
d. United States
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.2 - Discuss the importance of transportation to globalization and how it
contributes to the effective flow of commerce among close and distant regions.

8. Which of the following countries had the largest population in 2022?
a. United States
b. China
c. India
d. Indonesia
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: The Economic Basis and Logic of Improved Global Trade
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth
rate of the major countries of the world and understand how the size of the
population can impact a country positively or negatively.

9. Which of the following countries is expected to have the largest population by 2050?
a. United States
b. China
c. India
d. Indonesia
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: The Economic Basis and Logic of Improved Global Trade
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth
rate of the major countries of the world and understand how the size of the
population can impact a country positively or negatively.

10. In 2020, what percentage of people in the world were 60 years or older?
a. 1.9%
Copyright Cengage Learning. Powered by Cognero. Page 3

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation

b. 11.6%
c. 18.5%
d. 20%
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Contributing Factors for Global Flows and Trade
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.6 - Discuss the size and age distribution of the population and the growth
rate of the major countries of the world and understand how the size of the
population can impact a country positively or negatively.

11. In 2020, what estimated percentage of the world’s population lived in urban areas?
a. 29%
b. 30%
c. 47%
d. 56.1%
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Urbanization
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.7 - Understand the challenges and opportunities associated with the world-
wide growth in urbanization and why there has been such a major shift from rural
to urban areas.

12. What of the following continents is estimated to have 18 megacities?
a. Europe
b. South America
c. Africa
d. Asia
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Urbanization
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.7 - Understand the challenges and opportunities associated with the world-
wide growth in urbanization and why there has been such a major shift from rural
to urban areas.

13. What positive outcomes have occurred in the global economy with increased interdependence?
a. Reduced prices

Copyright Cengage Learning. Powered by Cognero. Page 4

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation

b. Limited availability of goods
c. Lower employment opportunities
d. Higher prices
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Globalization
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.5 - Explain the underlying economic basis for international exchange of
goods and services for the overall benefit of two or more countries or regions and
gain some perspective on the volume and overall importance of the more
advanced countries of the world.

14. On the micro level, global interdependence has ___________.
a. increased competition
b. decreased the level of complexity
c. reduced outsourcing
d. increased product lifecycles
ANSWER: a
POINTS: 1
DIFFICULTY: Hard
REFERENCES: Globalization
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.5 - Explain the underlying economic basis for international exchange of
goods and services for the overall benefit of two or more countries or regions and
gain some perspective on the volume and overall importance of the more
advanced countries of the world.

15. When did the supply chain management concept capture the attention of senior level executives in many
organizations?
a. 1960s
b. 1980s
c. 1990s
d. 2000s
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.5 - Explain the underlying economic basis for international exchange of
goods and services for the overall benefit of two or more countries or regions and
gain some perspective on the volume and overall importance of the more
advanced countries of the world.
Copyright Cengage Learning. Powered by Cognero. Page 5

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation


16. Reverse logistics systems are developed for:
a. returning unacceptable products
b. returning rail box cars
c. eliminating empty back hauls
d. receiving payment from customers
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.3 - Understand how global supply chains can contribute to the competitive
position of countries and allow them to penetrate global markets.

17. Forward information in the supply chain is utilized to:
a. provide advanced shipment notices
b. reduce the need for working capital
c. decrease the visibility of inventory levels
d. Eliminate the empty back hauls
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.3 - Understand how global supply chains can contribute to the competitive
position of countries and allow them to penetrate global markets.

18. Cash flow is important to organizations producing products for sale because it:
a. reduces the need for working capital
b. eliminates the need for checks to pay vendors
c. provides bonus money for employees
d. increases viability of inventory levels
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.3 - Understand how global supply chains can contribute to the competitive
position of countries and allow them to penetrate global markets.

19. Which of the following is not a major flow in a supply chain?
a. Information
Copyright Cengage Learning. Powered by Cognero. Page 6

,Chapter 01: Global Supply Chains: The Role and Importance of Transportation

b. Raw material
c. Financials
d. Products
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.9 - Explain why technology has become such an important ingredient for the
economic progress of companies and countries in today’s global economy and
understand the need for and types of technology.

20. One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:
a. information
b. outsourcing
c. financials
d. transportation
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.9 - Explain why technology has become such an important ingredient for the
economic progress of companies and countries in today’s global economy and
understand the need for and types of technology.

21. Which of the following countries are in the VISTA?
a. Vietnam, Indonesia, South Africa, Turkey, and Argentina
b. Vietnam, Indonesia, Singapore, Thailand, and Australia
c. Vietnam, India, Singapore, Turkey, and Argentina
d. Vietnam, India, South Africa, Thailand, and Australia
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

22. Which of the following countries are in the BRIC?
a. China, Bulgaria, Romania, and Indonesia

Copyright Cengage Learning. Powered by Cognero. Page 7

, Chapter 01: Global Supply Chains: The Role and Importance of Transportation

b. Brazil, Russia, India, and China
c. Mexico, Honduras, Panama, and El Salvador
d. Britain, Canada, Italy, and Russia
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.1 - Appreciate why efficient transportation systems are so critical to advance
the growth and development of regions and countries, and how they contribute to
social and political systems as well as national defense.

23. Adam Smith wrote a book entitled:
a. The China Syndrome
b. Total Cost of Transport
c. The Logistician’s Guide
d. The Wealth of Nations
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Global Supply Chain Flows
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.3 - Understand how global supply chains can contribute to the competitive
position of countries and allow them to penetrate global markets.

24. Another name for the extended enterprise perspective of the supply chain is:
a. boundary spanning
b. slow and low
c. flat earth
d. absolute advantage
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: Supply Chain Concept
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO 1.3 - Understand how global supply chains can contribute to the competitive
position of countries and allow them to penetrate global markets.

25. The size of a country’s population is important because:
a. governments must provide food
b. land use increases
c. labor is a prime factor for economic growth
Copyright Cengage Learning. Powered by Cognero. Page 8

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