International Logistics and Supply Chain Management
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Questions and Answers

What is a major difference between international and local logistics?

  • International logistics is mainly used for domestic shipments
  • International logistics requires more specialized equipment
  • International logistics is only used for shipping hazardous materials
  • International logistics is more complicated due to crossing international borders (correct)
  • Why have international logistics become more important in recent years?

  • Because of the lack of skilled workers in logistics
  • Due to the growth of economies and increased specialization (correct)
  • Due to the decrease in global trade
  • Because of the increasing cost of transportation
  • What is an advantage of operating internationally?

  • Limited access to new markets
  • Reduced competition
  • Higher costs for transportation
  • Increased access to skilled workers and education (correct)
  • What is a consequence of increased globalization for businesses?

    <p>Increased need for international logistics</p> Signup and view all the answers

    Why is it important for businesses to operate internationally?

    <p>To stay competitive in the global market</p> Signup and view all the answers

    What is a major advantage of having dedicated people, services, and technology to spot and respond to threats to reliability?

    <p>Making an international operation more dependable</p> Signup and view all the answers

    What is the result of being a reliable company that gets customers what they need, when they need it, at a fair price?

    <p>Building loyalty and attracting customers</p> Signup and view all the answers

    What is the primary competitive advantage of an international supply chain?

    <p>Reliability and timely delivery</p> Signup and view all the answers

    What is the primary challenge that firms face when entering international markets?

    <p>Managing multiple tax regimes</p> Signup and view all the answers

    What is the main benefit of excellent visibility in supply chain management?

    <p>Being able to track every parcel, every order, and every unit in real-time</p> Signup and view all the answers

    What is the main goal of international logistics in terms of cost?

    <p>Achieving cost efficiency</p> Signup and view all the answers

    Why is building relationships important in international logistics?

    <p>To build trust and loyalty with customers</p> Signup and view all the answers

    What is a common threat to timeliness and predictability in international logistics?

    <p>Delays in processing and mistakes in filling out forms</p> Signup and view all the answers

    What is the result of having a reliable international logistics operation?

    <p>Survival of the business</p> Signup and view all the answers

    What is a key difference between global and international logistics?

    <p>Scope of operations</p> Signup and view all the answers

    Why do firms enter international markets?

    <p>To increase market share and revenue</p> Signup and view all the answers

    What is the second goal of international logistics?

    <p>Achieving reliability</p> Signup and view all the answers

    What is a necessary condition for achieving clarity on goals and problems in international logistics?

    <p>Translating languages and industry-specific jargon</p> Signup and view all the answers

    What is a major challenge in ensuring compliance with government rules and regulations in international logistics?

    <p>Differing laws and regulatory frameworks in each country</p> Signup and view all the answers

    Why is it essential to consult an expert attorney in international logistics?

    <p>To navigate complex regulatory frameworks</p> Signup and view all the answers

    What is a potential consequence of sudden political changes in a country?

    <p>Changes in visa requirements for traveling employees</p> Signup and view all the answers

    What is a potential impact of a labor strike on a port's operations?

    <p>Delayed shipments and supply chain disruptions</p> Signup and view all the answers

    What is a common challenge in integrating data from different tracking systems?

    <p>Incompatibility of data formats</p> Signup and view all the answers

    What is the primary objective of international logistics operations?

    <p>To ensure efficient and reliable operations that run smoothly and predictably</p> Signup and view all the answers

    What is a potential consequence of politicians tightening security measures at the border?

    <p>Huge delays at the border</p> Signup and view all the answers

    What is the role of international logistics in the production and distribution of goods?

    <p>To play an important role in the production, processing, and distribution of goods</p> Signup and view all the answers

    What is a key challenge in international logistics?

    <p>Uncertainty and reliability</p> Signup and view all the answers

    What is a common goal of international logistics and domestic logistics?

    <p>To ensure efficient and reliable operations</p> Signup and view all the answers

    What is the primary purpose of reflecting on international logistics?

    <p>To identify areas for improvement</p> Signup and view all the answers

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