TRUE or FALSE One reason companies expand globally is to respond to competitors moves.

True

False

A key benefit to global shipping that came from Malcolm McLean's invention of the standardized shipping container was

a reduction in cargo handling.

a reduction in import duties.

access to new global seaports.

opening of new global shipping lanes.

none of the above.

Additional challenges in managing the logistics activities of a global supply chain include the following:

longer lead times.

longer transit times.

more partners.

more transportation options.

different time zones.

different currencies.

different languages and cultures.

varying levels of infrastructure.

All of the above.

None of the above.

From the global supply chain manager's perspective, one risk to an efficient global supply chain that is particularly difficult to overcome is __________

language barriers.

inadequate knowledge of global shipping.

lack of integration among partners.

too many participants in the supply chain.

not enough technology in use along the supply chain.

Vulnerability Mapping is a useful tool in managing global supply chains because this highlights the level of

competition in various locations.

probabilities and consequences of supply chain disruptions.

product acceptance in global markets.

skilled labor vs. the cost of labor in particular regions.

None of the above.