L6M10 exam

Why did corporations like General Motors and DuPont shift to relatively decentralized organizational structures?A . To reduce the importance of technologyB . To increase economies of scaleC . To improve adaptability to local conditionsD . To enhance global competitionView AnswerAnswer: C Explanation: Corporations structured business units around products and geographic...

What strategic questions must global firms consider when managing virtually centralized teams?A . How to improve face-to-face communicationB . How virtual teams fulfill tasks physicallyC . How to manage information complexityD . What types of tasks are best fulfilled by virtual teamsView AnswerAnswer: D Explanation: When managing virtually centralized teams,...

A company is experiencing difficulties in managing supply chain complexity and information flow across multiple tiers of suppliers. Which strategy can help them address these challenges?A . Eliminating all lower-tier suppliersB . Implementing layering and tiering in the supply chain networkC . Increasing the use of subcontractorsD . Focusing on...

What are potential causes of transportation and/or pipeline breakdowns? (Select all that apply)A . Currency fluctuationsB . Law & disputesC . CorruptionD . Natural disastersE . Weather eventsView AnswerAnswer: A, C, D, E Explanation: Natural disasters and weather events disrupt transportation and facilities. Corruption can lead to inefficiencies and breakdowns...

What is the purpose of the "order picking" stage in storage and handling practices?A . To physically unload incoming transportationB . To assemble and prepare inventory for dispatch according to ordersC . To move goods received inventory to identifiable locationsD . To manage the quality control of incoming inventoryView AnswerAnswer:...

What is the practice of following precedence in national legal systems called in Common Law?A . Jurisprudence constantB . Rule of lawC . Judicial creativityD . Stare decisisView AnswerAnswer: D Explanation: In Common Law, the principle of following legal precedence is known as stare decisis. [P-119]

What is the role of precedent in the decision-making of international courts and arbitration tribunals?A . Precedent is binding and must be followed uniformly.B . Precedent is deployed inconsistently and is not binding.C . Precedent is the primary source of international law.D . Precedent is excluded and has no relevance.View...

What distinguishes a co-located supply chain program from a distributed supply chain program?A . Co-located programs involve multiple activities at one location, while distributed programs operate from multiple geographical locations.B . Co-located programs are costlier to implement than distributed programs.C . Co-located programs are more environmentally friendly than distributed programs.D...

Which type of packaging is suitable for palletized cargoes secured to the pallet?A . Wooden boxesB . Shrink-wrappingC . Stackable and nestable heavy-duty plastic cratesD . Flat wrappingView AnswerAnswer: B Explanation: Shrink-wrapping provides a protective covering around palletized cargo, securing goods during transportation. [P-133]

Which international convention is known as the Vienna Convention and covers the contract of sale between an exporter and an importer?A . Economic Commission of West African States (ECOWAS)B . International Chamber of Commerce rules and terms of tradeC . United Nations Conventions on Contracts for the International Sale of...