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B Com Exam  >  B Com Tests  >  Test: Global Issues and Challenges in Logistics Management - B Com MCQ

Test: Global Issues and Challenges in Logistics Management - B Com MCQ


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10 Questions MCQ Test - Test: Global Issues and Challenges in Logistics Management

Test: Global Issues and Challenges in Logistics Management for B Com 2024 is part of B Com preparation. The Test: Global Issues and Challenges in Logistics Management questions and answers have been prepared according to the B Com exam syllabus.The Test: Global Issues and Challenges in Logistics Management MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Global Issues and Challenges in Logistics Management below.
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Test: Global Issues and Challenges in Logistics Management - Question 1
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What are the four factors that differentiate global logistics from domestic logistics, as mentioned in the text?

Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 1
The four factors that differentiate global logistics from domestic logistics are distance, diversity in culture, development, and documentation. These factors impact the complexity of logistics operations in a global context.
Test: Global Issues and Challenges in Logistics Management - Question 2
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Which of the following forces driving globalisation of logistics refers to the integration of global manufacturing with marketing through logistics?

Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 2
The force driving globalisation of logistics that refers to the integration of global manufacturing with marketing through logistics is the "Supply Chain Perspective." This perspective encourages firms to streamline their logistics operations and collaborate with global partners.
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Test: Global Issues and Challenges in Logistics Management - Question 3
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What role did regionalisation play in facilitating global logistics, as mentioned in the text?

Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 3
Regionalisation, as mentioned in the text, played a role in facilitating global logistics by removing political formalities at borders. Trade associations like the EU, NAFTA, and SAARC have helped eliminate barriers to international trade and transportation.
Test: Global Issues and Challenges in Logistics Management - Question 4
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Which of the following is mentioned as a financial barrier to global logistics in the text?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 4
The text mentions that difficulties in forecasting in the global environment are a financial barrier to global logistics. The unpredictable nature of global markets can make accurate forecasting challenging.
Test: Global Issues and Challenges in Logistics Management - Question 5
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What is the primary role of transportation deregulation in the context of global logistics, as mentioned in the text?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 5
The primary role of transportation deregulation in the context of global logistics, as mentioned in the text, is to "remove restrictions on international transportation ownership and operation." This change allows for more flexibility and competition in the global transportation industry.
Test: Global Issues and Challenges in Logistics Management - Question 6
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What type of barriers in globalisation of logistics are related to entry restrictions and pricing fluctuations?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 6
Barriers related to entry restrictions and pricing fluctuations are categorized as "Marketing Barriers" in the globalisation of logistics. These barriers can hinder the smooth flow of goods and services across borders.
Test: Global Issues and Challenges in Logistics Management - Question 7
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How did the concept of supply chain emerge in logistics management during the 1980s, as mentioned in the text?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 7
The concept of supply chain emerged in logistics management during the 1980s by challenging the traditional approach of seeking logistical control for all activities internally. This led to the recognition of the importance of collaboration and outsourcing.
Test: Global Issues and Challenges in Logistics Management - Question 8
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What force driving globalisation of logistics is attributed to the growth in industrial sectors of developed countries after WWII?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 8
The force driving globalisation of logistics attributed to the growth in industrial sectors of developed countries after WWII is "Economic Growth." This growth led to increased manufacturing and logistics productivity, prompting firms to expand into developing nations.
Test: Global Issues and Challenges in Logistics Management - Question 9
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Which of the following forces driving globalisation of logistics is associated with exposing international consumers to foreign products through mass communication and information technology?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 9
The force driving globalisation of logistics associated with exposing international consumers to foreign products through mass communication and information technology is "Technology." These advancements promote global marketing and logistics.
Test: Global Issues and Challenges in Logistics Management - Question 10
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What aspect of logistics management does transportation deregulation specifically impact, as mentioned in the text?
Detailed Solution for Test: Global Issues and Challenges in Logistics Management - Question 10
Transportation deregulation specifically impacts transportation ownership and operation, as mentioned in the text. It involves removing restrictions on international carriers and allowing more flexibility in the transportation sector.
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