Freight forwarder - Study guides, Class notes & Summaries

SCMN 3720 Test 3-Strickland Latest Version Graded A+ 3PL 3rd party logistics. anything that you can outsource 5 Categories of 3PL's 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based Business origin in the public or contract warehousing -Foc...

3PL : 3rd party logistics. anything that you can outsource 5 Categories of 3PL's : 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based : business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based 2 | P a g e : Business origin in the public or contract warehousing -Focus on inventory management, warehous...

In order for there to be "Free Markets" several preconditions must be met; among the "top three" for a modern economic system are _____ . - ️️a predictable and stable means of value exchange The accounting paradigm that characterizes costs according to Unit Variable and NonUnit Variable categories is the _____ approach. - ️️managerial accounting "Time and Place Utility" refers to the concept or principle of - ️️goods in shortage are worth more than goods in surplus Produc...

50 Who often arranges for goods to picked up and delivered to a carrier , selects the transportation mode and books the necessary space for the cargo ? A a freight forwarder B bank C state-owned committee D customs broker : A 49 which of the following is not true for international logistic ? A international logistics allows countries to export products in which they have a competitive advantages 2 | P a g e B international logistics allow countries to import products that are unavai...

50 Who often arranges for goods to picked up and delivered to a carrier , selects the transportation mode and books the necessary space for the cargo ? A a freight forwarder B bank C state-owned committee D customs broker - ️️A 49 which of the following is not true for international logistic ? A international logistics allows countries to export products in which they have a competitive advantages B international logistics allow countries to import products that are unavailable at h...

9804.0035 correct answer: Ms. Bardin, of Gatwick, England is visiting her aunt and imported her motorcycle for transportation while in the U.S. The classification for her motorcycle is? 9813.00.20 correct answer: Ms. Bardin, of Gatwick, England also designs women's motorcycle helmets and is importing 13 models of her designs to generate interest for her website. What is the correct classification for her helmets. An individual entering commercial merchandise for an acquaintance. correct...

Navy Expeditionary Warfare (EXW) Common Core Rated A+ EXW Test Questions and Answers Does the seller have any responsibility for arranging export customs clearance under EXW? No, under EXW, the buyer is responsible for arranging export customs clearance and handling all necessary documentation for export. ️️ Who bears the risk of loss if the goods are stolen after being picked up under EXW? The buyer bears the risk of loss if the goods are stolen after they are picked up from...

IMM 13 EXAM QUESTIONS WITH CORRECT ANSWERS Which mode would provide the slowest service capability? A) air B) rail C) water D) motor - Answer- C) water A contract carrier provides: A) published rates. B) a scheduled service. C) a service available to the general public. D) all of the above E) none of the above - Answer- E) none of the above In which case(s) would you use common carriers instead of contract carriers? A) shipment to customers by a mail order house B) reg...

WGU BUS 340 MIDTERM 1 EXAM 2024 WITH 100% CORRECT ANSWERS What are the four major categories of participants in international business? - correct answer -focal firm -distribution channel intermediary -facilitator -State-owned enterprise (SOE) What is a focal firm? - correct answer They initiate the IB transaction. They will create, design, and produce products or services to the supply chain that will then be distributed to customers worldwide Ex: Dell What is a distribution chann...

________ is a set of activities and techniques firms employ to efficiently and effectively manage the flow of merchandise from the vendors to the retailer's customers. Consumer direct fulfillment Supply chain management Reverse logistics Backhaul Vendor-managed inventory - Supply chain management A ________ occurs when an SKU that a customer wants is not available. rain check backhaul reorder point stockout ship verification - stockout Overall, effective supply chain managem...