Freight forwarder - Study guides, Class notes & Summaries

What was the size of the global logistics market in 2017 and what percentage was comprised by air freight? - ANSWER-$5 trillion, 2% Which document attest to the correctness of the description, quantity, and value of goods shipped into a country? - ANSWER-Customs import declaration Which global freight forwarding companies are not typically in the top five performers, by tonnage handled? - ANSWER-FedEx, Atlas Air Which global freight forwarding companies are not typically in the top five...

Scm 300 Exam 2 Questions With Verified And Updated Solutions. Push/Pull - answerpush- consumer demand is known and expected pull-activated by consumer demand offshoring - answerwhen a company moves manufacturing out of its home country to another country outsourcing - answerwhen a company contracts an outside firm to perform services that could be or were performed in house near sourcing - answera type of offshoring where the location of the manufacturing facility is relatively close to...

DHL 101 Test Questions with Correct Answers What does DHL Stand for - Answer-AQdrian Dalsey Larry Hillblom Robert Lynn DHL Value Proposition - Answer-Specialist in International: 1) Global Expertise 2)Service Excellence 3) International focus 4 Divisions of DHL - Answer-Ecommerce Freight Forwarding Express Supply Chain CEO OF DHL EXPRESS USA - Answer-Ken Allen CMO (Chief Officer of Marketing) US/Americas - Answer-Christine Nashick VP of Sales for the US - Answer-Chet Paul CEO o...

The failure of a corporate broker to have at least one officer of the corporation with a valid individual broker's license during any continuous period of days may result in the revocation (by operation of law) of the license and any permits issued to the corporation. A. 180 B. 30 C. 100 D. 120 E. 90 correct answer: D. 120 19 CFR 111.45(a) CUSTOMS BROKERS Revocation by operation of law. Records of broker-related financial transactions must be retained for at least . A. 2 years B. ...

MKTG 3340 quiz 4Sourcing Evaluating and hiring suppliers Procurement Purchasing goods and services from suppliers Brainpower Read More Outsourcing Hiring an organization to do a task previously performed by a firm Offshoring Outsourcing work to companies located overseas Insource The process of having an employee of your organization complete a marketing project, or hiring staff for an ongoing marketing function Advantages of outsourcing - More value - More co...

Born Global Firm - ANSWER-A young company that initiates int'l business activity very early in its evolution, moving quickly to foreign markets Commercial Risk - ANSWER-firm's potential loss or failure from poorly developed or executed business strategies, tactics, or procedures Country Risk - ANSWER-potentially adverse effects on company operations and profitability caused by developments in the political, legal, and economic environment in a foreign country Currency Risk - ANSWER-Po...

A 1. A hedge is a contract that provides protection against the risk of loss from a change in _________ A. Foreign exchange rates B. Inflation C. Interest rate D. None of the above A 2. There are 03 common methods of hedging: forward market hedge, money market hedge and option market A. True B. False A 3. A "put" option gives the buyer the _________, but not the _______________ to sell a specified number of foreign currency units to the option seller at a fixed dollar pr...

General Aviation aircraft can be used for: - correct answer Spraying field crops The term "feeder airlines" refers to - correct answer Airlines with smaller aircraft to connect to bigger airports (Expressjet) What is the most profitable way of traveling? - correct answer Business Charter flights are flights on narrow body commercial transport air...

Trucking Terminology Exam Study Guide. Assessorial Charge - answerServices in addition to the transportation of goods, such as stopping in transit to complete loading or to partially unload or storage. Bill-to Dispute - answerShipment is being challenged by whoever is noted on the Bill of Lading as being the one who is to pay the freight charges. Bill of Lading - BOL - answerA commercial shipping document which serves as an itemized list of goods contained in the shipment, a receipt from t...

CHAPTER 3 TEST QUESTIONS True-False 1. Globalization is not considered to be one of the external factors driving change in logistics. ANSWER: False 2. The third era of globalization is said to have begun around the year 2000. The significant characteristic of this era is that it is being powered by individuals and smaller organizations rather than global multi-nationals. ANSWER: True 3. The supply chain should manage three important flows, namely, materials/products, informa...