Question

Which of the following best articulates the strategic role of logistics in international trade?

A.	to contact international shipping companies to move goods from one country to another.
	B.	to purchase raw materials and finished goods from one country for distribution in another.
	C.	to design and manage the flow of goods to deliver cost, quality, timeliness, compliance, and reliability value to the global customer.
	D.	to ensure that import and export documentation is filled out correctly.

Beijing is a city of thousands of small retailers of consumer products. These retailers of consumer products typically purchase their products from a distributor in Beijing who buys from a manufacturer in West China. Such a distribution channel can be described as follows:

	A.	long, exclusive
	B.	short, fragmented
	C.	long, poor quality
	D.	fragmented, exclusive

An example of an internal supply chain risk that would be categorized as a demand risk might stem from

	A.	lack of control over the production process
	B.	poor quality assurance practices
	C.	volatility of sales
	D.	natural disasters

When a supply chain employs redundancy techniques to minimize its risk exposure, this means that

	A.	it is prepared to retaliate in the event of piracy or other acts of terrorism.
	B.	it has evaluated the risk exposure of its company in quantitative terms.
	C.	it is prepared to accept a major financial loss if an unexpected event occurs.
	D.	it has designed an alternative means of satisfying customer demand in the event that a part of the supply chain fails.

Answer 1

Option C is correct other option just reflect parts of tital logistic function

Option A is correct since the distribution network has multiple layer like from producer to wholesaler to consumer and since whole saler have exclusive right in certain region it is exclusive Hence ,option A long, exclusive

Volatility of sales is the demand risk which can cause internal supply chain risk because if difference between actual sales and projected sales Hence option C is correct

Redundancy in supply chain means to create a back up or excess capacity which will allow to function as normal in case of supply chain disruption hence Option D is correct