Questions for chapter review

  1. Explain what global supply chains involve? Who are their participants?
  2. What is a distribution channel?
  3. How has global supply chains changed from the Fordist to the modern structure?
  4. What drives the formation of global supply chains?
  5. What is cargo consolidation and why is it performed? What are the benefits of this?
  6. What is the difference between a supply chain and a distribution channel?
  7. Explain the principle of hub and spoke? What is the benefit of this principle?
  8. Where was the principle of hub and spoke first formed? What were the consequences of this?
  9. Why do manufacturers seek to locate as close as possible to transport hubs?
  10. What is the difference between a warehouse and a terminal? Which functions do they have in common?
  11. What is the main function of the terminal?
  12. Explain the FI-FO principle in warehousing?
  13. How is cargo transportation by air organized?
  14. Describe the characteristics of cargo that makes sense to transport by air.
  15. What are the main advantages and disadvantages of air transport?
  16. Are goods transported only by cargo planes? Are they transported by passenger planes?
  17. What mode of freight transport is dominating in the USA and the EU? Why?
  18. Which of the types of surface transport is the most energy efficient?
  19. What are the differences in energy consumption for transporting the same amount of cargo by road and rail transport?
  20. What are the weight limits for road vehicles?
  21. Why do the governments of various countries limit the transportation of goods by road transport?
  22. What kind of cargo are they used to transport?
  23. Explain the concept of motorways of the sea.
  24. What is a RO-RO and LO-LO? What is the difference?
  25. What are the types of water transport routes?
  26. How long does it take a cargo ship to travel around the world?
  27. How long does it take to reach Western Europe by ship from Southeast Asia?
  28. Why container transportation prices in the east-west both directions differ in several times?
  29. Where are located the world’s largest seaports?
  30. What are types of inland waterways?
  31. How does intermodal differ from multimodal transport?
  32. How does the selection of the mode of transport depend on the distance?
  33. Which operation in intermodal transportation has the longest duration and costs?
  34. What are INCOTERMS? What basic conditions does this set?
  35. Explain what EXW Berlin means in INCOTERMS?
  36. Explain what means DDP San Francisco in INCOTERMS?
  37. Explain what FOB Barcelona in INCOTERMS?
  38. How the product price depends on INCOTERMS conditions?
  39. What are the functions of a forwarder?

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Fundamentals of global business

First edition

For citation:

Jarzemskis A. (2025). Fundamentals of global business, Litibero publishing, 496 p.

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