Quiz on 'The Global Entrepreneur (Fourth Edition)'

Which of the following topics is NOT listed as one to be covered in the provided material?

• Containerization and Intermodalism

• Incoterms

• The Role of Freight Forwarders

• Domestic Retail Marketing

What is a characteristic of lower deck containers used in air cargo containerization?

• Fit easily in the lower deck of a wide body jet

• Are attached to a pallet and transported in a smaller jet

• Are not as secure as air cargo pallets

• Are only used for noncontainerized cargo

What is another term for noncontainerized cargo?

• Breakbulk cargo

• Lower deck cargo

• Air cargo pallet

• Containerized cargo

Which of the following is NOT arranged by Incoterms?

• Shipping

• Handling

• Product manufacturing

• Insurance

Which group of Incoterms requires the seller to bear all costs and risks needed to bring the goods to the country of destination?

• Group D / Arrival

• Group E / Departure

• Group F / Main carriage unpaid

• Group C / Main carriage paid

Which Incoterms are specifically used for ocean and inland waterway transport?

• FAS, FOB, CFR, and CIF

• EXW, DDP, FCA, and CPT

• DAP, DPU, CIP, and DAT

• FCA, DAP, DDP, and EXW

Which of the following is NOT typically included in EXW (Ex-Works) terms?

• Export packaging

• Delivery to the buyer's country

• Standard packaging

• Inspection certificates

Who has the most responsibilities under the DDP Incoterm?

• The buyer

• The seller

• The shipping company

• The customs officer

Why is technology support important in a freight forwarder?

• It helps manage logistics efficiently

• It decorates the office

• It increases the number of employees

• It reduces the need for customer references

Which of the following is included in the details needed for a freight quote?

• Shipping terms

• The color of the packaging

• The name of the driver

• The weather forecast