Cross-Docking Refers to

question 55

Multiple Choice

Cross-docking refers to

• A) the practice of organizing the cost-effective flow of raw materials, in-process inventory, finished goods, and related information from point of origin to point of consumption to satisfy customer requirements.
• B) the practice of storing finished goods in the same trucks from which they will be dispensed and sold to consumers.
• C) using large cargo containers that will be loaded onto trucks and then barges or ships that sail from port to port and then unloaded back onto trucks for final transport and delivery.
• D) a practice that involves unloading products from suppliers, sorting products for individual stores, and quickly reloading products onto trucks for a particular store.
• E) the practice of transporting retail goods from a centralized warehouse to the loading docks of regionally located satellite warehouses.

Comprehend strategy formation between standardization and adaptation in a global marketing context.

Recognize the implications of political factors on international market entry.

Identify how technological advancements create new market opportunities.

Understand the impact of extensive customization on the benefits of global trade.

---

Definitions:

Downsizing

The reduction of an organization's workforce to improve its efficiency, cut costs, or realign its structure, often resulting in layoffs or elimination of positions.

Long-Term Profitability

The sustained ability of a company to generate earnings over an extended period, ensuring its viability and growth.

Displaced Workers

Individuals who have lost their jobs due to economic changes, technological advancements, or organizational restructuring, often requiring retraining or career change.

Retraining Assistance

Support provided to employees to help them learn new skills or adapt to new job roles, often in the face of organizational changes or technological advancements.