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FinCap Friday: Pain in the Supply Chain Flashcards | StudBud
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FinCap Friday: Pain in the Supply Chain
FinCap Friday: Pain in the Supply Chain
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1
The main cause of the supply chain crisis of late 2021 is that there’s not enough...
goods being produced to meet demand
workers in the US labor force to transport goods
vehicles available for workers to transport goods
demand for the oversupply of goods produced
2
How many container ports are there throughout the coastline of the United States?
Over 20
Less than 5
16
9
3
What's one realistic way Americans can help improve supply chain problems in the US?
Eliminate any and all online shopping
Volunteer at the closest container port
Reduce the amount of online shopping they do
Increase the number of foreign goods they buy
4
True or False? In late 2021, dozens of huge cargo ships anchored around US coastlines waiting for space to unload goods.
True
False
5
What does the term "supply chain" mean?
Supplying metal to manufacturing companies
Boats or trains connected together by chains
The steps involved in getting goods to consumers
When supply and demand match up
