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Spring 2013
Master of Business
Administration- MBA Semester 4
IB0016–International
Logistics & Distribution Management -4 Credits
(Book ID: B1146)
Assignment Set - 1
(60 Marks)
Note: Assignment Set -1 must be written within 6-8 pages. Answer all
questions.
Q1. What are the rights and liabilities of a multi-modal transport
operator?
Answer. Multimodal transport (also known as combined transport) is
the transportation of goods under a single contract, but performed with at
least two different means of transport; the carrier is liable (in a legal
sense) for the entire carriage, even though it is performed by several
different modes of transport (by rail, sea and road, for example). The carrier
does not have to possess all the means of transport and in practice usually
does not; the carriage is often performed by sub-carriers (referred to in legal
language as "actual carriers"). The carrier
Q2. Discuss the role of Bill of Lading. Describe various types of Bill
of Lading.
Answer. A bill of lading is a contract that covers the specific
terms agreed to by a shipper and transporter. Bill of lading is a type of
document that is used to acknowledge the receipt of a shipment of goods. This
document covers the domestic and international transportation of export
merchandise. This usually arises when a ship owner, or other person authorized
to act on his behalf employs his vessel as a general ship by advertising that
he is willing to accept cargo from people for a particular voyage. The shipper,
in the intervening time, gets
Q3. Explain
about any five types of containers.
Answer. Container units form the most integral part of the entire
shipping industry, trade, and transport. These shipping containers are the
structures that store various kinds of products that need to be shipped from
one part of the world to another.
As such, depending on the
type of products to be shipped or the special services needed from them,
container units may vary in
Q4. What is the significance of logistics in international business?
Answer. Logistics management covers the physical movement of
products as raw materials from their point of origin to receipt by end users as
a finished product. Entrepreneurs need to understand international logistics
because global production processes and delivery activities -- encompassing all
transportation modes and storage and distribution systems -- are used more and more
frequently to get a product to a customer.
Production Inputs
The globalization of
production means a company can procure or process resources from just about
anywhere on the planet. This may be
Q5. Explain the meaning of packaging. What are the different types of
packaging boxes?
Answer. Packaging is the process of enclosing, or containing the
product in bottles, plastic bags, wrappers, lubes, paper cartoons and boxes
etc. For the purpose of displaying useful information regarding the product,
its contents, weight, size, price, constituents, usage necessary instruction
about the usage and storing the product must be recorded on the package.
Package reduces the risk of wastage, spoilage, leakage, metage and evaporation
etc. in the process of transportation and storage.
Function of Packaging
Q6.Write short notes on
(a) FOB
(b)
CIF
Answer.
(a) FOB is a commercial term used in export-import of goods from
one country to another. Full Form is "Free On Board". Invoice raised
in export-import business use FOB term which means all cost involved for
exports up to vessel or plane etc. except freight. The transfer of ownership
passes from the seller to buyer once the goods have been loaded into ship,
plane etc.
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MBA Shipping and Logistics