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Fall 2013
Master of Business Administration- MBA Semester 4
“Supply Chain Management” Specialization
SC0006 – Global Logistics and Supply Chain Management-
4 Credits
(Book ID: B1661)
Assignment (60 Marks)
Note: Answer all questions (with 300 to 400 words
each) must be written within 6-8 pages. Each Question carries 10 marks 6 X
10=60
Q1. Write
a note on any three trade blocks.
Answer.
In general terms, regional trade blocks are
associations of nations at a governmental level to promote trade within the
block and defend its members against global competition. Defense against global competition is obtained
through established tariffs on goods produced by member states, import quotas,
government subsidies, onerous bureaucratic import processes, and technical and
other non-tariff barriers. Since trade is not an isolated activity, member
states within regional blocks also cooperate in economic, political, security,
climatic, and other issues affecting the region. In terms of their size and
trade value, there are four major trade blocks and a
Q2.
Explain the three basic types of cargo.
Answer.
Cargo (or freight) is goods or produce transported,
generally for commercial gain, by ship or aircraft, although the term is now
extended to intermodal train, van or truck. In modern times, containers are
used in most long-haul cargo transport using marine, road, air and other means.
The types of cargo can be classified into 3
groups:
1.
General Cargo
Q3.
Describe intermodal movements in detail.
Answer.
Intermodalism generally has been defined in
somewhat narrower terms by different segments of the freight transportation
industry. For example, for the international seaborne shipping industry,
intermodalism implies cargo transport in standard shipping containers. However,
for the domestic surface-borne trade, intermodalism would pertain to the
transport of highway trailers on railroad flat cars. These differences in
characterization of intermodal
Q4.
Write a note on ocean liner conferences.
Answer.
Ocean Liner Conferences
A good place to start this review is to
explore the institution of liner conferences. Liner conferences are
organizations of vessel operators who serve similar markets. They form cartels
to both regulate (some say, eliminate) competition among themselves and protect
"their" market from outsiders. Today conferences in the American
trades exist to facilitate cooperative relationships between carriers with the
intent of reducing wasteful practices. Participation in
Q5.
Explain the different methods/terms of payments.
Answer.
A payment is the transfer of money from one party
(such as a person or company) to another. A payment is usually made in exchange
for the provision of goods, services or both, or to fulfill a legal obligation.
The simplest and oldest form of payment is barter, the exchange of one good or
service for another. In the modern world, common means of payment by an
individual include money, cheque, debit, credit, or bank transfer, and in trade
such payments are
Q6.
Briefly explain the important functions involved in an international
distribution channel.
Answer.
Distribution channels move products and services
from businesses to consumers and to other businesses. Also known as marketing
channels, channels of distribution consist of a set of interdependent
organizations—such as wholesalers, retailers, and sales agents—involved in
making a product or service available for use or consumption. Distribution
channels are just one component of the overall concept of distribution
networks, which are the real, tangible systems of interconnected sources and
destinations through which products pass on their way to final consumers. The
path through which goods and services travel from the vendor
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students get fully solved assignments
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