Question 1

Define disruption and risk in general terms and in terms of transportation

Accepted Answer

Disruption-disturbance or problems that interrupt an event,activity,or process.
Transportation Disruption-any significant delay,interruption,or stoppage
in the flow of trade caused by a natural disaster,heightened threat level,an
act of terrorism,or any transportation security incident.
Risk-exposure to the chance of injury or loss.
Transportation Risk-a future freight movement event with a probability of
occurrence and the potential for impacting supply chain performance.

Question 2

Supply chain disruptions can result in:

Accepted Answer

A)  Increased stock price 
B)  Lower operating performance 
C)  Decreased stock price 
D)  Higher return on assets 
A)  Increased stock price 
B)  Lower operating performance 
C)  Decreased stock price 
D)  Higher return on assets B

Question 3

The Free and Secure Trade (FAST)Program is between the U.S. ,Canada,and:

Accepted Answer

A)  Mexico 
B)  Cuba 
C)  Germany 
D)  England 
A)  Mexico 
B)  Cuba 
C)  Germany 
D)  England A

Question 4

In 2013,there were ____ reported pirate attacks on ocean going vessels worldwide?

Accepted Answer

A)  2,064 
B)  640 
C)  264 
D)  64 
A)  2,064 
B)  640 
C)  264 
D)  64

Question 5

Business continuity planning is defined as:

Accepted Answer

The task of identifying,developing,acqui

Question 6

Describe the four step risk management process.

Accepted Answer

Step1:involves identification of the pot

Question 7

Risk management is defined as:

Accepted Answer

The identification,analysis,as

Question 8

Which of the following is a type of product loss?

Accepted Answer

A)  Pilferage 
B)  Damage 
C)  Climate control failure 
D)  Labor disruption 
A)  Pilferage 
B)  Damage 
C)  Climate control failure 
D)  Labor disruption

Question 9

The objectives of the risk management process are:

Accepted Answer

-Develop a common understanding of risk

Question 10

A deliberate product contamination risk is called?

Accepted Answer

A)  Tampering 
B)  Climate control failure 
C)  Exposure to contaminants 
D)  Hedging 
A)  Tampering 
B)  Climate control failure 
C)  Exposure to contaminants 
D)  Hedging

Question 11

What is the final step in risk management?

Accepted Answer

A)  Reviewing and monitoring 
B)  Reduction 
C)  Identification 
D)  Analysis 
A)  Reviewing and monitoring 
B)  Reduction 
C)  Identification 
D)  Analysis

Question 12

Which initiative encourages businesses to ensure the integrity of their security practices and verify the security guidelines of their business partners within the supply chain?

Accepted Answer

A)  Container Security Initiative 
B)  Customs-Trade Partnership Against Terrorism 
C)  Maritime Transportation Security Act of 2002 
D)  Free and Secure Trade 
A)  Container Security Initiative 
B)  Customs-Trade Partnership Against Terrorism 
C)  Maritime Transportation Security Act of 2002 
D)  Free and Secure Trade

Question 13

What is the objective of risk assessment?

Accepted Answer

To evaluate the risks identifi

Question 14

A risk mitigation strategy should produce an action plan that identifies that includes all of the following except:

Accepted Answer

A)  Roles and responsibilities for developing the strategy 
B)  Resources required to carry out the planned actions 
C)  Conditions present in order for risk level to be acceptable 
D)  A way to get rid of the risk completely 
A)  Roles and responsibilities for developing the strategy 
B)  Resources required to carry out the planned actions 
C)  Conditions present in order for risk level to be acceptable 
D)  A way to get rid of the risk completely

Question 15

What are the core elements of the container security initiative (CSI)?

Accepted Answer

1.Identify high-risk containers.CBP uses

Question 16

How can countries promote a more secure transportation system?

Accepted Answer

Achieving a more secure freight transpor

Question 17

Describe the six common risk categories related to freight transportation.

Accepted Answer

Product Loss:BSI Group estimates that gl

Question 18

What is the simplest way to eliminate risk?

Accepted Answer

A)  Risk reduction 
B)  Risk mitigation 
C)  Risk avoidance 
D)  Risk identification 
A)  Risk reduction 
B)  Risk mitigation 
C)  Risk avoidance 
D)  Risk identification

Question 19

The Maritime Transportation Security Act of 2002 is intended to:

Accepted Answer

A)  Protect U.S. ports and waterways from terrorist attack 
B)  Reduce the threat that a maritime container will be used to deliver a weapon 
C)  Streamline cargo manifests 
D)  Establish ocean based power generation 
A)  Protect U.S. ports and waterways from terrorist attack 
B)  Reduce the threat that a maritime container will be used to deliver a weapon 
C)  Streamline cargo manifests 
D)  Establish ocean based power generation

Question 20

What is the purpose of transportation insurance.

Accepted Answer

Insurance is a common method of risk tra

Define disruption and risk in general terms and in terms of transportation

Supply chain disruptions can result in:

The Free and Secure Trade (FAST)Program is between the U.S. ,Canada,and:

In 2013,there were ____ reported pirate attacks on ocean going vessels worldwide?

Business continuity planning is defined as:

Describe the four step risk management process.

Risk management is defined as:

Which of the following is a type of product loss?

The objectives of the risk management process are:

A deliberate product contamination risk is called?

What is the final step in risk management?

Which initiative encourages businesses to ensure the integrity of their security practices and verify the security guidelines of their business partners within the supply chain?

What is the objective of risk assessment?

A risk mitigation strategy should produce an action plan that identifies that includes all of the following except:

What are the core elements of the container security initiative (CSI)?

How can countries promote a more secure transportation system?

Describe the six common risk categories related to freight transportation.

What is the simplest way to eliminate risk?

The Maritime Transportation Security Act of 2002 is intended to:

What is the purpose of transportation insurance.

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

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Exam 9: Transportation Risk Management

Define disruption and risk in general terms and in terms of transportation

Supply chain disruptions can result in:

The Free and Secure Trade (FAST)Program is between the U.S. ,Canada,and:

In 2013,there were ____ reported pirate attacks on ocean going vessels worldwide?

Business continuity planning is defined as:

Describe the four step risk management process.

Risk management is defined as:

Which of the following is a type of product loss?

The objectives of the risk management process are:

A deliberate product contamination risk is called?

What is the final step in risk management?

Which initiative encourages businesses to ensure the integrity of their security practices and verify the security guidelines of their business partners within the supply chain?

What is the objective of risk assessment?

A risk mitigation strategy should produce an action plan that identifies that includes all of the following except:

What are the core elements of the container security initiative (CSI)?

How can countries promote a more secure transportation system?

Describe the six common risk categories related to freight transportation.

What is the simplest way to eliminate risk?

The Maritime Transportation Security Act of 2002 is intended to:

What is the purpose of transportation insurance.

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters