Question 1

How can companies proactively deal with high-probability/high-impact transportation risks?

Accepted Answer

Develop and maintain relationships with

Question 2

Describe Customs-Trade Partnership Against Terrorism (C-TPAT).

Accepted Answer

C-TPAT is a voluntary government-busines

Question 3

What two parameters are involved in risk assessment?

Accepted Answer

A)  Cost and impact 
B)  Probability and impact 
C)  Frequency and probability 
D)  Duration and probability 
A)  Cost and impact 
B)  Probability and impact 
C)  Frequency and probability 
D)  Duration and probability

Question 4

Which of the following is not one of the four steps in the risk management process?

Accepted Answer

A)  Identify the risk 
B)  Analyze the risk 
C)  Manage the risk 
D)  Cost the risk mitigation 
A)  Identify the risk 
B)  Analyze the risk 
C)  Manage the risk 
D)  Cost the risk mitigation

Question 5

The comprehensive port security law designed to keep nuclear,chemical,and biological weapons out of freight containers traveling to U.S.ports is called:

Accepted Answer

A)  Container Security Initiative 
B)  Aviation and Transportation Security Act 
C)  Maritime Transportation Security Act of 2002 
D)  Security and Accountability for Every Port Act (SAF
E)  
A)  Container Security Initiative 
B)  Aviation and Transportation Security Act 
C)  Maritime Transportation Security Act of 2002 
D)  Security and Accountability for Every Port Act (SAF
E)

Question 6

Not putting all your "eggs in one basket" is what type of strategy?

Accepted Answer

A)  Postponement 
B)  Buffering 
C)  Hedging 
D)  Transfer 
A)  Postponement 
B)  Buffering 
C)  Hedging 
D)  Transfer

Question 7

The process which provides a baseline evaluation of risk in a rapid and cost-effective manner is known as:

Accepted Answer

A)  Quantitative risk analysis 
B)  Event management software 
C)  Qualitative risk analysis 
D)  Risk avoidance 
A)  Quantitative risk analysis 
B)  Event management software 
C)  Qualitative risk analysis 
D)  Risk avoidance

Question 8

A truck breakdown can be characterized as what type of risk?

Accepted Answer

A)  Equipment accident 
B)  Improper equipment loading 
C)  Delivery delay 
D)  Supply chain disruption 
A)  Equipment accident 
B)  Improper equipment loading 
C)  Delivery delay 
D)  Supply chain disruption

Question 9

What is the term for an external supplier that perform all or part of an organizations logistics services?

Accepted Answer

A)  Freight forwarder 
B)  Consultant 
C)  Third party logistics service provider (3PL) 
D)  Just in time provider 
A)  Freight forwarder 
B)  Consultant 
C)  Third party logistics service provider (3PL) 
D)  Just in time provider

Question 10

Describe the key provisions of the SAFE Port Act.

Accepted Answer

The SAFE Port Act included provisions th

Question 11

Which of the following is not a common point of exposure for a potential security breach?

Accepted Answer

A)  Lax security processes 
B)  Unprotected transfer facilities 
C)  Data encryption 
D)  Shipment control breakdown 
A)  Lax security processes 
B)  Unprotected transfer facilities 
C)  Data encryption 
D)  Shipment control breakdown

Question 12

Describe three supply chain interruptions facing the transportation industry in the 2007 to 2009 timeframe.

Accepted Answer

Carrier bankruptcy - in times of economi

Question 13

How does a company evaluate the seriousness of a transportation risk?

Accepted Answer

To assess risk,an organization should ev

Question 14

Which risk reduction strategy provides additional resources to reduce risks related to capacity shortages or performance problems?

Accepted Answer

A)  Postponement 
B)  Buffering 
C)  Hedging 
D)  Transfer 
A)  Postponement 
B)  Buffering 
C)  Hedging 
D)  Transfer

Question 15

Which of the following is not a transportation risk reduction strategy?

Accepted Answer

A)  Use of generic packaging 
B)  Use of event management software 
C)  Monitor carrier finances 
D)  Use of least cost service provider 
A)  Use of generic packaging 
B)  Use of event management software 
C)  Monitor carrier finances 
D)  Use of least cost service provider

How can companies proactively deal with high-probability/high-impact transportation risks?

Describe Customs-Trade Partnership Against Terrorism (C-TPAT).

What two parameters are involved in risk assessment?

Which of the following is not one of the four steps in the risk management process?

The comprehensive port security law designed to keep nuclear,chemical,and biological weapons out of freight containers traveling to U.S.ports is called:

Not putting all your "eggs in one basket" is what type of strategy?

The process which provides a baseline evaluation of risk in a rapid and cost-effective manner is known as:

A truck breakdown can be characterized as what type of risk?

What is the term for an external supplier that perform all or part of an organizations logistics services?

Describe the key provisions of the SAFE Port Act.

Which of the following is not a common point of exposure for a potential security breach?

Describe three supply chain interruptions facing the transportation industry in the 2007 to 2009 timeframe.

How does a company evaluate the seriousness of a transportation risk?

Which risk reduction strategy provides additional resources to reduce risks related to capacity shortages or performance problems?

Which of the following is not a transportation risk reduction strategy?

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

How can companies proactively deal with high-probability/high-impact transportation risks?

Describe Customs-Trade Partnership Against Terrorism (C-TPAT).

What two parameters are involved in risk assessment?

Which of the following is not one of the four steps in the risk management process?

The comprehensive port security law designed to keep nuclear,chemical,and biological weapons out of freight containers traveling to U.S.ports is called:

Not putting all your "eggs in one basket" is what type of strategy?

The process which provides a baseline evaluation of risk in a rapid and cost-effective manner is known as:

A truck breakdown can be characterized as what type of risk?

What is the term for an external supplier that perform all or part of an organizations logistics services?

Describe the key provisions of the SAFE Port Act.

Which of the following is not a common point of exposure for a potential security breach?

Describe three supply chain interruptions facing the transportation industry in the 2007 to 2009 timeframe.

How does a company evaluate the seriousness of a transportation risk?

Which risk reduction strategy provides additional resources to reduce risks related to capacity shortages or performance problems?

Which of the following is not a transportation risk reduction strategy?

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