Question 1

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 2

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 3

Risk review and monitoring is a:

Accepted Answer

A)  One-time process 
B)  Continuous process 
C)  Measure of efficiency 
D)  Link to disruptive activity 
A)  One-time process 
B)  Continuous process 
C)  Measure of efficiency 
D)  Link to disruptive activity

Question 4

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 5

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 6

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 7

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

Question 8

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

Accepted Answer

Disruption-disturbance or problems that

Question 9

Risk management is defined as:

Accepted Answer

The identification, analysis,

Question 10

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 11

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

Accepted Answer

C-TPAT is a voluntary government-busines

Question 12

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 13

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

Question 14

Describe the four step risk management process.

Accepted Answer

Step 1 involves identification of the po

Question 15

What is the objective of risk assessment?

Accepted Answer

To evaluate the risks identifi

Question 16

Business continuity planning is defined as:

Accepted Answer

The task of identifying, developing, acq

Question 17

Risk retention can be referred to as:

Accepted Answer

A)  The acceptable amount of risk an entity is willing to carry 
B)  How much risk there is rehiring OTC drivers 
C)  Fuel hedging 
D)  None of these is correct. 
A)  The acceptable amount of risk an entity is willing to carry 
B)  How much risk there is rehiring OTC drivers 
C)  Fuel hedging 
D)  None of these is correct.

Question 18

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

Accepted Answer

To assess risk, an organization should e

Question 19

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 20

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

Accepted Answer

1. Identify high-risk containers. CBP us

The Maritime Transportation Security Act of 2002 is intended to:

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

Risk review and monitoring is a:

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 two parameters are involved in risk assessment?

What is the simplest way to eliminate risk?

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

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

Risk management is defined as:

Which of the following is a type of product loss?

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

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

Supply chain disruptions can result in:

Describe the four step risk management process.

What is the objective of risk assessment?

Business continuity planning is defined as:

Risk retention can be referred to as:

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

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

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

Global Supply Chains the Role and Importance of Transportation

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters

Exam 10: Transportation Risk Management

The Maritime Transportation Security Act of 2002 is intended to:

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

Risk review and monitoring is a:

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 two parameters are involved in risk assessment?

What is the simplest way to eliminate risk?

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

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

Risk management is defined as:

Which of the following is a type of product loss?

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

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

Supply chain disruptions can result in:

Describe the four step risk management process.

What is the objective of risk assessment?

Business continuity planning is defined as:

Risk retention can be referred to as:

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

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

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

Global Supply Chains the Role and Importance of Transportation

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Third Party Logistics

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters