H&H INSURANCE ON SHIP
Flashcard
•
English
•
University
•
Hard
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is H&H Insurance?
Back
H&H Insurance refers to a comprehensive shipping insurance strategy that protects businesses against financial losses due to shipment disruptions or losses.
2.
FLASHCARD QUESTION
Front
What is the primary benefit of shipping insurance for businesses?
Back
The primary benefit is enhancing financial protection against shipment losses, ensuring that businesses can recover financially from unexpected events.
3.
FLASHCARD QUESTION
Front
What strategy can help businesses recover quickly from supply chain disruptions?
Back
Diversifying supplier base, investing in supply chain insurance, and developing contingency plans are all effective strategies.
4.
FLASHCARD QUESTION
Front
What is a potential drawback of relying solely on carrier-provided shipping insurance?
Back
Potential drawbacks include mandatory long-term contracts, limited liability coverage, and a complex claims process.
5.
FLASHCARD QUESTION
Front
What factor is crucial when selecting a third-party shipping insurance provider?
Back
Flexibility and comprehensiveness of policies are crucial factors to consider.
6.
FLASHCARD QUESTION
Front
How does shipping insurance contribute to supply chain management?
Back
Shipping insurance provides financial protection against shipment disruptions, allowing businesses to maintain stability.
7.
FLASHCARD QUESTION
Front
What is the role of contingency plans in supply chain management?
Back
Contingency plans are strategies developed to address potential disruptions, ensuring quick recovery and continuity of operations.
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
15 questions
FA 1st Semester Final Exam 2024
Flashcard
•
12th Grade
10 questions
Insurance and Health Care Terms
Flashcard
•
12th Grade
15 questions
Financial Math Q4 Vocabulary
Flashcard
•
12th Grade
11 questions
BE Unit 2 2.05 Test 23/24
Flashcard
•
12th Grade
15 questions
Intro to Health Insurance
Flashcard
•
12th Grade
15 questions
Student Behavior Management Scenarios
Flashcard
•
12th Grade
18 questions
VAT in Hungary - 2024 Flashcard
Flashcard
•
12th Grade
15 questions
Cost of Living
Flashcard
•
Professional Development
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
ELA Advisory Review
Quiz
•
7th Grade
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade