LOG206 Seminar 3 - review of Session 2

Identify one item under "transaction" process

• mode selection

• visibility

• cargo insurance

• route selection

The China (Chongqing) - Singapore connectivity initiative is not beneficial to South East Asian nations.

• TRUE

• FALSE

Choose 2 modal advantanges of Seafreight

• high capacity

• speed

• lower damage risk

• low cost

What is the shortest time between dismantling and setting up among all F1 events?

• 2

• 3

• 4

• 7

Incoterms stand for "international commercial terms"

• TRUE

• FALSE

Arrange in sequence (left to right) the 4 export/import processes indicated.

• Destination terminal charges -Import duties -Origin to port delivery -Packaging

• Packaging -Destination terminal charges -Import duties -Origin to port delivery

• Origin to port delivery -Destination terminal charges -Import duties -Packaging

• Packaging - Origin to port delivery -Destination terminal charges -Import duties

What are the types of cargo insurance (Choose 2)?

• mixed approach

• risk-averse

• risk transfer

• come what may

What considerations are important in "route selection" in the distribution process? (Choose 2)

• safety of product during transit

• availability of driver

• nice scenery

• maximize equipment utilization

The B/L is an important document to establish proof of ownership of goods.

• TRUE

• FALSE

I want to

• stop playing now

• sleep

• extend today's class by one more hour

• order pizza now