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DRIVE
Spring
2017
PROGRAM
MASTER
OF BUSINESS ADMINISTRATION- MBA
SUBJECT
CODE & NAME
IB0016/SC0006/IB0019
– INTERNATIONAL LOGISTICS & DISTRIBUTION MANAGEMENT
Q.1:
Write a note on the difference between national and international logistics.
National
logistics
International
logistics
ANS:
National
and international logistics:
Today, business communities focus on
expanding their market across the globe. However, companies have to realise
that trading overseas requires higher operational standards at all levels of
the supply chain. They must be flexible
Q.2:
Explain the term trade blocs and list out the various advantages and
disadvantages of trade blocs.
Trade
blocs
Advantages
Disadvantages
ANS:
Trade
blocs:
Trading blocs are economic relationships
built between countries of a region. This is formed to encourage and develop
the
Q3.
Distinguish between time charter and voyage charter.
Time
Charter
Voyage
Charter
Answer:
Under time
charter, ship owner rents the vessel to the second party for a specific period
of time. In time charter arrangement,
Q.4:
Discuss about air cargo documentation.
Explanation
of the concept
ANS:
Explanation
of the concept
Air traffic cargo movement is much
faster than the sea shipments. Therefore, documents such as invoices, packing
lists
Q.5:
Explain the various functions of outbound logistics.
Demand
forecast
Order
management
Packaging
Labelling
Documentation
ANS:
Demand
forecast:
Demand forecasting is the process of
predicting or estimating the customer demand based on which the products are
manufactured and distributed. The marketing team and principal overseas
distributors of an organisation together carry out the demand forecast. It
helps the organisation to plan for the production and
Q.6:
Explain some of the frictions and frauds observed in the distribution channel.
Friction
or Fraud in the Distribution Channel
ANS:
Friction
or Fraud in the Distribution Channel
Till now we have studied the various
positive forces and activities that help in coordinating the movement of
products to the
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