ITL Chap 6+7

A buyer purchases multiple products from various suppliers, consolidated at CFS before being transported to CY for export.

What type of MT (by service) is used?

• LCL/FCL

• LCL/LCL

• FCL/LCL

• RO/RO

Delivery of cargo from Ha Noi to Hai Phong Port by road for exporting, then the road freight is:

• Connection cost

• Composition cost

• Decomposition cost

• Interchange cost

Gross weight: 42 (kg)

Volume weight: 80*60*74 (cm3)

Chargeable weight of this cargo?

• 59.2kg

• 60kg

• 59kg

• 42kg

Answer explanation

Shipment from Korea to Chicago, USA; shipped by sea from Busan port, Korea to Los Angeles port, USA and will be transported by rail to the industrial park in Chicago.

Which type of transcontinental bridge is used in the example above?

• Landbridge

• Micro-bridge

• Mini-bridge

An uncertain event or set of events will affect the achievement of business or project objectives. A risk can be a threat or an (a)   .

How does the Risk Review stage contribute to the risk management process?

• Ignoring past risks and focusing on new opportunities.

• Finalizing the risk management process without any changes.

• Assessing outcomes, identifying new risks, and adjusting strategies.

• Reviewing financial performance only.

Green represents extremely high-risk situations with severe consequences and a high likelihood of occurrence.

• True

• False

Which of the following is NOT one of the five elements of risk assessment?

• Risk mitigation

• Risk description

• Risk categorization

• Risk owner