MARKED ASSIGNMENT (TMA)

Course Code : IBO-05

Course Title : International Marketing Logistics

Assignment Code : IBO-05/TMA/2018-19

Coverage : All Blocks

Maximum Marks: 100

Attempt all the questions.

1. (a) Discuss the various types of surcharges that are usually levied on the basic freight rates.

(b) How is the time charter different from bare boat charter? (10+10)

2. What is economic exposure? Explain the method of market initiative as a hedging technique of

economic exposure. (20)

3. Differentiate between the following:

(a) Ship Owner’s Lien and Maritime Lien

(b) Air transport and Rail Transport

(c) Heavy Lift Surcharge and Long Lift Surcharge

(d) Re-order Level (ROL) and Re-order Quantity (ROQ) (5x4)

4. Write short notes on the following

(a) ABC Technique

(b) Tank Container

(c) Voyage Charter

(d) International Chamber of Commerce (5x4)

5. Briefly comment on the following:

(a) Cross subsidization is the characteristics feature of the liner freight.

(b) Bill of Lading is a document of title to goods.

(c) Application for registration is made by the ship owner.

(d) Controlling inventories are vital in the logistics activity mix. (5x4)