Q5. Write short notes on following:
Q5. a) Public Warehouse.
Ans) A public warehouse is a huge warehouse where businesses can rent storage and fulfilment space. The warehouse normally rents space based on the quantity of square footage occupied by the product, and fulfilment services are supplied for a fee. Agreements and SLAs will differ from one warehouse to the next and may include minimum average order volume (AOV) standards or higher storage charges for slow-moving inventory.
The key benefits of public warehouses include:
Lower costs: SMBs may instantly begin stocking skuas and shipping to consumers without having to invest the funds, resources, or time required to run and maintain their own specialised warehouses.
Scalability : As a firm grows, retailers can use inventory forecasting to expand shelf space and negotiate new SLAs as needed. When it's time to scale up, public warehouse providers should be able to accommodate — and even predict — with the correct Warehouse Management System.
Flexibility : Public warehouses frequently provide month-to-month leases, which, when combined with a nationwide network of warehouses, can allow SMBs to transfer skua in accordance with geographic demand.
Strategic Locations: SMBs can now strategically select public warehouse locations that provide 2-day delivery thanks to the growth of ecommerce. Most SMBs can ship in 1-2 days to 95-99% of the US without sacrificing margins provided they have the correct data and warehousing alternatives.
Q5. b) Commercial Shipping
Ans) It is the business component of the Maritime Industry, and it is referred to as commercial shipping. When we speak of commercial shipping, we are referring to the experts who are active on land in the processes of import-export trade and logistics. Many employees on land work in offices to care after the business and ensure that it runs well. These people include ship brokers, ship charterers, port managers and port agents, ship managers and crew supervisors, vessel operators and commodity merchants, among many others.
Q5. c) Multi-Modal Transport Document
Ans) A document issued or signed by a carrier that indicates that a shipment will be transported by more than one mode of transportation. Typical multimodal transport documents for a door-to-port shipment with main carriage by vessel might specify pickup at the point of origin (often the seller's premises), pre-carriage by truck, and main carriage from the named port of loading to the named port of discharge by a named vessel.
Typical multimodal transport documents are available online at www.multimodaltransport.com . If the contact carriage was properly drafted, the document could be issued either on a received for shipment basis at any time after the goods passed through the control of the main carrier or on an on-board basis after the goods were loaded onto the named vessel, depending on how the document was drafted. Given the fact that certain cruise lines will only assume obligation for cargo while it is on their vessel, it is critical to thoroughly review the contract of carriage.
Q5. d) Privatisation of Ports (4X5)
Ans) Recently, a substantial number of countries have established policies targeted at modernising their port infrastructure. Privatization has frequently been a key component of such plans, with the hope that it will increase efficiency and decrease the tremendous financial burden placed on governments that strive to sustain such a capital-intensive industry.
One of the most persuasive arguments in favour of privatisation is that the transfer of ownership from public to private hands will, in the long run, result in an increase in economic efficiency and, consequently, an improvement in financial and operational performance. It is the purpose of this paper to investigate the theoretical foundations and practical validity of this claim, and to conclude that privatisation is only a partial cure for what ails the world's ports, and that, if implemented in isolation, it will not be able to provide the much-needed panacea for the industry's problems.
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Master in Commerce – MCOM First Year Solved Assignments for January 2022 and July 2021 Admission Cycles
MCOM Tutor Marked Solved Assignment
Course Code : IBO – 05 Course Title : International Marketing Logistics Assignment Code : IBO-05/TMA/2021-22 Coverage : All Blocks
IBO – 05 International Marketing Logistics Solved Assignment for 2021-22
Following are the questions of IBO – 05-International Marketing Logistics of IGNOU – MCOM First Year Assignment for 2021-22 session. To download answers of all the questions of this assignment in English click on the question, subject to availability of answer, you can view or download the answer there.
Session | 2021-22 |
University | IGNOU |
Programme Code | Master of Commerce – M.Com |
Course Code | IBO05 – Master of Commerce (M.Com) – First Year |
Course Title | International Marketing Logistics |
Assignment Code | IBO-05/TMA/2021-2022 |
Language | English |
Applicability of Assignments | These assignments are applicable to all the students to be appear in TEE June 2022 or TEE Dec 2022 irrespective of their admission cycle. |
Last Date of Assignment Submission | For TEE June 2022 – Extended to 15th April, 2022 For TEE Dec 2022 – 15th September, 2022 |
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Question 1. (a) What are the various factors taken into consideration while selecting the mode of transportation for export cargo. Explain. Question 1. (b) Describe the responsibilities of ship owners and the charterers under different forms of chartering arrangements.
Question 2. (a) Discuss briefly the various constraints faced by Indian shipping industry. Question 2. (b) What is Maritime Fraud? State the various factors that lead to commitment of maritime frauds
(i) “Objectives and policies for functioning of the supply chain are usually in conflict both within and across operational units.” (ii) “The world economic situation and the world trade are very closely related.” (iii) “Shippers-Ship owners consultation arrangements in India leave much scope for Improvement.” (iv) The rate of return from warehousing business is low and the gestation period is rather long
(i) Domestic logistics and International logistics (ii) Inland container depots and Container fright stations (iii) Weight ton and Measurement ton (iv) Reorder Level (ROL) and Reorder Quantity (ROQ)
(i) Public Warehouse. (ii) Commercial Shipping (iii) Multi-Modal Transport Document (iv) Privatisation of Ports
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Course Code : | IBO-05 |
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Course Title : | अंतर्राष्ट्रीय विपणन लॉजिस्टिक्स (International Marketing Logistics) |
Medium : | English Medium |
Session : | 2021-22 (July 2021 and January 2022) |
Last Date of Submission : | 15th March, 2022 (for July 2021 session) 15th September, 2022 (for January 2022 session) |
Assignment Code : | IBO-05/TMA/2021-22 |
Course Code : | IBO-5 |
---|---|
Course Title : | International Marketing Logistics |
Medium : | English Medium |
Program : | M.COM (1st Year) |
Maximum Marks : | 100 |
Weightage : | 30% |
Session : | July 2021 and January 2022 (2021-22) |
Last Date of Submission : | 15th March, 2022 (for July 2021 session) 15th September, 2022 (for January 2022 session) |
Solution Type : | Softcopy (PDF File) |
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Course Code : | MEG-04 |
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Medium : | English |
Session : | 2021-22 (July 2021 and January 2022) |
Last Date of Submission : | 31st March, 2022 (for July 2021 session) 30th September, 2022 (for January 2022 session) |
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: | IBO-5 International Marketing Logistics (Solved Assignment) | |
: | Master of Commerce (MCOM) | |
: | First Year | |
: | Soft Copy / PDF | |
: | 2021-22 | |
: | English or Hindi |
Additional information, ignou ibo 5 solved assignment 2021-22 : international marketing logistics.
The students of Indira Gandhi National Open University may require IGNOU IBO 5 Solved Assignment 2021-22 in English or Hindi medium as reference material to prepare their Tutor Marked Assignment (TMA) of this first year Ignou M.Com course.This reference IGNOU M.com assignment of IBO-5 course will help students in completing their task.
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To prepare for upcoming June and December Term-end examination IBO-5: International Marketing Logistics, students should download and make use IGNOU IBO 5 Question paper of previous years.
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International Business Environment
Course Code : IBO 01
Course Title : International Business Environment
Assignment Code : IBO 01/TMA/2021-2022
Coverage : All Blocks
Attempt all the questions:
1. Do you think that study of international business environment is relevant for the Managers? Give your arguments and explain the Technological and Socio-cultural environment of international business.
2. a) Describe the functioning of Bretton Woods System with examples.
b) Explain various International Commodity Agreements.
3. Distinguish between:
a) Void agreements and void contract
b) Utilitarianism and Formalism
c) Absolute advantage and comparative advantage of trade
d) GATT and WTO
4. Comment on the following:
a) Geographic environment does not affect demand pattern of the people living in the country.
b) When goods are bought by description from a seller, there is no implied condition that goods shall be of merchantable quality.
c) Arbitration is not preferred by the parties involved in international business.
d) Free trade is always better than no trade.
5. Write short notes on the following:
a) Code of Ethics for International Marketing
b) Current Account and Capital Account of Balance of Payments
c) Essential Elements of a Valid Contract
d) Strategic Alliances and Technology Transfer
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Course Code : IBO-05 Course Title : International Marketing Logistics Medium : English Session : 2021-22 (July 2021 and January 2022) Last Date of Submission : 15th March, 2022 (for July 2021 session) 15th September, 2022 (for January 2022 session) Assignment Questions : Click Here
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