MGSC 492 Actual Questions and Correct Answers
Q1
Freight forwarders skill lies in the ability to...
Answer: Integrate the actions of multiple logistics providers, customs authorities and
government agencies as well as ensuring that all the required documentation is in
perfect order
Q2
Global coverage is achieved by...
Answer: Establishing networks of offices that are either owned or provided by local
forwarding companies who act as agents on their behalf
Q3
Uncertainties of global logistics activities can be categorized by the 4 Ds... 5th D?
Answer: Distance, demand, diversity, and documentation Longer transport distance
Increased uncertainty of demand Diversity of culture and administration The wide
differences in documentation required to facilitate international freight In the 21th
century a fifth D has been added - The increasing desires of customers who expect
lower prices
Q4
Very often freight forwarders act as the...
Answer: Lead logistics supplier to a customer in that they coordinate the activities of
various other specialist logistics suppliers who each play a separate role in fulfilling an
international movement of freight for the customer.
Q5
Freight forwarders as it suits their business.
Answer: Own or lease logistics assets
Q6
Some small freight forwarding companies operate on an asset light business - this allows them
to be...
Answer: Highly flexible - these companies often suffer from reduced customer service
as they are more frequently let down by the quality of the contractors they hire
Q1
Freight forwarders skill lies in the ability to...
Answer: Integrate the actions of multiple logistics providers, customs authorities and
government agencies as well as ensuring that all the required documentation is in
perfect order
Q2
Global coverage is achieved by...
Answer: Establishing networks of offices that are either owned or provided by local
forwarding companies who act as agents on their behalf
Q3
Uncertainties of global logistics activities can be categorized by the 4 Ds... 5th D?
Answer: Distance, demand, diversity, and documentation Longer transport distance
Increased uncertainty of demand Diversity of culture and administration The wide
differences in documentation required to facilitate international freight In the 21th
century a fifth D has been added - The increasing desires of customers who expect
lower prices
Q4
Very often freight forwarders act as the...
Answer: Lead logistics supplier to a customer in that they coordinate the activities of
various other specialist logistics suppliers who each play a separate role in fulfilling an
international movement of freight for the customer.
Q5
Freight forwarders as it suits their business.
Answer: Own or lease logistics assets
Q6
Some small freight forwarding companies operate on an asset light business - this allows them
to be...
Answer: Highly flexible - these companies often suffer from reduced customer service
as they are more frequently let down by the quality of the contractors they hire
