Week 6 Questions: The Threat Of Transportation Disruptions

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1. Describe the implications of the threat of transportation disruptions, hazards, and risks as they apply to transportation and explain why they are important from financial and service standpoints?
2. Identify and discuss the risk management steps that should be followed to reduce the consequences of disruptions and provide examples with references for each step.
3. Describe the types of transportation challenges that organizations must take into account when considering global sourcing and substantiate your answer with at least two referenced examples.
4. Discuss at least five risks and perils that are present in global transportation, and how exporters and importers can manage these risks. Substantiate your answer with referenced examples.