St. Joseph’s College of Commerce M.I.B. 2011 IV Sem International Operations, Logistics And SCM Question Paper PDF Download

St. Joseph’s College of Commerce (AUTONOMOUS)


End Semester Examination – April 2011

MIB – IV Semester

 International Operations, Logistics and SCM



Duration: 3 Hours                                                                                Max. Marks: 100

Note: Answer Part I & Part II in separate answer books.



Section – A

I)Answer any THREE Questions.  Each carries 5 marks.                        (3X5=15)


  • Outline the Role of Freight Forwarders.
  • What are the different types of aircrafts used for air transportation?
  • What do you understand by Intermodal Transportation?
  • What are the various types of containers available for sea transportation?
  • Briefly explain ‘Flag’ in shipping industry.


Section – B

 II)Answer any THREE Questions                                                           (3×10=30)


  • What is the difference between Charter Shipping and Liner Shipping?
  • What are the four principal components of PDM? Derive the Contrast between Systemic control of PDM & monitoring of PDM.
  • Explain with a table, the advantages & disadvantages of different Transportation Systems (select two factors in each).
  • List out and discuss the emerging trends that will impact the future of international logistics.


Section – C


III) Analyze the enclosed case and answer the questions given at the end of the

       case.                                                                                                          (15 marks)                                           




CI4SE 9-1 Double D Trucking
Double D Trucking was started by Douglas Dean in 1981 and has grown from a one-truck operation to a 550-tractor-trailer fleet serving shippers in a five-state region in the upper Midwest. Double D serves the automotive industry by providing inbound transportation to the assembly plants. It has a strategic alliance relationship with the Big Three auto makers and is the exclusive trucking company for a number of the auto suppliers.
From its inception. Double D has been an innovator in the trucking industry. Douglas Dean is widely known for his willingness to adopt new equipment technology, computer systems, and management techniques. This cutting-edge strategy has resulted in customer loyalty and employee allegiance. Double D promotes itself as a trucking company that has never lost a customer and never lost a day to labor disputes.
As Douglas Dean was preparing for a strategic planning meeting with top executives, he was mulling over recent trends in the trucking industry as well as the logistics field. Dean knew Double D was a profitable regional trucking company and registered high in customer satisfaction surveys. He also knew that to retain this enviable position he must continue to be innovative and provide the services customers need.
During the past two years, Double D has witnessed increased competition. Long- haul trucking has come under severe competitive pressure from rail piggyback, and the tong-haul truckers see regional trucking as a profitable marketplace. Expediting carriers, trucking companies that provide rush deliveries, have made significant inroads into the automotive industry, where just-in-time management systems mandate minimal raw material inventories, guaranteed deliveries, and vendor penalties for late deliveries that result in production line stoppage.
The most perplexing trend to Dean is the growing vertical integration of trucking companies into other logistics services. A number of regional trucking companies have started warehousing divisions to provide sorting, kitting (putting pieces together to make up a kit), and cross-docking (moving freight across a dock to a waiting truck). Other carriers are adding third-party logistics divisions to manage a shipper/receiver’s transportation and storage activities. Finally, a few trucking companies have started air carrier divisions, freight-forwarding services, and logistics information services.
Dean also recognizes that this vertical integration of trucking companies is a result of customer demands. As manufacturers move to an integrated logistics supply chain approach, they are demanding that transportation suppliers provide other logistics services. In addition, shippers are reducing the number of vendors, including transportation suppliers, being used and asking the few vendors to provide a wider range of products and value-added services,
After considerable thought, Dean decides that the only viable, long-term strategy for Double D is to become a full-service logistics provider. Being only a trucking company will greatly impair the growth and profit potentials of Double D. The only question remaining for Dean is, what other logistics services are appropriate for Double 0?



  1. Assess the conclusion reached by Douglas Dean regarding the nature of today’s trucking industry and shipper demand characteristics.


  1. Do you agree that the logical strategic thrust for Double D is to vertically integrate and provide other logistics services? Why or why not?




  1. Describe the analytical process you would use to evaluate alternative logistics services being added to Double D’s market offering.
  2. Describe the value-added services you would recommend that the strategic planning team consider for Double D.



PART –ii


Section – A


  1. Answer any TWO of the following questions.         (2×15=30)


  1. What are the different types of inventory?
  2. List the forces needed to implement the supply chain paradigm in an organization.
  3. Write a note on the various transportation network options.


Section – B


  1. Answer any TWO of the following questions.           (2×5=10)


  1.  What is “Bullwhip Effect”?  What are the mechanisms to counter it?
  2. What is the importance of inventory management in SCM?
  3. What are ‘planned imbalances’ in the context of inventory?





St. Joseph’s College of Commerce M.I.B. 2011 IV Sem International Operations, Logistics And SCM Question Paper PDF Download


St. Joseph’s College of Commerce (Autonomous)



International Accounting

Time: 3 hours                                                                                          Max Marks: 100



  1. Answer ALL the following questions.     (2X10=20)


  1. Define international accounting.
  2. What do you mean by environmental reporting?
  3. Give the meaning of comparable uncontrolled price method of transfer pricing.
  4. Highlight on the role of financial reporting council.
  5. What do you mean by code-law and common-law countries?
  6. Give the meaning of Reportable Segment.
  7. Differentiate between Transaction, Translation and Economic Exposure.
  8. Give the meaning of foreign currency exposure.
  9. 9. Elucidate on the three approaches to currency translation.
  10. Explain resale price method of transfer pricing.




  1. Answer any FOUR of the following questions:      (4X5=20)


  1. Highlight on the importance of international accounting.
  2. Write a note on the functioning of the IASC.
  3. Highlight on the Non-traditional methods of transfer pricing.
  4. Elucidate on IFRS-8-Operating Segment.
  5. Write a note on the management on foreign exchange risk.
  6. Goodwill arising on the acquisition of a foreign operation and fair value adjustments are treated as assets / liabilities of the foreign operation and are expressed in the functional currency of the foreign operation-Discuss.



III. Answer any THREE of the following questions:                           (3X15=45)


  1. Briefly explain the ten environmental factors affecting the international accounting.


  1. What do you mean by harmonisaton? How can harmonisaton be measured? And also explain the pressure from different parties to incorporate harmonisaton in financial reporting.








  1. Briefly explain the Financial Reporting in any of the following two countries (Each carrying 7.5 Marks)
  2. a) US
  3. b) Germany
  4. c) France
  5. d) Australia


  1. All entities that have a different functional currency from the group presentation currency must translate their financial information into the group presentation currency-discuss from inflationary and hyperinflationary economy angle.


  1. Differentiate between:
    1. segment assets and segment liabilities
    2. segment revenue and segment expenses
    3. Business segment and geographical segment.




  1. Answer the following question: (1X15=15)


  1. Aaron Duley, the CEO of Nickel Corporation, was discussing with his CFO, Michael Cucciare, whether the company should adopt international accounting standards for financial reporting purposes. Nickel Corporation is based in a country that permits the use of either international accounting standards or domestic GAAP.

“Michael, reporting under our domestic GAAP is much more costly to the company than reporting under International accounting standards. I understand that fewer disclosures are required under international accounting standards. Moreover, international accounting standards provide more choices when it comes to applying accounting methods to our financial statements to produce the most favorable results. And, to be honest with you, the company is going to have to report under our current domestic GAAP. I certainly don’t want that to happen while I’m CEO.”

“I hear you, Aaron, but converting to international accounting standards might look bad to investors. What if the public finds out that we were trying to hide the operating loss or switched to international accounting standards to manipulate the Bottom line? That could prove even more costly in the long run, while saving the company pennies now.”







  1. Referring to the conversation above, should Nickel Corporation prepare this year’s financial statements in accordance with its domestic GAAP, or use international accounting standards? Justify your recommendations and address any concerns.


  1. Assume you are the CFO of Nickel Corporation. How would you reply to the CEO’s suggestion? Summarize your response including why you opted for or against the adoption of international accounting standards.



  1. In your opinion, is there anything ethically wrong with the CEO’s rationale fro the adoption if international accounting standards? Explain.


  1. As Nickel Corporation’s auditor, would you agree to the switch to international accounting standards?