Test your basic knowledge |

Business Logistics Management

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Transportation Management System






2. Strategic Alliance






3. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






4. Analyze and evaluate on organizations efficiency over a time period.






5. Form - Time - Place - Quantity - Possession






6. Return on Assets.






7. Influencing the order - order execution






8. Product/Service - Information - Finance






9. Management of materials in motion and at rest.






10. Real and recognized benefits to all members - Dynamic creation - measurement - and evolution of collaborative partnerships - Co-buyer and co-seller relationships - Flexibility and security - Collaboration across all stages of business process integ






11. Marketing - Manufacturing/operations - Finance - Accounting






12. Value added to goods through a manufacturing or assembly process.






13. Distribution Requirement Planning






14. Primarily created through the basic marketing activities related to the promotion of products and services -






15. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






16. Enterprise Resource Planning






17. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






18. Vendor

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19. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






20. The management of the movement of materials and information within - into - and out of the firm






21. Cost - Insurance - and Freight






22. Materials Requirement Planning






23. Time - Quality - Cost - Supporting Metrics






24. Critical part of global supply chains






25. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






26. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.






27. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






28. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






29. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ






30. Management of Product/Service - Information - and Cash Flows.






31. Both parties in a vendor relational are said to be at "arm's" length.






32. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






33. An external supplier that performs all or part of a company's logistics functions.






34. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






35. Procurement and Manufacturing - value adding activities






36. The time that elapses from when a buyer places an order until receipt of the order






37. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






38. Export goods and services to overseas buyers and handles most of the export arrangements.






39. Processes for developing and implementing successful relationship






40. Anything that touches the customer






41. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






42. Sales and Order Processing






43. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






44. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






45. Electrical Machinery - Power Generation Equipment






46. Act as agents for domestic firms in the international arena.






47. Measures cost and performance of activities.






48. CFE - MSE - MAD - MAPE






49. Free Alongside Ship






50. The ________ is associated with downstream activities.