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. The ________ is associated with downstream activities.






2. Anything that touches the customer






3. 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.






4. Free On Board






5. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






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






7. Fast - high rate






8. Measures cost and performance of activities.






9. Deregulation: Transportation - Communications - and Financial Institutions






10. Product/Service - Information - Finance






11. Procurement and Manufacturing - value adding activities






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






13. Collaborative Planning - Forecasting - and Replenishment






14. Right: information - partner - quantity - format - time - place - cost

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15. Free Alongside Ship






16. Cost and Freight






17. Adding value to products by making them available when they're needed.






18. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






19. Focuses on the outbound side of of a firm's logistics system.






20. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






21. Critical part of global supply chains






22. Electrical Machinery - Power Generation Equipment.






23. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico






24. Business Logistics - Military Logistics - Event Logistics - Service Logistics






25. Reliability - Responsiveness - Flexibility - Cost - Assets






26. Customers trade partnership against terrorism






27. Marketing - Manufacturing/operations - Finance - Accounting






28. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






29. Network of activities - facilities and personnel required to organize - schedule and deploy the resources for an even to take place and to effectively withdraw after the even (ex: Superbowl).






30. Enterprise Resource Planning






31. Return on Assets.






32. Delivered Duty Paid






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






34. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






35. Canada - China - Mexico






36. 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.






37. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






38. Current 1. WMS 2. Web-enabled communication 3. Visibility tools 4. TMS - Future 1. RFID 2. Collaboration tools 3. Supply chain planning and visibility tools






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






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






41. Sales and Order Processing






42. Value added by delivering the proper amount of a good.






43. Right product - right time - right quantity - right quality - right cost - right destination






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






45. Partner






46. Influencing the order - order execution






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






48. 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






49. Influences product availability






50. Enlightened - Educated - easy access to Internet