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 network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






2. Critical part of global supply chains






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






4. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






7. Partner






8. Sales and Order Processing






9. Plays large part in intermodal shipments.






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






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

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






13. Enlightened - Educated - easy access to Internet






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






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






16. Organizations require collaboration or cooperation.






17. Transportation - Warehousing and storage - Industrial packaging - Materials handling - Inventory control - Order fulfillment - Demand forecasting - Production planning/scheduling - Procurement - Customer service - Facility location - Return goods han






18. Collaborative Planning - Forecasting - and Replenishment






19. Reliability - Responsiveness - Flexibility - Cost - Assets






20. Return on Assets.






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






22. Marketing - Manufacturing/operations - Finance - Accounting






23. Delivered Duty Paid






24. Challenge is to evaluate and successfully implement the technology






25. Canada - China - Mexico






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






27. Time - Dependability - Communications - Convenience






28. Distribution Requirement Planning






29. Free Alongside Ship






30. 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.






31. Possession Utility






32. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






33. Measures cost and performance of activities.






34. Cost - Insurance - and Freight






35. The ________ is associated with downstream activities.






36. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






37. Enterprise Resource Planning






38. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.

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39. Adding value to products by having them where people want them.






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






41. Time - Quality - Cost - Supporting Metrics






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






43. Warehouse Management System






44. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






45. Transportation Management System






46. Form Utility






47. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






48. Management of materials in motion and at rest.






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






50. Item Fill Rate - Line Fill Rate