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. Warehouse Management System






2. Canada - China - Mexico






3. Challenge is to evaluate and successfully implement the technology






4. Product/Service - Information - Finance






5. Free Alongside Ship






6. Strategic Alliance






7. Distribution Requirement Planning






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






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






10. Enlightened - Educated - easy access to Internet






11. How firms in this industry create value for their commercial clients






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






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






14. Processes for developing and implementing successful relationship






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






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






17. 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






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






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






20. The most pervasive and important global shipment method. Low rates - wide variety of products






21. Organizations require collaboration or cooperation.






22. 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.






23. Deregulation: Transportation - Communications - and Financial Institutions






24. Influences product availability






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






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






27. Fast - high rate






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






29. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






30. Electrical Machinery - Power Generation Equipment






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






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


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






34. The ________ is associated with downstream activities.






35. Producer to Store - servicing the customer






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






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






38. Form Utility






39. Time - Dependability - Communications - Convenience






40. Customers trade partnership against terrorism






41. Return on Assets.






42. Order Fill Rate - Perfect Order






43. Delivered Duty Paid






44. Procurement and Manufacturing - value adding activities






45. Form - Time - Place - Quantity - Possession






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






47. Cost - Insurance - and Freight






48. Measures cost and performance of activities.






49. Relevant - Accurate - Accessible - Timely - Transferable






50. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base