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






2. Possession Utility






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






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






5. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.






6. Free Alongside Ship






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






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






9. 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






10. Anything that touches the customer






11. Transportation Management System






12. CFE - MSE - MAD - MAPE






13. Challenge is to evaluate and successfully implement the technology






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






15. Materials Requirement Planning






16. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






17. 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






18. Vendor

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19. Influences product availability






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






21. Producer to Store - servicing the customer






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

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






24. Influencing the order - order execution






25. Electrical Machinery - Power Generation Equipment.






26. Plays large part in intermodal shipments.






27. Enlightened - Educated - easy access to Internet






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






29. Warehouse Management System






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






31. The art and science of management - engineering - and technical activities concerned with requirements - design - and supplying and maintaining resources to support objectives - plans - and operations.






32. Time Utility - Place Utility - Quantity Utility






33. Critical part of global supply chains






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






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






36. The ________ is associated with downstream activities.






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






38. Measures cost and performance of activities.






39. Relevant - Accurate - Accessible - Timely - Transferable






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






41. 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






42. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






43. Free On Board






44. Strategic Alliance






45. Time - Dependability - Communications - Convenience






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






47. Form Utility






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






49. Cost and Freight






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