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. Plays large part in intermodal shipments.






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






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






4. Distribution Requirement Planning






5. Influencing the order - order execution






6. Item Fill Rate - Line Fill Rate






7. Cost - Insurance - and Freight






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






9. Electrical Machinery - Power Generation Equipment.






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






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






12. Time - Quality - Cost - Supporting Metrics






13. Procurement and Manufacturing - value adding activities






14. Measures cost and performance of activities.






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






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






17. 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.

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


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






19. Warehouse Management System






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






21. Product/Service - Information - Finance






22. Time Utility - Place Utility - Quantity Utility






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






24. Free On Board






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






26. Customers trade partnership against terrorism






27. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






28. Fast - high rate






29. Possession Utility






30. 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


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






32. 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






33. 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.






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






35. 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






36. Management of materials in motion and at rest.






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






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






39. The ________ is associated with downstream activities.






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






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






42. Critical part of global supply chains






43. 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.






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






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






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






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






48. Return on Assets.






49. Vendor

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


50. Free Alongside Ship