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. Measures cost and performance of activities.






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






3. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






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






5. Procurement and Manufacturing - value adding activities






6. Customers trade partnership against terrorism






7. Influencing the order - order execution






8. Organizations require collaboration or cooperation.






9. Item Fill Rate - Line Fill Rate






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






11. Time - Quality - Cost - Supporting Metrics






12. Procurement and Manufacturing - value adding activities






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






14. 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.






15. Electrical Machinery - Power Generation Equipment.






16. Marketing - Manufacturing/operations - Finance - Accounting






17. Possession Utility






18. Plays large part in intermodal shipments.






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






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






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






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






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






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






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






26. Challenge is to evaluate and successfully implement the technology






27. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






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






29. 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.






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






31. Distribution Requirement Planning






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






33. Strategic Alliance






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






35. The ________ is associated with downstream activities.






36. Transportation Management System






37. Free Alongside Ship






38. Producer to Store - servicing the customer






39. Form - Time - Place - Quantity - Possession






40. Anything that touches the customer






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






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






43. Time Utility - Place Utility - Quantity Utility






44. Vendor

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






46. Critical part of global supply chains






47. Reliability - Responsiveness - Flexibility - Cost - Assets






48. 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.






49. Return on Assets.






50. 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