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






2. Marketing - Manufacturing/operations - Finance - Accounting






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

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






5. Possession Utility






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






7. 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.






8. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






10. 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






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






12. Warehouse Management System






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






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






15. Critical part of global supply chains






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






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






18. Challenge is to evaluate and successfully implement the technology






19. Sales and Order Processing






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






21. Cost and Freight






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






23. Canada - China - Mexico






24. Influences product availability






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






26. The ________ is associated with downstream activities.






27. Deregulation: Transportation - Communications - and Financial Institutions






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






29. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






30. Enterprise Resource Planning






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






32. Relevant - Accurate - Accessible - Timely - Transferable






33. CFE - MSE - MAD - MAPE






34. Management of materials in motion and at rest.






35. Plays large part in intermodal shipments.






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






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






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






39. Transportation Management System






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






41. 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.






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






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






44. Time - Quality - Cost - Supporting Metrics






45. 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.






46. Influencing the order - order execution






47. Processes for developing and implementing successful relationship






48. Strategic Alliance






49. Enlightened - Educated - easy access to Internet






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







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Can you answer 50 questions in 15 minutes?


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