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






2. Customers trade partnership against terrorism






3. Influences product availability






4. Canada - China - Mexico






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






6. Network of activities - facilities and personnel required to organize - schedule and deploy the resources for an even to take place and to effectively withdraw after the even (ex: Superbowl).






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






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






9. Measures cost and performance of activities.






10. Enlightened - Educated - easy access to Internet






11. Plays large part in intermodal shipments.






12. The ________ is associated with downstream activities.






13. Delivered Duty Paid






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






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






16. Fast - high rate






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






18. Order Fill Rate - Perfect Order






19. Partner






20. 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.






21. CFE - MSE - MAD - MAPE






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. Influencing the order - order execution






24. 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






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






26. Free Alongside Ship






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






28. Sales and Order Processing






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






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






31. Distribution Requirement Planning






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






33. Anything that touches the customer






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






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






36. Deregulation: Transportation - Communications - and Financial Institutions






37. Vendor

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






39. Product/Service - Information - Finance






40. Time - Quality - Cost - Supporting Metrics






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






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






43. 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






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






45. Processes for developing and implementing successful relationship






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






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






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






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

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