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. Reliability - Responsiveness - Flexibility - Cost - Assets






2. Strategic Alliance






3. Relevant - Accurate - Accessible - Timely - Transferable






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






5. Adding value to products by making them available when they're needed.






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






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






8. Influences product availability






9. Sales and Order Processing






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






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






12. Customers trade partnership against terrorism






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






14. Vendor

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15. Electrical Machinery - Power Generation Equipment.






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






17. Influencing the order - order execution






18. Return on Assets.






19. Marketing - Manufacturing/operations - Finance - Accounting






20. Challenge is to evaluate and successfully implement the technology






21. CFE - MSE - MAD - MAPE






22. 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.






23. 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.

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






25. The ________ is associated with downstream activities.






26. Product/Service - Information - Finance






27. Transportation Management System






28. 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.






29. Order Fill Rate - Perfect Order






30. Management of materials in motion and at rest.






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






32. Fast - high rate






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






34. Form Utility






35. Processes for developing and implementing successful relationship






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






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






38. Possession Utility






39. Deregulation: Transportation - Communications - and Financial Institutions






40. 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






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






42. Distribution Requirement Planning






43. 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.






44. Canada - China - Mexico






45. Warehouse Management System






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






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






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






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






50. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.