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. Cost and Freight






2. Business Logistics - Military Logistics - Event Logistics - Service Logistics






3. 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






4. 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.






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






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






7. Time Utility - Place Utility - Quantity Utility






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






9. Management of materials in motion and at rest.






10. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ






11. Deregulation: Transportation - Communications - and Financial Institutions






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






13. The ________ is associated with downstream activities.






14. Delivered Duty Paid






15. Challenge is to evaluate and successfully implement the technology






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






17. Procurement and Manufacturing - value adding activities






18. Anything that touches the customer






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






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






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






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






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






24. Influencing the order - order execution






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






26. Fast - high rate






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






28. Electrical Machinery - Power Generation Equipment






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






30. Partner






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






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

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33. 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






34. Form Utility






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






36. Electrical Machinery - Power Generation Equipment.






37. Influences product availability






38. Time - Quality - Cost - Supporting Metrics






39. Vendor

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40. Strategic Alliance






41. 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






42. Plays large part in intermodal shipments.






43. Transportation Management System






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






45. 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.






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






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






48. Enterprise Resource Planning






49. Product/Service - Information - Finance






50. Value added by delivering the proper amount of a good.