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. Relevant - Accurate - Accessible - Timely - Transferable






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






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






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






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






7. The ________ is associated with downstream activities.






8. Deregulation: Transportation - Communications - and Financial Institutions






9. Reliability - Responsiveness - Flexibility - Cost - Assets






10. 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






11. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






12. Challenge is to evaluate and successfully implement the technology






13. Canada - China - Mexico






14. Distribution Requirement Planning






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






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






17. Critical part of global supply chains






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






19. 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






20. Procurement and Manufacturing - value adding activities






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






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






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






24. Anything that touches the customer






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






26. Marketing - Manufacturing/operations - Finance - Accounting






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






28. Product/Service - Information - Finance






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






30. Free Alongside Ship






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






32. Influences product availability






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






34. Plays large part in intermodal shipments.






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






36. Transportation Management System






37. Cost and Freight






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






39. Processes for developing and implementing successful relationship






40. Item Fill Rate - Line Fill Rate






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






42. Enlightened - Educated - easy access to Internet






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






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






45. Order Fill Rate - Perfect Order






46. Electrical Machinery - Power Generation Equipment.






47. Organizations require collaboration or cooperation.






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






49. Management of materials in motion and at rest.






50. Time - Dependability - Communications - Convenience