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. Anything that touches the customer






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






3. 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






4. Processes for developing and implementing successful relationship






5. Canada - China - Mexico






6. Marketing - Manufacturing/operations - Finance - Accounting






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






8. Procurement and Manufacturing - value adding activities






9. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






11. Measures cost and performance of activities.






12. Procurement and Manufacturing - value adding activities






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






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






15. Electrical Machinery - Power Generation Equipment.






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






17. The most pervasive and important global shipment method. Low rates - wide variety of products






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






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






21. Free On Board






22. Vendor

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23. Distribution Requirement Planning






24. Electrical Machinery - Power Generation Equipment






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






26. Influences product availability






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






28. Reliability - Responsiveness - Flexibility - Cost - Assets






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






30. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






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






32. Sales and Order Processing






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






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






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






36. Current 1. WMS 2. Web-enabled communication 3. Visibility tools 4. TMS - Future 1. RFID 2. Collaboration tools 3. Supply chain planning and visibility tools






37. Influencing the order - order execution






38. Relevant - Accurate - Accessible - Timely - Transferable






39. Partner






40. Strategic Alliance






41. 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






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






43. Challenge is to evaluate and successfully implement the technology






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






45. Management of materials in motion and at rest.






46. Fast - high rate






47. Possession Utility






48. 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).






49. Return on Assets.






50. Form Utility