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. Procurement and Manufacturing - value adding activities






2. Influencing the order - order execution






3. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






4. Electrical Machinery - Power Generation Equipment






5. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






7. Plays large part in intermodal shipments.






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






9. Transportation Management System






10. Delivered Duty Paid






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






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






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






14. Return on Assets.






15. Procurement and Manufacturing - value adding activities






16. Form Utility






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






18. Materials Requirement Planning






19. 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.






20. Canada - China - Mexico






21. Enlightened - Educated - easy access to Internet






22. 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






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






24. Collaborative Planning - Forecasting - and Replenishment






25. Free Alongside Ship






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






27. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






28. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






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






30. Producer to Store - servicing the customer






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






32. 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






33. Product/Service - Information - Finance






34. Anything that touches the customer






35. Cost and Freight






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






37. Order Fill Rate - Perfect Order






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






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






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






41. Reliability - Responsiveness - Flexibility - Cost - Assets






42. Customers trade partnership against terrorism






43. 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.






44. 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.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


45. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






46. Cost - Insurance - and Freight






47. Marketing - Manufacturing/operations - Finance - Accounting






48. 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.






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






50. CFE - MSE - MAD - MAPE