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. 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






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

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3. 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.






4. Product/Service - Information - Finance






5. Processes for developing and implementing successful relationship






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






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






8. Partner






9. Management of materials in motion and at rest.






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






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






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






13. Cost and Freight






14. Materials Requirement Planning






15. Plays large part in intermodal shipments.






16. CFE - MSE - MAD - MAPE






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






18. 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).






19. Procurement and Manufacturing - value adding activities






20. Time - Dependability - Communications - Convenience






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






22. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






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






24. Return on Assets.






25. Transportation Management System






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






27. Marketing - Manufacturing/operations - Finance - Accounting






28. Free On Board






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






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






31. 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.






32. Challenge is to evaluate and successfully implement the technology






33. Distribution Requirement Planning






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






35. Time Utility - Place Utility - Quantity Utility






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






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






38. Customers trade partnership against terrorism






39. Collaborative Planning - Forecasting - and Replenishment






40. Measures cost and performance of activities.






41. Delivered Duty Paid






42. Sales and Order Processing






43. Free Alongside Ship






44. Relevant - Accurate - Accessible - Timely - Transferable






45. Critical part of global supply chains






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






47. 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






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






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






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