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. Organizations require collaboration or cooperation.






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






3. Plays large part in intermodal shipments.






4. 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






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






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






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






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






9. Time - Dependability - Communications - Convenience






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






11. 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






12. Delivered Duty Paid






13. Influencing the order - order execution






14. Distribution Requirement Planning






15. Vendor

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16. Anything that touches the customer






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






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






19. 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






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






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






22. 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






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






24. Processes for developing and implementing successful relationship






25. Possession Utility






26. Influences product availability






27. The ________ is associated with downstream activities.






28. Return on Assets.






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






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






31. Measures cost and performance of activities.






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






33. Time Utility - Place Utility - Quantity Utility






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






35. Form - Time - Place - Quantity - Possession






36. Producer to Store - servicing the customer






37. Strategic Alliance






38. Electrical Machinery - Power Generation Equipment






39. Electrical Machinery - Power Generation Equipment.






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






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






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






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






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.

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45. 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.






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






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. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.






49. Form Utility






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