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. Electrical Machinery - Power Generation Equipment.






2. Form Utility






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






4. Enlightened - Educated - easy access to Internet






5. Collaborative Planning - Forecasting - and Replenishment






6. Adding value to products by having them where people want them.






7. 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






8. Cost - Insurance - and Freight






9. Time Utility - Place Utility - Quantity Utility






10. Enterprise Resource Planning






11. Strategic Alliance






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






13. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






15. Organizations require collaboration or cooperation.






16. Management of materials in motion and at rest.






17. Fast - high rate






18. Time - Quality - Cost - Supporting Metrics






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






20. The ________ is associated with downstream activities.






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






22. Procurement and Manufacturing - value adding activities






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






24. Partner






25. Sales and Order Processing






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






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






28. Form - Time - Place - Quantity - Possession






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






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






31. 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).






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






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






34. Influencing the order - order execution






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






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






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






38. 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.






39. Customers trade partnership against terrorism






40. 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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41. Act as agents for domestic firms in the international arena.






42. Plays large part in intermodal shipments.






43. 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






44. Transportation Management System






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






46. Electrical Machinery - Power Generation Equipment






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






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






49. Processes for developing and implementing successful relationship






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