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






2. Distribution Requirement Planning






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






4. Critical part of global supply chains






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






6. Order Fill Rate - Perfect Order






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






8. 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






9. 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.






10. Challenge is to evaluate and successfully implement the technology






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






12. 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


13. Form - Time - Place - Quantity - Possession






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






15. Form Utility






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

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


17. Enterprise Resource Planning






18. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






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






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






21. Time - Dependability - Communications - Convenience






22. Warehouse Management System






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






24. Sales and Order Processing






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






26. Customers trade partnership against terrorism






27. Strategic Alliance






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






29. Relevant - Accurate - Accessible - Timely - Transferable






30. Product/Service - Information - Finance






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






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






33. Possession Utility






34. 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






35. Processes for developing and implementing successful relationship






36. Time - Quality - Cost - Supporting Metrics






37. Cost and Freight






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






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






41. Time Utility - Place Utility - Quantity Utility






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






43. Item Fill Rate - Line Fill Rate






44. Partner






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






46. The ________ is associated with downstream activities.






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






48. Management of materials in motion and at rest.






49. Deregulation: Transportation - Communications - and Financial Institutions






50. Fast - high rate







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests