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. Customers trade partnership against terrorism






2. Canada - China - Mexico






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






4. Time - Quality - Cost - Supporting Metrics






5. Organizations require collaboration or cooperation.






6. 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






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






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






9. The ________ is associated with downstream activities.






10. Sales and Order Processing






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






12. Measures cost and performance of activities.






13. Enterprise Resource Planning






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






15. 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






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






17. Reliability - Responsiveness - Flexibility - Cost - Assets






18. Warehouse Management System






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






20. Anything that touches the customer






21. Cost and Freight






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






23. Partner






24. Vendor

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


25. Time Utility - Place Utility - Quantity Utility






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






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






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






29. Enlightened - Educated - easy access to Internet






30. Influencing the order - order execution






31. Processes for developing and implementing successful relationship






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






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






34. Transportation Management System






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






36. Plays large part in intermodal shipments.






37. Management of materials in motion and at rest.






38. Strategic Alliance






39. 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.






40. Procurement and Manufacturing - value adding activities






41. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






42. 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).






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






45. Procurement and Manufacturing - value adding activities






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






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






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






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






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