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. Sales and Order Processing






2. 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






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






4. Deregulation: Transportation - Communications - and Financial Institutions






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






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






7. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






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






10. Measures cost and performance of activities.






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






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






13. Time - Quality - Cost - Supporting Metrics






14. 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






15. The ________ is associated with downstream activities.






16. Electrical Machinery - Power Generation Equipment.






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






18. Procurement and Manufacturing - value adding activities






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. Cost and Freight






21. Vendor

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22. Form - Time - Place - Quantity - Possession






23. Plays large part in intermodal shipments.






24. Time - Dependability - Communications - Convenience






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






26. CFE - MSE - MAD - MAPE






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






28. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






29. 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






30. Anything that touches the customer






31. Reliability - Responsiveness - Flexibility - Cost - Assets






32. 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.






33. Product/Service - Information - Finance






34. Order Fill Rate - Perfect Order






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






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






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






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






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






40. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






41. Influencing the order - order execution






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






43. Organizations require collaboration or cooperation.






44. Act as agents for domestic firms in the international arena.






45. Free On Board






46. Influences product availability






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






48. Electrical Machinery - Power Generation Equipment






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






50. Time Utility - Place Utility - Quantity Utility