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






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






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






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






5. Enterprise Resource Planning






6. 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.






7. The ________ is associated with downstream activities.






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






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






10. Order Fill Rate - Perfect Order






11. Distribution Requirement Planning






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






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






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






15. Time Utility - Place Utility - Quantity Utility






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






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






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






19. Plays large part in intermodal shipments.






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






21. Item Fill Rate - Line Fill Rate






22. Deregulation: Transportation - Communications - and Financial Institutions






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






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






25. Processes for developing and implementing successful relationship






26. 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.






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






28. Influencing the order - order execution






29. 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






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






31. Possession Utility






32. Product/Service - Information - Finance






33. Enlightened - Educated - easy access to Internet






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






35. Sales and Order Processing






36. Time - Dependability - Communications - Convenience






37. Marketing - Manufacturing/operations - Finance - Accounting






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






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






40. Materials Requirement Planning






41. Procurement and Manufacturing - value adding activities






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






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






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






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






47. Time - Quality - Cost - Supporting Metrics






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






49. 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).






50. Measures cost and performance of activities.