Preview (20 questions)
1 Question
30 secondi fa
Q.

Logistics grew from the _________ function of supplying troops in the field.


Airforce

Military

Commerce

2 Question
30 secondi fa
Q.

The concept of logistics has been systematically divided into how many phases?


Two

Three

Four

3 Question
30 secondi fa
Q.

Place utility is created by _______ function.


Distribution

Operation

Logistics

4 Question
30 secondi fa
Q.

Inbound and outbound logistics is a _________ activity in the generic value chain of logistics.


Support

Primary

Secondary

5 Question
30 secondi fa
Q.

Competitive advantage can be created and achieved by logistics managers by ________ advantage.


Only Cost

Only Value

Both Cost and Value

6 Question
30 secondi fa
Q.

The original sailing vessel was replaced by steamboats in the early 1800s.


True

False

7 Question
30 secondi fa
Q.

The opening of Suez canal saved __________ nautical miles.


4000

4500

5500

8 Question
30 secondi fa
Q.

________ is the business activity of farming out identified non-core activities to external agencies.


Logistics

SCM

Outsourcing

9 Question
30 secondi fa
Q.

___________ and logistics are the two functions performed by Packaging.


Distribution

Marketing

Material Handling

10 Question
30 secondi fa
Q.

The non -logistical component of a logistics mission deals with basic services required for delivering goods.


True

False

11 Question
30 secondi fa
Q.

The logistics strategic analysis reflects the extent of use of logistical components for ________ advantage.


Quantitative

Competitive

Managing

12 Question
30 secondi fa
Q.

In the product life cycle, the emphasis on marketing mix during the maturity stage is ________.


Distribution

Promotion

Price

13 Question
30 secondi fa
Q.

_________ is the freight that is charged when cargo is assessed on a percentage of its value.


Lumpsum

Advance

Dead

14 Question
30 secondi fa
Q.

HRM is a primary activity in the generic value chain of logistics.


True

False

15 Question
30 secondi fa
Q.

The flow of information that facilitates operational activities is __________ information flow.


Forward

Backward

Upward

16 Question
30 secondi fa
Q.

The objective of limited integrated business function stage is __________ reduction.


Distribution

Cost

Profit

17 Question
30 secondi fa
Q.

Marketing and sales are the only activity in the generic value chain of logistics.


True

False

18 Question
30 secondi fa
Q.

The warehouses located near the port is called _________ warehouse.


Export and Import

Bonded

Field

19 Question
30 secondi fa
Q.

Which of the following is the best form of the method of payment for an importer?


Advance remittance

Open account

Credit letter

20 Question
30 secondi fa
Q.

Materials Management and physical distribution are the two major operations of logistics.


True

False