Contemporary Logistics Management Quiz

This is a timed quiz. You will be given 20 seconds per question. Are you ready?

__________________________ are stores with large amounts of both floor space and product for sale.

Big-box retailers

Mass merchandisers

Do-it-yourself (DIY) retailers

Power retailers

Correct! Wrong!

Enticing customers with the promise of low-priced product, only to find that it is unavailable, but having a higher-priced substitute product readily available refers to the ____________________.

unfair trade practices

price lining

bait-and-switch tacticts

loss-leader marketing

Correct! Wrong!

Every customer getting the same type and level of logistics service refers to _______________.

mass logistics

efficiency

tailored logistics

effectiveness

Correct! Wrong!

"How well a company does what it says it's going to do" represents ___________________.

effectiveness

productivity

quality

efficiency

Correct! Wrong!

Channel intermediaries:

tend to disappear as the market becomes organized

assume temporary ownership of the goods

tend to lack focus

fill niches

Correct! Wrong!

Which of the following is not part of the marketing channel?

negotiations channel

finance channel

logistics channel

management channel

Correct! Wrong!

Which concept refers to the storage of the finished product and movement to the customer?

physical distribution

supply chain management

business logistics

materials management

Correct! Wrong!

Landed costs refer to:

the costs of product shipped via surface transport.

a price that includes both the cost of the product plus transportation to the buyer.

the costs of a prepaid shipment

the costs of product that is quoted "Cash on Delivery" (COD)

Correct! Wrong!

The ownership channel consists of all parties except:

retailers

wholesellers

manufacturers

customers

Correct! Wrong!

An example of ____________________ involves ordering online and then picking up at bricks-and-mortar store.

big-box retailing

supply chain management

omnichannel retailing

finance

Correct! Wrong!

_____________________ refers to the removal of intermediaries between producer and consumer.

Direct channel

Consolidation

Disintermediation

Market Demassification

Correct! Wrong!

The costliest logistics activity in many firms is _________________________.

transportation management

order maangement

industrial packaging

warehousing management

Correct! Wrong!

________________________ is bringing together similar stocks from different sources.

Allocating

Auditing

Assorting

Accumulating

Correct! Wrong!

Logistics clearly contributes to ___ and _ utility.

place; form

possession; time

form; time

time; place

Correct! Wrong!

Logistics managers use the ____________________ approach to coordinate materials management and physical distribution in a cost-effective manner.

total cost

balanced

supply chain

intrafunctional logistics

Correct! Wrong!

Contemporary Logistics Management Quiz

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Contemporary Logistics Management Quiz

__________________________ are stores with large amounts of both floor space and product for sale.

Enticing customers with the promise of low-priced product, only to find that it is unavailable, but having a higher-priced substitute product readily available refers to the ____________________.

Every customer getting the same type and level of logistics service refers to _______________.

"How well a company does what it says it's going to do" represents ___________________.

Channel intermediaries:

Which of the following is not part of the marketing channel?

Which concept refers to the storage of the finished product and movement to the customer?

Landed costs refer to:

The ownership channel consists of all parties except:

An example of ____________________ involves ordering online and then picking up at bricks-and-mortar store.

_____________________ refers to the removal of intermediaries between producer and consumer.

The costliest logistics activity in many firms is _________________________.

________________________ is bringing together similar stocks from different sources.

Logistics clearly contributes to ___ and _ utility.

Logistics managers use the ____________________ approach to coordinate materials management and physical distribution in a cost-effective manner.

Related

Author: Chirag Kalaria

Leave a ReplyCancel reply

__________________________ are stores with large amounts of both floor space and product for sale.

Enticing customers with the promise of low-priced product, only to find that it is unavailable, but having a higher-priced substitute product readily available refers to the ____________________.

Every customer getting the same type and level of logistics service refers to _______________.

"How well a company does what it says it's going to do" represents ___________________.

Channel intermediaries:

Which of the following is not part of the marketing channel?

Which concept refers to the storage of the finished product and movement to the customer?

Landed costs refer to:

The ownership channel consists of all parties except:

An example of ____________________ involves ordering online and then picking up at bricks-and-mortar store.

_____________________ refers to the removal of intermediaries between producer and consumer.

The costliest logistics activity in many firms is _________________________.

________________________ is bringing together similar stocks from different sources.

Logistics clearly contributes to _____________________ and ___________________ utility.

Logistics managers use the ____________________ approach to coordinate materials management and physical distribution in a cost-effective manner.

Related

Author: Chirag Kalaria

Leave a ReplyCancel reply

Logistics clearly contributes to ___ and _ utility.