Contemporary Logistics Management Quiz

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

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

    Correct! Wrong!

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

    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 ____________________.

    Correct! Wrong!

    Logistics clearly contributes to _____________________ and ___________________ utility.

    Correct! Wrong!

    Landed costs refer to:

    Correct! Wrong!

    ________________________ is bringing together similar stocks from different sources.

    Correct! Wrong!

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

    Correct! Wrong!

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

    Correct! Wrong!

    Channel intermediaries:

    Correct! Wrong!

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

    Correct! Wrong!

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

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

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    The ownership channel consists of all parties except:

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    The costliest logistics activity in many firms is _________________________.

    Correct! Wrong!

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

    Correct! Wrong!

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    Supply Chain professional working at AMUL with a decade of versatile experience in Materials Procurement, Supply Chain, Contracts Management, Warehousing, Logistics, and Project Management. Business Development and Financial Operations were also fields of expertise. Started “Sourcing and Supply Chain(SSC)” to share knowledge and business expertise for strengthening the procurement process and developing agile supply chain across industries.

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