Logistic management is _______ part of a successful business.
Minimal
An integral
An unrelated
The task of buying goods of the right quality, in the right quantity, at the right time, at the right place, is called __________.
Purchasing
Supplying
Scrutinizing
________ were originally used to label cars on the railroads.
Color coding
Procurements
Barcodes
Is Logistics management a part of the supply chain?
Yes
No
Buying according to the requirements is called _______ buying.
Seasonal
Hand to mouth
Speculative
Expand the term: VLCC
Very Large Crude Container
Very Large Closed Container
Very Large Crude Carrier
Place Utility is created by _______ function.
Distribution
Operation
Logistics
Which of the following is not an activity in the generic value chain of logistics?
Supply chain management
Human Resource Management
Marketing and sales
Form utility is created by _______ function.
Operation
Logistics
Distribution
The objective of the independent business function stage is the maximization of profit by _________.
More expenses
Core competency
Sales volume
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