现代物流-英文版测试题-第一章物流概述
《物流英语》习题及答案1
第1单元物流概述Part V Listening and Speaking2. Reading practice. Please listen carefully to the following sentences read by teacher and translate them out.1)Logistics must make-work effectively.物流必须使生产经营有效。
2)Systems should exist at the macro or corporate level and view.物流系统必须是宏观的，是站在公司全局立场的。
3)Service more than has to expedite a shipment.服务不仅仅是快速装运货物。
4)So in a military sense, the term ‘logistics’ encompasses transport organization, army replenishments and material maintenance.就军事意识而言，物流管理一词意即运输编制、军队补给和物料保养。
5)The introduction of containers and the development of information technology have brought about the development and improvement of logistics’ activities.货柜的发明以及信息技术发达，都从技术方面推动了物流活动的发展。
6)In other words, they are much more concerned with the flow of finished goods from the end of the production line to the customer.换句话说，公司更关注的是产成品从生产线到消费者手中的这一过程。
物流英语(第一篇第一单元)
背景知识：
物流是指以满足顾客需求为目的，考虑成本和效益的物 质资料从供给者到需求者的实体性移动, 是创造时间效用和 空间效用的经济活动。我国国家标准《物流术语》（GB/T 18354-2006）对物流的定义是：物品从供应地向接收地的 实体流动过程。根据实际需要，将运输、储存、搬运、装卸、 包装、流通加工、配送、信息处理等基本功能实施有机结合。 1.物流的研究对象是贯穿流通领域和生产领域的一切物 料流以及有关的信息流，研究目的是对其进行科学规划、管 理与控制，使其高效率、高效益地完成预定的服务目标。 2.物流的活动范围及其广泛，既包括原材料与供应阶段 的物流，也包括生产阶段的物流、销售阶段的物流．退货阶 段的物流及废弃物处理的物流等整个生产、流通、消费过程 的全部物流活动。
（完整版）物流专业英语试卷、答案
（完整版）物流专业英语试卷、答案物流专业英语试卷一、Translation(30分)1．Container transport2．International freight forwarding agent 3．Order cycle time4．Inventory turnover 5．Environmental logistics6．Carrying cost7．Material handling8．Demand forecasting9．Reverse logistics10．Agile logistics11．Third-party logistics12．Initial investment13．Warehouse facility14．Material procurement15．Point of consumption16．多式联运17．分销渠道18．条码19．订单处理20．保税仓库21．前置期22．叉车23．门到门24．准时制物流25．拣选26．提货单27．发货区28．进口税29．规模经济30．供应链整合二、Translate the sentences into Chinese(40分)1、Customer service involves getting the right product to the right customer at the right place, in the right condition and at the right time, at the lowest total cost possible.2、For the time being we are concerned only with the question of how much we have to pay for obsolescence cost.3、 Sometimes the inventory manager increases his levels of inventory to meet the requirement of aless expensive but slower means of transport.4、They offer a closed system with little risk of loss or damage to the products moved, and extremely low costs because minimal labor is involved in their operation.5、The overall goal of logistics is to achieve a targeted level of customer service at the lowest possible total cost.6、Faced with this width of inventory, retailers attempt to reduce risk by pressing manufacturers and wholesalers to assume greater and greater inventory responsibility.7、Decision support systems screen out irrelevant information so it cannot be misused or merely slow down use of the important data.8、Manufacturers have come to realize that the improved packaging of commodities can significantly increase the added value of products.9、Due to improper packing, the goods are terribly damaged.10、More environmentally conscious packaging may save disposal costs and improve the company’s image.三、Reading comprehension（10分）Logistics SystemsA logistics system consists of different functions and activities,such as the following:1.Customer service is a core function in the logistics process.Each business entity should havea customer service department to handle complaints,special orders,loss and damage claims,returns,bills problem,and etc.This function becomes crucial because any dissatisfaction can lead to failure to retain customers.2.Inventory management is to maintain the stock of raw materials and hal-finished products.In order to satisfy the customers' demand and minimize costs,a company should establish an optimal level of inventory to meet the market demand that exceeds your expectations,and at the same time,minimize your inventory holding costs and inventory write-down costs.3.Transportation has taken a great role in many logistics systems for two reasons.First of all,globalization and importin-exporting activities make most products necessary to be transferred from one country to another.Secondly,information revolution has propelled the manufacturing process and consumer behaviors to be changed drastically.Traditional transportation methods need to be upgraded to accommodate modern transportation demand,therefore,containerization and usage of information sharing system emerge.4.Storage is needed to manage the materials and store ready-for-market products in warehouses.There is new technology applied in the storage,for example,automatic ware house.Old-fashioned warehouse has become the distributioncenter where container trucks deliver and pick up the goods./doc/118207716.html,rmation system links all logistics processes and integrates all information to ensure all the handling of large quantity of goods are delivered in an efficient,cost-effective and accurate manner.Questions:1.Which of the following function does a logistics system include? ( )A.Whole sales.B.Cash management.C.Storage.D.Internet.2.Why is customer service an important element? ( )A.To retain and keep customers.B.To gather information about competitors.C.To develop new market.D.To strengthen business partner relationships.3.What is the optimal level of inventory? ( )A.The amount that you can sell as much as possible.B.The amount that you can barely meet market expectation.C.The amount to meet market demand with minimizing your current and potential inventory costs.D.The amount that you can get the most profits.4.Why is transportation so important to the current business environment? ( )A.Transportation means are limited.B.Because of globalization,exports and imports activities.C.Transportation is costly.D.Because of time.5.Why does information system contribute to an efficientlogistics system?( )A.To link and integrate all logistics functions.B.To gather new information.C.To eliminate wrong data.D.To make all data public for future use.四、Answer the following questions in English(20分)1、What activities do warehousing operate? Describe some of them.2、Which costs can affect the total logistics cost?答案一、1、集装箱运输2、国际货运代理3、订货处理周期4、库存周转5、绿色物流6、搬运成本7、物料搬运8、需求预测9、逆向物流10、敏捷物流11、第三方物流12、初始投资13、仓储设施14、物料采购15、消费点16.inter-model transportation 17.distribution channel 18.bar code19.order processing20.bonded warehouse 21. Lead time 22.fork lift truck 23. door-to-door24.just-in-time logistics25.order picking 26、bill of lading 27、receiving 28.imported duty 29.economy of scale 30.supply chain integration二、1、客户服务涉及在合适的地点、合适的条件和合适的时间，以最尽可能低的总成本将合适的产品送至适当的顾客。
物流英语第1章答案.doc
Unit 1.ExercisesI .Comprehension Questions1.What is the logistics?An appropriate modern definition that applies to most industry might be that logistics concerns the every transfer of good from the source of supply through the place of manufacture to the place of consumption in a cost-effective way while providing an acceptable service to the customer.2.How do you comprehend “logistics^ encompasses much more than just the transport of goods?The transport of goods only refers to the physical movement of goods from a place to another place・ But logistics can involve raw materials being brought into the production process and/or finished goods being shipped out to the customer.3.What are included in the elements of logistics?>Transportation;>Inventory management and storage;>Packaging;>Return goods handling;>Information processing;>Customer service;>and other elements・4.What does the inventory management deals with?The inventoiy management deals with balancing the cost of maintaining additional products available against the risk of not having those items when the customer wants them (i.e. the cost of lost sales)・5.Does inventory management become more complex? Why?Yes, the inventory management has become more complex・Because the corporations are reducing their inventory levels gradually, but the inventories are still necessary for corporations to serve customers in many markets. As a result, managers must decide whether they reed additional products in a given market and, if so, how many of which items.6.What does the demand forecasting address?Demand forecasting aims at the need for accurate information on future customer needs so that the logistics system can assure the right products and/or service are available to meet those requirements ・7.Please introduce the customer service in you own words.Customer service is what your business delivers to achieve customer satisfaction. Somebusinesses deliver physical products and may not see themselves as being a service business. However, their customers still measure the business on the service that they experience both pre-sale and after-sale. So customer service is an increasingly important part of business activities.8.In you opinion，which elements of logistics are important?In my opinion, the transportation is important. First, the liberalization of transportation laws in many countries has provided opportunities for knowledgeable managers to obtain better service at lower prices than they could in the past. Second, as inventory levels have dropped in response to the popularity of just-in-time (JIT) strategies, transportation is frequently used to offset the potentially damaging impact on customer service levels that would otherwise result from those inventory reductions.II .Translate the Following Sentences into Chinese1.An appropriate modern definition that applies to most industry might be that logistics concernsthe every transfer of good from the source of supply through the place of manufacture to the place of consumption in a cost-effective way while providing an acceptable service to the customer.当前适用于大多数行业的关于物流的一个恰当的定义是：货物从供应地开始的每一次转移，以一种有效的方式从制造地运到消费地，同时为消费者提供恰当的服务。
现代物流学考试题库(高等教育自学考试资料)
现代物流学-考试题库第一章 概述最早提出物流概念的是（ ）。
A:美国B:英国C:德国D:日本最早提出物流概念的是（ ）。
A:美国B:英国C:德国D:日本物流概念的孕育与萌芽时期是（ ）。
A:从19世纪20年代初到19世纪70年代B:从19世纪70年代中期到19世纪末C:从20世纪初到20世纪50年代D:20世纪50年代中期到20世纪80年代物流概念的孕育与萌芽时期是（ ）。
A:从19世纪20年代初到19世纪70年代B:从19世纪70年代中期到19世纪末C:从20世纪初到20世纪50年代D:20世纪50年代中期到20世纪80年代1915年从市场分销角度提出“物流概念”的学者是（）。
A:阿奇·萧B:琼西·贝克C:奥列基D:斯马凯伊1915年从市场分销角度提出“物流概念”的学者是（）。
A:阿奇·萧B:琼西·贝克C:奥列基D:斯马凯伊分销物流学（physical distribution)阶段是从（ ）。
A:19世纪20年代初到19世纪70年代B:19世纪70年代中期到19世纪末C:20世纪初到20世纪50年代D:20世纪50年代中期到20世纪80年代分销物流学（physical distribution)阶段是从（ ）。
A:19世纪20年代初到19世纪70年代B:19世纪70年代中期到19世纪末C:20世纪初到20世纪50年代D:20世纪50年代中期到20世纪80年代20世纪50-60年代，下列被称为Toyota在生产领城物流技术的朵奇葩的是（ ）A.即时化生产和精益生产B.精益生产和看板技术C.看板技术和物料需求计划D.即时化生产和看板技术20世纪50-60年代，下列被称为Toyota在生产领城物流技术的朵奇葩的是（ ）A.即时化生产和精益生产B.精益生产和看板技术C.看板技术和物料需求计划D.即时化生产和看板技术物流是指物品从供应地向接收地的实体流动过程。
是根据实际需要，将（ ）等基本功能实施的有机结合。
物流英语Unit 1
Unit 1 General Introduction to Logistics
第一单元
I.重点词汇
1.logistics 物流,后勤学 2.warehouse 仓 库
物 流 概 论ຫໍສະໝຸດ 3.inventory 存货,财产清册
4.procurement 获得,取得 5.packing 包装
6.inbound 内地的,归航的
7.outbound 开往外地或国外的 8.handling 搬运
Unit 1 General Introduction to Logistics
第一单元
I.重点词汇
9.coordination 合作,协作 10.strategic planning 战略规划
物 流 概 论
munication 交流,沟通
物 流 概 论
6.Transport is the movement of people,goods,signals and information from
one place to another. 运输是指将人,货物,信号和信息从一个地方转移到另一个地方.
Unit 1 General Introduction to Logistics
物 流 概 论
Unit 1 General Introduction to Logistics
第一单元
Ⅳ.重点语法
1.形容词名词化表达
For example: It is very important to us.形容词表达方式 It is of great importance to us.名词化表达方式
Unit 1 General Introduction to Logistics
物流英语试题及参考答案
物流英语试题及参考答案一、选择题（每题2分，共20分）1. What does the term "LCL" stand for in logistics?A. Less than Container LoadB. Large Container LoadC. Limited Container LoadD. Local Container Load答案：A2. The process of managing the flow of goods and information involves which of the following?A. Inventory managementB. Supply chain managementC. Warehouse managementD. All of the above答案：D3. Which of the following is not a type of transportation mode?A. RoadB. RailC. AirD. Cable答案：D4. What is the abbreviation for "International Commercial Terms"?A. ICTB. ICPC. INCOTERMSD. ITC答案：C5. The term "EDI" refers to:A. Electronic Data InterchangeB. Electronic Document InterfaceC. Electronic Delivery InformationD. Electronic Distribution Interface答案：A6. Which of the following is a key factor in supply chain risk management?A. Cost reductionB. Inventory optimizationC. Supplier reliabilityD. Customer satisfaction答案：C7. The term "3PL" stands for:A. Third Party LogisticsB. Third Party LiabilityC. Third Party LoanD. Third Party Lease答案：A8. What is the role of a customs broker?A. To facilitate the import and export processB. To handle international paymentsC. To manage warehouse operationsD. To provide transportation services答案：A9. Which document is used to provide a detailed description of the goods being shipped?A. Bill of LadingB. Commercial InvoiceC. Packing ListD. Certificate of Origin答案：C10. The term "VMI" stands for:A. Vendor Managed InventoryB. Volume Management IndexC. Value Management IndicatorD. Vehicle Management Interface答案：A二、填空题（每题1分，共10分）11. The _______ is responsible for the goods until they are delivered to the consignee.答案：shipper12. In logistics, "CIF" stands for _______.答案：Cost, Insurance, and Freight13. The process of managing the movement of goods from the point of origin to the point of consumption is known as the _______.答案：supply chain14. A _______ is a person or company that arranges the transportation of goods for others.答案：freight forwarder15. The term "FOB" refers to _______.答案：Free On Board16. The _______ is a document that provides evidence of the terms of a contract for the sale of goods.答案：sales contract17. A _______ is a system that tracks and manages the flow of products and information from raw material stage to the final consumer.答案：ERP (Enterprise Resource Planning)18. The _______ is the process of managing the demand and supply of products or services.答案：demand planning19. The _______ is a document that certifies the origin ofthe goods being shipped.答案：certificate of origin20. The _______ is the process of managing the movement of goods from the warehouse to the customer.答案：distribution三、简答题（每题5分，共30分）21. Explain the difference between "FOB" and "CIF" in international trade.答案：FOB (Free On Board) is a term used when theseller's responsibility ends once the goods are loaded onto the ship, while the buyer is responsible for the transportation from that point. CIF (Cost, Insurance, and Freight) means the seller pays for the cost of the goods, insurance, and freight until they reach the port of destination, after which the buyer takes over the responsibility.22. What are the benefits of using a 3PL provider in a supply chain?答案：Benefits of using a 3PL provider include reduced capital expenditure, access to specialized logistics expertise, improved scalability and flexibility, and the ability to focus on core business activities.23. Describe the role of a bill of lading in international shipping.答案：A bill of lading serves as a contract of carriage, a receipt for the goods shipped, and a document of title. It outlines the terms and conditions of the transport, confirmsthe receipt of the goods by the carrier, and can be used as a legal document in case of disputes.24. What is the purpose of inventory management in logistics。
实用物流专业英语 物流专业英语参考答案 (本章节完整).doc
ReferencesUnit 1 An Introduction to Business LogisticsPart II. Exercises for Dialogue 1Answer the following questions according to the dialogue.1.Logistics means to supply the right product at the right time in the rightquantity in the right condition at the right place for the right customer at the right price.2.It includes the procurement, maintainance, distribution and replacementof personnel and material.3.These two concepts are the same meanings. Logistics is generalmeaning and includes militaiy definition and business definition.Business logistics stresses special term on a trade or business. Exercises for Dialogue 21.(Opening)2.(Opening)Part III. Practical ReadingsExercises for Text 1I.Answer the following questions:1.Business logistics means to be defined as a business-planning framework for the management of material, service, information and capital flows.2.Business logistics involves the following activities: demand forecasting,procurement, materials handling, packaging, warehouse and inventory management, ordering processing, logistics communications, transport, customer service and so on.3- The role of logistics is to maintain the balance between the minute details and the main elements involved in a product.II・1 •商务物流管理有不同版本的不同定义2必要资源的利用3.逆向货物的搬运4.人员和材料的补充5.复杂信息6.现代的商业环境7.需求预测8.设施场地选择9.公司最重要的财富10.公司战略抉择走势评定III.definitions—heart■—output■一service―strategyIV.1.这一非常宽广的物流观点把单一的供应链与贸易公司的方方面而整合在一起。
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TEST BANKCHAPTER 1: AN OVERVIEW OF LOGISTICSMultiple Choice Questions (correct answers are bolded)1.Logistics clearly contributes to ___________ and ___________ utility.a. time; placeb. form; timec. place; formd. possession; time[LO 1.1: To discuss the economic impacts of logistics; Moderate; Application; AACSB Category 3: Analytical thinking]2.___________ utility refers to the value or usefulness that comes from a customer being ableto take possession of a product.a. Timeb. Placec. Formd. Possession[LO 1.1: To discuss the economic impacts of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]3.___________ utility refers to having products available where they are needed bycustomers.a.Possessionb.Timec.Placed.Form[LO 1.1: To discuss the economic impacts of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]4.All of the following are types of economic utility except:a.time.b.production.c.place.d.possession.[LO 1.1: To discuss the economic impacts of logistics; Moderate; Synthesis; AACSB Category 3: Analytical thinking]5.“How well a company does what it says it’s going to do” represents ___________.a.efficiencyb.productivityc.qualityd.effectiveness[LO 1.2: To define what logistics is; Easy; Concept; AASCB Category 3: Analytical thinking] 6.What concept refers to “how well company resources are used to achieve what a companypromises it can do”?a.efficiencyb.productivityc.reengineeringd.effectiveness[LO 1.2: To define what logistics is; Easy; Concept; AASCB Category 3: Analytical thinking]7.Every customer getting the same type and level of logistics service refers to ___________.a.tailored logisticsb.mass logisticsc.effectivenessd.efficiency[LO 1.2: To define what logistics is; Easy; Concept; AASCB Category 3: Analytical thinking]8.Which of the following is not a reason for the increased importance of logistics?a.growing power of manufacturersb.reduction in economic regulationc.globalization of traded.technological advances[LO 1.3: To analyze the increased importance of logistics; Moderate; Synthesis; AACSB Category 3: Analytical thinking]9. Widespread reductions in economic regulation of U.S. transportation carriers occurred in___________.a. the 1960s and 1970sb. the 1970s and 1980sc. the 1980s and 1990sd. only the 1990s[LO 1:3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]10. The ___________ concept suggests that the customer desires a product offering that is highly tailored to the customer’s exact preferences.a. market demassificationb. relationship marketingc. customized customerd. niche marketing[LO 1.3: To analyze the increased importance of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]11. Approximately ___________ percent of U.S. families with children reports that both parents work.a. 70b. 60c. 50d. 40[LO 1.3: To analyze the increased importance of logistics; Moderate; Application; AACSB Category 3: Analytical thinking]12. ___________ refers to the removal of intermediaries between producer and consumer.a. Direct channelb. Market demassificationc. Consolidationd. Disintermediation[LO 1.3: To analyze the increased importance of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]13. ___________ are stores with large amounts of both floor space and product for sale.a. Mass merchandisersb. Power retailersc. Big-box retailersd. Do-it-yourself (DIY) retailers[LO 1.3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]14. An example of ___________ involves ordering something online and then picking it up at a bricks-and-mortar store.a. supply chain managementb. financec. omnichannel retailingd. big-box retailing[LO 1.3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]15. World trade has grown at an average annual rate of approximately ___________ percent since 1990.a. 6b. 5c. 4d. 3[LO 1.3: To analyze the increased importance of logistics; Moderate; Application; AACSB Category 3: Analytical thinking]16. The ___________ approach indicates that a company’s objectives can be realized by recognizing the mutual interdependence of major functional areas.a. systemsb. supply chainc. physical distributiond. materials management[LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]17. The movement and storage of materials into a firm refers to ___________.a. physical distributionb. materials managementc. supply chain managementd. materials handling[LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]18. Which concept refers to the storage of finished product and movement to the customer?a. supply chain managementb. business logisticsc. physical distributiond. materials management[LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]19. Logistics managers use the ___________ approach to coordinate materials management and physical distribution in a cost-efficient manner.a. total costb. supply chainc. balancedd. intrafunctional logistics[LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]20. A cost trade-off is a situation where:a. all costs react according to their individual degrees of inflation in the economy.b. all costs are reflected as a percentage variation from standard costs.c. some costs increase and some costs decrease.d. some costs are eliminated by efficient management controls.[LO 1.4: To discuss the systems and total cost approaches to logistics; Moderate; Synthesis; AACSB Category 3: Analytical thinking]21. The ___________ department often measures inventory in terms of its cost or value in dollars whereas ___________ tends to measure inventory in terms of units.a. marketing; logisticsb. finance; productionc. marketing; productiond. finance; logistics[LO 1.5: To expose you to logistical relationships within the firm; Moderate; Application; AACSB Category 3: Analytical thinking]22. A common interface between production and logistics involves:a. the types of materials handling equipment.b. the length of production runs.c. the use of plastic versus wood pallets.d. the mode of transportation.[LO 1.5: To expose you to logistical relationships within the firm; Moderate; Application; AACSB Category 3: Analytical thinking]23. ___________ refers to the delay of value-added activities such as assembly, production, and packaging to the latest possible time.a. Building blockb. Lean manufacturingc. Deferrald. Postponement[LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]24. The four basic components of the marketing mix include all of the following except:a. price.b. production.c. place.d. promotion.[LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]25. Landed costs refer to:a. the costs of a product shipped via surface transport.b. the costs of a product that is quoted cash on delivery (COD).c. the costs of a prepaid shipment.d. a price that includes both the cost of the product plus transportation to the buyer. [LO 1.5: To expose you to logistical relationships within the firm; Moderate; Concept; AACSB Category 3: Analytical thinking]26. ___________ refers to being out of an item at the same time there is demand for it.a. Postponementb. Tailored logisticsc. Stockoutd. Supplier indifference[LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]27. Enticing customers with the promise of a low-priced product, only to find that it is unavailable, but having a higher-priced substitute product readily available refers to___________.a. loss-leader marketingb. unfair trade practicesc. bait-and-switch tacticsd. price lining[LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]28. Which of the following is not part of the marketing channel?a. logistics channelb. negotiations channelc. management channeld. finance channel[LO 1.6: To introduce you to marketing channels; Moderate; Application; AACSB Category 3: Analytical thinking]29. The ownership channel consists of all parties except:a. customers.b. manufacturers.c. wholesalers.d. retailers.[LO 1.6: To introduce you to marketing channels; Moderate; Concept; AACSB Category 3: Analytical thinking]30. Which channel covers the movement of title to the goods?a. promotionsb. logisticsc. financed. ownership[LO 1.6: To introduce you to marketing channels; Easy; Concept; AACSB Category 3: Analytical thinking]31. ___________ is bringing together similar stocks from different sources.a. Accumulatingb. Assortingc. Auditingd. Allocating[LO 1.6: To introduce you to marketing channels; Moderate; Concept; AACSB Category 3: Analytical thinking]32. ___________ refers to breaking a homogeneous supply into smaller lots.a. Sorting outb. Allocatingc. Accumulatingd. Assorting[LO 1.6: To introduce you to marketing channels; Moderate; Concept; AACSB Category 3: Analytical thinking]33. Channel intermediaries:a. assume temporary ownership of the goods.b. tend to lack focus.c. fill niches.d. tend to disappear as the market becomes organized.[LO 1.6: To introduce you to marketing channels; Moderate; Synthesis; AACSB Category 3: Analytical thinking]34. Brokers are intermediaries that are commonly associated with the ___________ channel.a. promotionsb. financec. ownershipd. negotiation[LO 1.6: To introduce you to marketing channels; Moderate; Concept; AACSB Category 3: Analytical thinking]35. The costliest logistics activity in many firms is ___________.a. industrial packagingb. transportation managementc. order managementd. warehousing management[LO 1.7: To provide a brief overview of activities in the logistics channel; Moderate; Application; AACSB Category 3: Analytical thinking]True-False Questions1. Absolute and relative logistics costs in relation to gross domestic product (GDP) vary from country to country. (True) [LO 1.1: To discuss the economic impacts of logistics; Easy; Application; AACSB Category 3: Analytical thinking]2. The four general types of economic utility are production, possession, time, and place. (False) [LO 1.1: To discuss the economic impacts of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]3. Logistics clearly contributes to time and form utility. (False) [LO 1.1: To discuss the economic impacts of logistics; Easy; Application; AACSB Category 3: Analytical thinking]4. The current definition of logistics, as promulgated by the Council of Supply Chain Management Professionals (CSCMP), suggests that logistics is part of supply chain management. (True) [LO 1.2: To define what logistics is; Easy; application; AASCB Category 3: Analytical thinking]5. Logistics is only concerned with forward flows—that is, those directed toward the point of consumption. (False) [LO 1.2: Define what logistics is; Easy; Application; AASCB Category 3: Analytical thinking]6. The purpose of logistics is to maximize customer service. (False) [LO 1.2: To define what logistics is; Easy; Application; AASCB Category 3: Analytical thinking]7. In mass logistics, groups of customers with similar logistical needs and wants are provided with logistics services appropriate to those wants and needs. (False) [LO 1.2: To define what logistics is; Easy; Concept; AASCB Category 3: Analytical thinking]8. Humanitarian logistics represents an emerging application of logistics to not-for-profit organizations. (True) [LO 1.2: To define what logistics is; Easy; Application; AASCB Category 3: Analytical thinking]9. Reductions in economic regulation allowed individual transportation companies flexibility in pricing and service. (True) [LO 1.3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]10. Market demassification suggests that the customer desires a product offering that is highly tailored to his exact preference. (False) [LO 1.3: To analyze the increased importance of logistics; Moderate; Concept; AACSB Category 3: Analytical thinking]11. Disintermediation refers to the removal of intermediaries between producer and consumer. (True) [LO 1.3: To analyze the increased importance of logistics; Easy; Concept; AACSB Category 3: Analytical thinking]12. Superior logistics is an essential component of corporate strategies for many big-box retailers. (True) [LO 1.3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]13. Logistics has played a minor role in the growth of global trade. (False) [LO 1.3: To analyze the increased importance of logistics; Easy; Application; AACSB Category 3: Analytical thinking]14. The systems approach indicates that a company’s objectives can be realized by recognizing the mutual interdependence of the major functional areas of a firm. (True) [LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]15. A stock-keeping unit (SKU) refers to a line item of inventory offered for sale by a company. (True) [LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]16. Physical distribution is synonymous with materials management. (False) [LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Concept; AACSB Category 3: Analytical thinking]17. Interfunctional logistics attempts to coordinate materials management and physical distribution in a cost-efficient manner that supports an organization’s customer service objectives. (False) [LO 1.4: To discuss the systems and total cost approaches to logistics; Moderate; Application; AACSB Category 3: Analytical thinking]18. The key to the total cost approach is that all relevant cost items are considered simultaneously when making a decision. (True) [LO 1.4: To discuss the systems and total cost approaches to logistics; Easy; Application; AACSB Category 3: Analytical thinking]19. The finance department tends to measure inventory in terms of units whereas logistics tends to measure inventory in terms of its cost or value. (False) [LO 1.5: Logistical relationships within the firm; Easy; Application; AACSB Category 3: Analytical thinking]20. Long production runs sometimes result in excessive inventory of products with limited demand for them. (True) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Application; AACSB Category 3: Analytical thinking]21. Postponement is the delay of value-added activities such as assembly, production, and packaging to the latest possible time. (True) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]22. Logistics offers many companies an important route for creating marketing superiority. (True) [LO 1.5: To expose you to logistical relationships within the firm; Moderate; Application; AACSB Category 3: Analytical thinking]23. Dual distribution refers to an alliance that allows customers to purchase products from two or more name-brand retailers at one store location. (False) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]24. Landed costs refer to the price of a product at its source. (False) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]25. Stockouts refer to a situation in which a company is out of an item at the same time that there is demand for that item. (True) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Concept; AACSB Category 3: Analytical thinking]26. Logistical decisions tend not to be impacted by marketers’ growing emphasis on offering sustainable products. (False) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Application; AACSB Category 3: Analytical thinking]27. Many promotional decisions, such as pricing campaigns that lower the price of certain items, require close coordination between marketing and logistics. (True) [LO 1.5: To expose you to logistical relationships within the firm; Easy; Application; AACSB Category 3: Analytical thinking]28. The ownership channel is the one where buy and sell agreements are reached. (False) [LO 1.6: To introduce you to marketing channels; Easy; Application; AACSB Category 3: Analytical thinking]29. The financing channel handles a company’s credit and payment for goods. (True) [LO 1.6: To introduce you to marketing channels; Easy; Application; AACSB Category 3: Analytical thinking]30. There is no link between the promotions and logistics channels. (False) [LO 1.6: To introduce you to marketing channels; Moderate; Synthesis; AACSB Category 3: Analytical thinking]31. The most significant contribution that the logistics channel makes to the overall channel process is the sorting function. (True) [LO 1.6: To introduce you to marketing channels; Hard; Application; AACSB Category 3: Analytical thinking]32. The sorting function has four steps. (True) [LO 1.6: To introduce you to marketing channels; Moderate; Application; AACSB Category 3: Analytical thinking]33. The sorting function takes place between retailers and the consumer. (False) [LO 1.6: To introduce you to marketing channels; Easy; Application; AACSB Category 3: Analytical thinking]34. Intermediaries assume ownership of goods while those goods are in the marketing channel. (False) [LO 1.6: To introduce you to marketing channels; Moderate; Application; AACSB Category 3: Analytical thinking]35. A broker is a type of intermediary often associated with the negotiations channel. (True) [LO 1.6: To introduce you to marketing channels; Easy; Concept; AACSB Category 3: Analytical thinking]36. A commonly used logistical intermediary is the freight forwarder. (True) [LO 1.6: To introduce you to marketing channels; Moderate; Application; AACSB Category 3: Analytical thinking]37. Demand forecasting is not considered to be a logistics-related activity. (False) [LO 1.7: To provide a brief overview of activities in the logistics channel; Easy; Application; AACSB Category 3: Analytical thinking]38. Packaging can have both a marketing and logistical dimension. (True) [LO 1.7: To provide a brief overview of activities in the logistics channel; Moderate; Application; AACSB Category 3: Analytical thinking]39. Warehousing represents the costliest logistics activity in many organizations. (False) [LO 1.7: To provide a brief overview of activities in the logistics channel; Moderate; Application; AACSB Category 3: Analytical thinking]40. The job market for logisticians and supply chain managers continues to be strong at the undergraduate, but not the MBA, level. (False) [LO 1.8: To familiarize you with logistics careers; Easy; Application; AACSB Category 3: Analytical thinking]。