Logistics clearly contributes to ___________ and ___________ utility.

CHAPTER 1: AN OVERVIEW OF LOGISTICS

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University
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Trang Thanh
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a. time; place
b. form; time
c. place; form
d. possession; time
e. none of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___________ utility refers to the value or usefulness that comes from a customer being able to take possession of a product
a. Time
b. Place
c. Form
d. Possession
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___________ utility refers to having products available where they are needed by customers
a. Possession
b. Time
c. Place
d. Form
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. All of the following are types of economic utility, except:
a. Time
b. Production
c. Place
d. Possession
e. All of the above are types of economic utility
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. “How well a company does what it says it’s going to do” represents ___________.
a. efficiency
b. productivity
c. leading edge logistics
d. effectiveness
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. What concept refers to “how well company resources are used to achieve what a company promises it can do?”
a. Efficiency
b. Productivity
c. Reengineering
d. Effectiveness
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. Every customer getting the same type and level of logistics service refers to ___________.
a. tailored logistics
b. mass logistics
c. effectiveness
d. efficiency
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