Logistics Quiz 1

What is the primary goal of logistics?

• To reduce the quality of goods

• To increase costs for the client

• To fulfil the requirements of the client

• To delay the delivery of goods

What are the three primary categories into which logistics can be broken down?

• Supply chain logistics, Financial logistics, Event logistics

• Business logistics, Financial logistics, Event logistics

• Military logistics, Event logistics, Supply chain logistics

• Business logistics, Military logistics, Event logistics

What is the role of logistics in an organization?

• To increase operational costs

• To create value for the customer

• To decrease customer satisfaction

• To complicate the supply chain

What is one of the objectives of logistics in an organization related to customer service?

• To ignore customer service

• To increase customer complaints

• To standardize and control customer service performance

• To complicate customer service

What does logistics aim to achieve in terms of inventory?

• To increase inventory levels

• To ignore inventory management

• To have excess inventory

• To keep inventory to a minimum

What is the purpose of striving for the minimum total cost of operations and procurement in logistics?

• To increase overall costs

• To have maximum disruption in operations

• To have minimal disruption to planned operations and eliminate inessential costs

• To have excessive costs in procurement

What does event logistics refer to?

• The management of financial resources for an event

• The marketing strategy for an event

• The management of human resources for an event

• The logistical system for an event including venues, staff, and materials

What effect does the strategy chosen by an organization have on logistics?

• No effect on the overall structure of the value chain

• Increases operational inefficiencies

• Reduces customer satisfaction

• Provides a competitive edge in the market over time