1-EXAM 1st Year
1-EXAM 1st Year
READING COMPREHENSION
Logistics is a crucial aspect of any business operation. It involves the planning,
coordination, and management of the movement of goods and services from one point
to another. Logistics plays a significant role in ensuring that products are delivered on
time, at the right place, and in the right condition.
There are several key components of logistics, including transportation, warehousing,
inventory management, and order processing. Transportation involves the movement
of goods from one location to another, whether by land, sea, or air. Warehousing
refers to the storage of goods in a facility until they are ready to be shipped out.
Inventory management involves keeping track of stock levels and ensuring that there is
enough product available to meet demand. Order processing involves receiving and
fulfilling orders from customers.
Effective logistics management requires careful planning and attention to detail. It is
important to have clear communication between all parties involved in the supply
chain, including suppliers, manufacturers, distributors, and retailers. This helps to
ensure that everyone is on the same page and that there are no delays or disruptions
in the flow of goods.
In recent years, technology has played an increasingly important role in logistics. For
example, GPS tracking systems can be used to monitor the location of shipments in
real-time, while automated inventory management systems can help to reduce errors
and improve efficiency.
Overall, logistics is a complex and essential part of modern business operations. By
managing the movement of goods and services effectively, businesses can improve
their bottom line, increase customer satisfaction, and gain a competitive advantage in
the marketplace.
EXERCISE 1. (10 Points). Say True (T) or False (F). REMEMBER to justify the false ones.
1. Logistics involves the planning, coordination, and management of the movement of
goods and services.
3. Warehousing refers to the storage of goods in a facility until they are ready to be
shipped out.
4. Effective logistics management does not require careful planning and attention to
detail.
5. Clear communication between all parties involved in the supply chain is not
important for effective logistics management.
VOCABULARY
EXERCISE 4. (18 points). Match the words with the corresponding definition.
Words: merchandising, bachelor's degree, manufacturing, fast-paced, freight, supplier,
supply chain, consumer, associate's degree
Definitions:
a. Goods or cargo transported by land, sea, or air, typically in bulk and requiring
specialized vehicles or containers.
b. Describing something that moves or progresses quickly, often involving high energy,
intensity, or activity.
c. A type of academic qualification awarded by a college or university after completing
a program of study typically lasting two years. It is usually earned in fields such as
business, healthcare, or technology.
d. A person or company that provides products or materials to another organization
for their production or distribution.
e. The practice of promoting and selling products through strategic planning,
advertising, display, and pricing to attract customers and maximize sales.
f. The process of converting raw materials into finished products on a large-scale using
machinery, labor, and various techniques.
g. An individual who purchases goods or services for personal use and satisfaction.
h. The sequence of activities involved in the production, distribution, and delivery of
goods or services from the supplier to the consumer.
i. An undergraduate academic degree awarded by a college or university upon
completion of a program of study typically lasting four years. It is usually earned in
various fields such as arts, sciences, or engineering.
EXERCISE 5: (10 points). Translate the following words into your language.
Words:
1. times
2. supplier
3. subtract
4. service institution
5. purchasing manager
6. analyst
7. equals
8. logistics services salesperson
9. inventory control manager
10. freight
EXERCISE 6: (12 points) Write the following basic math.
1. A+B=C
2. 4,500
3. AxB=C
4. Three-fourths equals point seven five.
5. a/b = c
6. a–b=c
1. What are some ways that logistics managers work with people outside their
companies?
2.What types of responsibilities do you think a logistics manager has? Support your
answer with examples.