Q. KAIZEN means
✅ Correct Answer: (C)
Continous improvement
E-Supply Chains and Logistics core MCQs and Notes
Q. The companies will realize the benefits of implementing IT when which of the following is undertaken?
✅ Correct Answer: (D)
Companies need to re-engineer their supply chain structure and undertake revision in the supporting organizational processes.
Q. Which of the following statements is true?
✅ Correct Answer: (B)
Logistics is a subset of supply chain.
Q. The variability in demand orders among supply chain participants:
✅ Correct Answer: (B)
refers to the bullwhip effect
Q. …..... is the design of seamless value-added processes across organization boundaries to meet the real needs of the end customer.
✅ Correct Answer: (B)
Supply chain management
Q. Value stream mapping is an application of process mapping, developed to apply …..principles to process improvement.
✅ Correct Answer: (B)
Lean
Q. The …..... has made it possible for other companies to eliminate intermediaries and sell directly to the end consumer.
✅ Correct Answer: (B)
Internet
Q. A supply chain is essentially a sequence of linked:
✅ Correct Answer: (C)
suppliers and customers
Q. The correct sequence of an organizations supply chain from a systems perspective is:
✅ Correct Answer: (C)
acquisition of resources, transformation process, delivery to customers.
Q. The downstream supply chain is:
✅ Correct Answer: (C)
the distribution of products or delivery of services to customers.