πŸ“Š Supply Chain Management
Q. Cash on delivery method is normally used for
  • (A) Bulk cargo with immediate market.
  • (B) Slow moving items.
  • (C) Small but valuable items sent by post.
  • (D) Exports to countries with balance of payments problems.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Small but valuable items sent by post.
πŸ“Š Supply Chain Management
Q. ______ offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle.
  • (A) reintermediation
  • (B) countermediation
  • (C) contramediation
  • (D) disintermediation
πŸ’¬ Discuss
βœ… Correct Answer: (D) disintermediation
πŸ“Š Supply Chain Management
Q. The correct sequence of an organizations supply chain from a systems perspective is:
  • (A) transformation process, delivery to customers, acquisition of resources.
  • (B) transformation process, acquisition of resources, delivery to customers.
  • (C) acquisition of resources, transformation process, delivery to customers.
  • (D) delivery to customers, acquisition of resources, transformation process.
πŸ’¬ Discuss
βœ… Correct Answer: (C) acquisition of resources, transformation process, delivery to customers.
πŸ“Š Supply Chain Management
Q. The downstream supply chain is:
  • (A) exclusively inside an organization.
  • (B) involved with procurement of material from suppliers.
  • (C) the distribution of products or delivery of services to customers.
  • (D) both the first and third answer above.
πŸ’¬ Discuss
βœ… Correct Answer: (C) the distribution of products or delivery of services to customers.
πŸ“Š Supply Chain Management
Q. The upstream supply chain is:
  • (A) exclusively inside an organization.
  • (B) involved with procurement of material from suppliers.
  • (C) the distribution of products or delivery of services to customers.
  • (D) both the first and third answer above.
πŸ’¬ Discuss
βœ… Correct Answer: (B) involved with procurement of material from suppliers.
πŸ“Š Supply Chain Management
Q. An appropriate strategy to optimize the productivity of retail space and inventory is:
  • (A) efficient store assortments.
  • (B) revision of organization processes supported by information systems.
  • (C) integrate this activity into all supply chain planning.
  • (D) efficient replacement.
πŸ’¬ Discuss
βœ… Correct Answer: (A) efficient store assortments.
πŸ“Š Supply Chain Management
Q. An appropriate strategy to optimize for time and cost in the ordering process is:
  • (A) efficient store assortments.
  • (B) revision of organization processes supported by information systems.
  • (C) integrate this activity into all supply chain planning.
  • (D) efficient replacement.
πŸ’¬ Discuss
βœ… Correct Answer: (D) efficient replacement.
πŸ“Š Supply Chain Management
Q. An appropriate strategy to maximize efficiency of promotions is:
  • (A) revision of organization processes supported by information systems.
  • (B) efficient store assortments..
  • (C) integrate this activity into all supply chain planning.
  • (D) efficient replacement.
πŸ’¬ Discuss
βœ… Correct Answer: (C) integrate this activity into all supply chain planning.
πŸ“Š Supply Chain Management
Q. An appropriate strategy to achieve timely, accurate, paperless information flow is:
  • (A) integrate this activity into all supply chain planning.
  • (B) efficient store assortments.
  • (C) revision of organization processes supported by information systems.
  • (D) efficient replacement.
πŸ’¬ Discuss
βœ… Correct Answer: (C) revision of organization processes supported by information systems.
πŸ“Š Supply Chain Management
Q. The warehousing function that combines the logistical flow of several small shipments to a specific market area is
  • (A) break bulk function.
  • (B) operational function.
  • (C) stockpiling function.
  • (D) consolidation function.
πŸ’¬ Discuss
βœ… Correct Answer: (D) consolidation function.