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All questions of Technology Structure for B Com Exam
What does the term "4PL" stand for in the context of logistics?- a)Four-Party Logistics
- b)Fourth-Party Logistics
- c)Forceful-Party Logistics
- d)Formal-Party Logistics
Correct answer is option 'B'. Can you explain this answer?
a)
Four-Party Logistics
b)
Fourth-Party Logistics
c)
Forceful-Party Logistics
d)
Formal-Party Logistics
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Dev Patel answered |
In the context of logistics, "4PL" stands for Fourth-Party Logistics. It refers to an integrator that assembles the capabilities, technology, and resources of multiple organizations to design, build, and run comprehensive supply chain solutions.
Why are RFID tags considered more durable than barcodes?- a)RFID tags are made of paper.
- b)RFID tags can be easily counterfeited.
- c)RFID tags are protected by a plastic cover.
- d)RFID tags are cheaper than barcodes.
Correct answer is option 'C'. Can you explain this answer?
a)
RFID tags are made of paper.
b)
RFID tags can be easily counterfeited.
c)
RFID tags are protected by a plastic cover.
d)
RFID tags are cheaper than barcodes.
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Dev Patel answered |
RFID tags are considered more durable than barcodes because they are protected by a plastic cover. This cover helps RFID tags withstand damage and wear, making them more suitable for reuse and long-term use in various environments.
What is the main reason why companies opt for third-party logistics (3PL) services?- a)To increase their inventory management costs.
- b)To focus on core competencies and improve customer satisfaction.
- c)To lower the cost of manufacturing and new product development.
- d)To expand into new markets quickly without any cash outlay.
Correct answer is option 'B'. Can you explain this answer?
a)
To increase their inventory management costs.
b)
To focus on core competencies and improve customer satisfaction.
c)
To lower the cost of manufacturing and new product development.
d)
To expand into new markets quickly without any cash outlay.
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Dev Patel answered |
The main reason why companies opt for third-party logistics (3PL) services is to focus on their core competencies, such as new product development and manufacturing, while outsourcing logistics and distribution activities to improve customer satisfaction and efficiency.
Which level of an organization primarily evaluates information to ensure operations align with customer needs?- a)Operating level
- b)Control level
- c)Decision level
- d)Policy level
Correct answer is option 'C'. Can you explain this answer?
a)
Operating level
b)
Control level
c)
Decision level
d)
Policy level
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Dev Patel answered |
The level that primarily evaluates information to ensure operations align with customer needs is the "Decision level." Managers at this level assess information to make decisions that match operations with customer requirements.
Which of the following principles of purchase, known as the 7-R rule, emphasizes the importance of buying the right material at the right time?- a)Right price
- b)Right quality
- c)Right quantity
- d)Right place
Correct answer is option 'C'. Can you explain this answer?
a)
Right price
b)
Right quality
c)
Right quantity
d)
Right place
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Dev Patel answered |
The principle of "Right quantity" in the 7-R rule emphasizes buying the correct quantity of material at the right time to ensure efficient logistics management.
What is the primary function of an Enterprise Resource Planning (ERP) system?- a)Managing customer relationships
- b)Identifying and planning enterprise-wide resources
- c)Automating marketing campaigns
- d)Handling financial audits
Correct answer is option 'B'. Can you explain this answer?
a)
Managing customer relationships
b)
Identifying and planning enterprise-wide resources
c)
Automating marketing campaigns
d)
Handling financial audits
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|
Dev Patel answered |
The primary function of an Enterprise Resource Planning (ERP) system is to "Identify and plan enterprise-wide resources," including materials, financial resources, and human resources, to fulfill customer orders.
What benefit does EDI offer in logistics and information management?- a)Slower order processing
- b)Increased clerical efforts
- c)Faster speed in order processing
- d)Reduced inventory
Correct answer is option 'C'. Can you explain this answer?
a)
Slower order processing
b)
Increased clerical efforts
c)
Faster speed in order processing
d)
Reduced inventory
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Dev Patel answered |
EDI provides the benefit of "Faster speed in order processing." It enhances the speed, timeliness, and accuracy of information exchange in logistics.
Why is GPS technology crucial in fleet management?- a)To count the number of vehicles in a fleet.
- b)To track vehicle movements in real-time.
- c)To calculate the total distance traveled by vehicles.
- d)To monitor vehicle maintenance schedules.
Correct answer is option 'B'. Can you explain this answer?
a)
To count the number of vehicles in a fleet.
b)
To track vehicle movements in real-time.
c)
To calculate the total distance traveled by vehicles.
d)
To monitor vehicle maintenance schedules.
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Dev Patel answered |
GPS technology is crucial in fleet management because it allows organizations to track vehicle movements in real-time. This information is essential for route optimization, ensuring timely deliveries, and enhancing overall fleet efficiency.
What is one of the key components of a 4PL service provider mentioned in the text?- a)Fleet of vehicles
- b)Hardware and software for information needs
- c)RFID technology
- d)GPS technology
Correct answer is option 'B'. Can you explain this answer?
a)
Fleet of vehicles
b)
Hardware and software for information needs
c)
RFID technology
d)
GPS technology
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Dev Patel answered |
One of the key components of a 4PL service provider mentioned in the text is hardware and software to take care of information needs. A 4PL plays a crucial role in collecting and disseminating information for supply chain management.
What is the primary advantage of using barcodes?- a)Barcodes can be read from a great distance.
- b)Barcodes have read/write capabilities.
- c)Barcodes are more expensive than RFID tags.
- d)Barcodes tend to have better accuracy.
Correct answer is option 'D'. Can you explain this answer?
a)
Barcodes can be read from a great distance.
b)
Barcodes have read/write capabilities.
c)
Barcodes are more expensive than RFID tags.
d)
Barcodes tend to have better accuracy.
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Dev Patel answered |
The primary advantage of using barcodes is that they tend to have better accuracy. Barcodes provide a reliable way to represent data for automated data collection.
What are the three pipelines managed by logistical management, as mentioned in the text?- a)Information, finance, and human resources
- b)Procurement, production, and distribution
- c)Warehousing, transportation, and customer service
- d)Logistic, financial, and customer service
Correct answer is option 'B'. Can you explain this answer?
a)
Information, finance, and human resources
b)
Procurement, production, and distribution
c)
Warehousing, transportation, and customer service
d)
Logistic, financial, and customer service
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Dev Patel answered |
The three pipelines managed by logistical management are "Procurement, production, and distribution." These pipelines represent key components of logistics operations.
What does IT stand for in the context of supply chain management?- a)Information Technologies
- b)Integrated Transportation
- c)Inventory Tracking
- d)International Trade
Correct answer is option 'A'. Can you explain this answer?
a)
Information Technologies
b)
Integrated Transportation
c)
Inventory Tracking
d)
International Trade
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|
Dev Patel answered |
IT stands for "Information Technologies" in the context of supply chain management, encompassing the use of technology for managing information and processes.
What is EDI (Electronic Data Interchange) used for in the context of logistics and information management?- a)Transmitting physical documents
- b)Sending emails
- c)Electronic transfer of business documents
- d)Social media communication
Correct answer is option 'C'. Can you explain this answer?
a)
Transmitting physical documents
b)
Sending emails
c)
Electronic transfer of business documents
d)
Social media communication
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|
Dev Patel answered |
EDI, which stands for "Electronic Data Interchange," is used for the "Electronic transfer of business documents" between organizations. It facilitates the digital exchange of standard business documents.
How does Electronic Data Interchange (EDI) benefit supply chain management?- a)By increasing manual processing
- b)By reducing communication efficiency
- c)By facilitating real-time data exchange
- d)By decreasing productivity
Correct answer is option 'C'. Can you explain this answer?
a)
By increasing manual processing
b)
By reducing communication efficiency
c)
By facilitating real-time data exchange
d)
By decreasing productivity
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Dev Patel answered |
EDI benefits supply chain management by "facilitating real-time data exchange." It enables quick and accurate information sharing between supply chain partners, improving efficiency.
What is the primary role of the control room in a 4PL organization?- a)Managing transportation assets.
- b)Providing real-time data to information.
- c)Making decisions for multiple 3PLs.
- d)Assembling hardware and software.
Correct answer is option 'C'. Can you explain this answer?
a)
Managing transportation assets.
b)
Providing real-time data to information.
c)
Making decisions for multiple 3PLs.
d)
Assembling hardware and software.
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Dev Patel answered |
The primary role of the control room in a 4PL organization is to make decisions for multiple 3PLs. It serves as the decision-making component that ensures the coordination and optimization of logistics services provided by various 3PLs.
What does PDI stand for in the context of value-added services provided by logistics companies?- a)Product Delivery and Integration
- b)Packaging and Distribution Improvement
- c)Pre-Delivery Inspection
- d)Process Development and Implementation
Correct answer is option 'C'. Can you explain this answer?
a)
Product Delivery and Integration
b)
Packaging and Distribution Improvement
c)
Pre-Delivery Inspection
d)
Process Development and Implementation
|
|
Dev Patel answered |
In the context of value-added services provided by logistics companies, PDI stands for Pre-Delivery Inspection. It involves inspecting products or goods before their delivery to ensure quality and compliance with specifications.
What is the purpose of GPS technology in fleet management?- a)To determine the number of satellites in space.
- b)To track the location and movement of vehicles.
- c)To calculate the cost of transportation.
- d)To control the ground stations for GPS satellites.
Correct answer is option 'B'. Can you explain this answer?
a)
To determine the number of satellites in space.
b)
To track the location and movement of vehicles.
c)
To calculate the cost of transportation.
d)
To control the ground stations for GPS satellites.
|
|
Dev Patel answered |
The purpose of GPS technology in fleet management is to track the location and movement of vehicles. It allows organizations to monitor the real-time location of their vehicles for various purposes, including route optimization and asset security.
What is the primary advantage of using RFID tags over barcodes?- a)RFID tags are more susceptible to damage.
- b)RFID tags can only be read one at a time.
- c)RFID tags are cheaper than barcodes.
- d)RFID tags can be read from a great distance and without line of sight.
Correct answer is option 'D'. Can you explain this answer?
a)
RFID tags are more susceptible to damage.
b)
RFID tags can only be read one at a time.
c)
RFID tags are cheaper than barcodes.
d)
RFID tags can be read from a great distance and without line of sight.
|
|
Dev Patel answered |
The primary advantage of using RFID tags over barcodes is that RFID tags can be read from a great distance and without the need for a direct line of sight. This makes RFID technology more versatile and efficient for automated data collection.
What does LIS stand for in the context of logistics management?- a)Logistics Information System
- b)Limited Information System
- c)Long-term Inventory System
- d)Logistics Integration Structure
Correct answer is option 'A'. Can you explain this answer?
a)
Logistics Information System
b)
Limited Information System
c)
Long-term Inventory System
d)
Logistics Integration Structure
|
|
Dev Patel answered |
LIS stands for "Logistics Information System." It is an interacting structure of people, equipment, and procedures that make relevant information available to the logistics manager. It plays a crucial role in managing logistics operations efficiently.
What is one of the primary objectives of LIS (Logistics Information System)?- a)Enhancing product quality
- b)Reducing supply chain costs
- c)Increasing sales revenue
- d)Obtaining correct and prompt information
Correct answer is option 'D'. Can you explain this answer?
a)
Enhancing product quality
b)
Reducing supply chain costs
c)
Increasing sales revenue
d)
Obtaining correct and prompt information
|
|
Dev Patel answered |
One of the primary objectives of LIS is "Obtaining correct and prompt information." It aims to provide accurate and timely information to support decision-making in logistics management.
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Logistics Management
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