All Courses
Get the App Signup / Login
Sign in Open App
B Com Exam  >  B Com Tests  >  E-Commerce  >  Test: Supply Chain Management - 2 - B Com MCQ

Test: Supply Chain Management - 2 - B Com MCQ


Test Description

10 Questions MCQ Test E-Commerce - Test: Supply Chain Management - 2

Test: Supply Chain Management - 2 for B Com 2024 is part of E-Commerce preparation. The Test: Supply Chain Management - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Supply Chain Management - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Supply Chain Management - 2 below.
Solutions of Test: Supply Chain Management - 2 questions in English are available as part of our E-Commerce for B Com & Test: Supply Chain Management - 2 solutions in Hindi for E-Commerce course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Supply Chain Management - 2 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study E-Commerce for B Com Exam | Download free PDF with solutions
Test: Supply Chain Management - 2 - Question 1
Save

What is the primary objective of supply chain management?

Detailed Solution for Test: Supply Chain Management - 2 - Question 1
The primary objective of supply chain management is to ensure a high velocity flow of high-quality, relevant information that enables suppliers to provide an uninterrupted and precisely timed flow of materials to customers. This helps in meeting customer demand while minimizing disruptions in the supply chain.
Test: Supply Chain Management - 2 - Question 2
Save

Which of the following factors can lead to the "Bullwhip Effect" in supply chains?

Detailed Solution for Test: Supply Chain Management - 2 - Question 2
The "Bullwhip Effect" is caused by unplanned demand oscillations in the supply chain, often resulting from factors like unforecasted sales promotions, sporadic customer orders, and other fluctuations that ripple through the supply chain and create disturbances.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Supply Chain Management - 2 - Question 3
Save

How do sporadic sales promotions impact the supply chain?

Detailed Solution for Test: Supply Chain Management - 2 - Question 3
Sporadic sales promotions can lead to unpredictable and unforecasted spikes in demand, causing disturbances in the supply chain due to increased orders that were not anticipated. This disrupts the flow of materials and can lead to the "Bullwhip Effect."
Test: Supply Chain Management - 2 - Question 4
Save
What is a potential consequence of false orders and subsequent cancellations?
Detailed Solution for Test: Supply Chain Management - 2 - Question 4
False orders, often caused by lack of customer confidence or sales personnel actions, can result in excess purchased material in inventory. This can lead to increased costs and underutilized capacity.
Test: Supply Chain Management - 2 - Question 5
Save
What does the term "Bullwhip Effect" refer to?
Detailed Solution for Test: Supply Chain Management - 2 - Question 5
The "Bullwhip Effect" refers to the phenomenon where small fluctuations in customer demand lead to larger and more unpredictable oscillations in demand as they move up the supply chain, causing inefficiencies and disruptions.
Test: Supply Chain Management - 2 - Question 6
Save
Which measure of supply chain performance focuses on reducing inventory costs relative to the cost of goods sold?
Detailed Solution for Test: Supply Chain Management - 2 - Question 6
Efficiency in supply chain performance refers to minimizing costs by reducing inventory investment or value relative to the cost of goods sold. This is often measured through inventory turnover and weeks of inventory on hand.
Test: Supply Chain Management - 2 - Question 7
Save
What is a potential drawback of implementing an Internet-integrated supply chain?
Detailed Solution for Test: Supply Chain Management - 2 - Question 7
Implementing an Internet-integrated supply chain requires increased trust and information sharing among supply chain partners. While this can lead to benefits, it also increases the dependency on other members of the supply chain, which can be risky if those partners are unable to fulfill their roles effectively.
Test: Supply Chain Management - 2 - Question 8
Save
Which performance measure focuses on creating customer value rather than reducing costs?
Detailed Solution for Test: Supply Chain Management - 2 - Question 8
Effectiveness in supply chain performance focuses on the degree to which the supply chain creates value for the customer. It emphasizes delivering products and services that meet customer needs and expectations, contributing to customer satisfaction and loyalty.
Test: Supply Chain Management - 2 - Question 9
Save
How can the Internet contribute to shortening the supply chain?
Detailed Solution for Test: Supply Chain Management - 2 - Question 9
The Internet enables quick and real-time transfer of information between supply chain partners. This facilitates communication, coordination, and information sharing, which ultimately leads to a more streamlined and efficient supply chain, thus shortening the supply chain.
Test: Supply Chain Management - 2 - Question 10
Save
What advantage does collaboration offer in supply chain management?
Detailed Solution for Test: Supply Chain Management - 2 - Question 10
Collaboration in supply chain management involves sharing information and working together closely to achieve common goals. This fosters greater trust among supply chain partners and helps in creating effective partnerships that lead to improved supply chain performance.
100 videos|55 docs|19 tests
Join Course
Information about Test: Supply Chain Management - 2 Page
In this test you can find the Exam questions for Test: Supply Chain Management - 2 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Supply Chain Management - 2, EduRev gives you an ample number of Online tests for practice
100 videos|55 docs|19 tests
Join Course
Download as PDF

Important Questions for Supply Chain Management - 2

Find all the important questions for Supply Chain Management - 2 at EduRev.Get fully prepared for Supply Chain Management - 2 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Supply Chain Management - 2 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Supply Chain Management - 2 resources.

Supply Chain Management - 2 MCQs with Answers

Prepare for the Supply Chain Management - 2 within the B Com exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Supply Chain Management - 2 E-Commerce

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Supply Chain Management - 2 with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup