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Test: Supply Chain Management - 1 - B Com MCQ


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10 Questions MCQ Test - Test: Supply Chain Management - 1

Test: Supply Chain Management - 1 for B Com 2024 is part of B Com preparation. The Test: Supply Chain Management - 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Supply Chain Management - 1 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 - 1 below.
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Test: Supply Chain Management - 1 - Question 1

What is the primary focus of supply chain management in the "Plan" stage?

Detailed Solution for Test: Supply Chain Management - 1 - Question 1
In the "Plan" stage of supply chain management, the primary focus is on designing a strategy that yields maximum profit. This stage involves developing a plan or strategy to address how products and services will satisfy customer demands and needs. It's about strategically planning how resources will be managed to maximize profitability. This stage sets the direction for the entire supply chain process.
Test: Supply Chain Management - 1 - Question 2

What does the "Develop" stage in supply chain management primarily involve?

Detailed Solution for Test: Supply Chain Management - 1 - Question 2
The "Develop" stage in supply chain management primarily involves building relationships with suppliers. In this stage, companies focus on identifying dependable suppliers, determining planning methods for shipping, delivery, and payment of products, and creating pricing and payment processes. Building strong supplier relationships is essential for a smooth and efficient supply chain.
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Test: Supply Chain Management - 1 - Question 3

What is the purpose of the "Return" stage in supply chain management?

Detailed Solution for Test: Supply Chain Management - 1 - Question 3
The purpose of the "Return" stage in supply chain management is to handle damaged or defective goods returned by customers. This stage involves addressing customer queries, responding to complaints, and efficiently managing the return process for products that have issues. It focuses on maintaining customer satisfaction and managing product returns.
Test: Supply Chain Management - 1 - Question 4
Which transportation decision involves selecting the primary mode of transportation for goods?
Detailed Solution for Test: Supply Chain Management - 1 - Question 4
The transportation decision that involves selecting the primary mode of transportation for goods is "Choice and Mode of Carrier." In this decision-making process, transportation managers choose the mode of transportation that best suits the delivery requirements, taking into consideration factors like delivery time, special handling requirements, and cost.
Test: Supply Chain Management - 1 - Question 5
What is the primary focus of the "Deliver" stage in supply chain management?
Detailed Solution for Test: Supply Chain Management - 1 - Question 5
The primary focus of the "Deliver" stage in supply chain management is transportation and logistics. In this stage, customer orders are accepted, and the delivery of goods is planned. It involves coordinating the movement of products to ensure they reach customers at their designated locations efficiently.
Test: Supply Chain Management - 1 - Question 6
Which stage of supply chain management involves the manufacturing or making of products demanded by customers?
Detailed Solution for Test: Supply Chain Management - 1 - Question 6
The stage of supply chain management that involves the manufacturing or making of products demanded by customers is the "Make" stage. In this stage, products are designed, produced, tested, packaged, and prepared for delivery to meet customer demands.
Test: Supply Chain Management - 1 - Question 7
What is the primary focus of "Dock Level Operations" in transportation decisions?
Detailed Solution for Test: Supply Chain Management - 1 - Question 7
The primary focus of "Dock Level Operations" in transportation decisions is planning and scheduling deliveries. In this stage, managers plan and coordinate the movement of products, ensuring that they are delivered efficiently and on schedule. It involves optimizing the routes and schedules for delivery.
Test: Supply Chain Management - 1 - Question 8
Which transportation decision involves making decisions about the network layout and outsourcing for product transportation?
Detailed Solution for Test: Supply Chain Management - 1 - Question 8
The transportation decision that involves making decisions about the network layout, including outsourcing for product transportation, is "Long-term Decisions." In this stage, transportation managers plan the overall transportation network, consider outsourcing options, and design the layout to ensure efficient and cost-effective transportation.
Test: Supply Chain Management - 1 - Question 9
What is the primary factor influencing transportation decisions mentioned in the text?
Detailed Solution for Test: Supply Chain Management - 1 - Question 9
The primary factor influencing transportation decisions mentioned in the text is "Economic uncertainty and instability." Economic conditions, fuel prices, and other external factors can significantly impact transportation decisions, affecting costs, routes, and logistics.
Test: Supply Chain Management - 1 - Question 10
What does the "Return" stage in supply chain management primarily aim to achieve?
Detailed Solution for Test: Supply Chain Management - 1 - Question 10
The "Return" stage in supply chain management primarily aims to handle damaged or defective goods returned by customers. It focuses on addressing customer complaints, managing returns efficiently, and ensuring that customers are satisfied even when issues with products arise.
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