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Test: Supply Chain Management - 2 - B Com MCQ


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

Test: Supply Chain Management - 2 for B Com 2024 is part of B Com 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.
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Test: Supply Chain Management - 2 - Question 1

Which of the following is a primary role of supply chain managers?

Detailed Solution for Test: Supply Chain Management - 2 - Question 1
One of the primary roles of supply chain managers is inventory management, as mentioned in the text. They are responsible for controlling and optimizing inventory levels to ensure efficient supply chain operations.
Test: Supply Chain Management - 2 - Question 2

Which of the following is a concern addressed at the tactical level of supply chain management?

Detailed Solution for Test: Supply Chain Management - 2 - Question 2
Tactical level decisions in supply chain management include concerns related to daily and weekly forecasting, as mentioned in the text. These decisions are focused on short-term planning.
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Test: Supply Chain Management - 2 - Question 3

What aspect of supply chain management involves the day-to-day processes, decision-making, and planning?

Detailed Solution for Test: Supply Chain Management - 2 - Question 3
The operational level of supply chain management involves day-to-day processes, decision-making, and planning to keep the supply chain active, as stated in the text.
Test: Supply Chain Management - 2 - Question 4
What is the primary focus of strategic planning in supply chain management?
Detailed Solution for Test: Supply Chain Management - 2 - Question 4
Strategic planning in supply chain management primarily focuses on long-term decision-making and laying the groundwork for the entire supply chain process, as mentioned in the text.
Test: Supply Chain Management - 2 - Question 5
Which of the following supply chain performance drivers focuses on the use of technology to enhance supply chain operations?
Detailed Solution for Test: Supply Chain Management - 2 - Question 5
The supply chain performance driver that focuses on the use of technology to enhance supply chain operations is Information, as mentioned in the text. Information plays a crucial role in improving supply chain efficiency.
Test: Supply Chain Management - 2 - Question 6
How can a company achieve higher responsiveness in the "Inventory" driver of supply chain performance?
Detailed Solution for Test: Supply Chain Management - 2 - Question 6
A company can achieve higher responsiveness in the "Inventory" driver by stocking inventory at multiple locations, as mentioned in the text. This helps in having inventory close to customers and being available for immediate delivery.
Test: Supply Chain Management - 2 - Question 7
Which supply chain performance driver focuses on optimizing production processes and capacity to meet customer demands?
Detailed Solution for Test: Supply Chain Management - 2 - Question 7
The supply chain performance driver that focuses on optimizing production processes and capacity to meet customer demands is Production, as mentioned in the text.
Test: Supply Chain Management - 2 - Question 8
Which supply chain performance driver involves making decisions about where to establish business facilities and creating a network of suppliers and transporters?
Detailed Solution for Test: Supply Chain Management - 2 - Question 8
The supply chain performance driver that involves making decisions about where to establish business facilities and creating a network of suppliers and transporters is Location/Warehousing, as mentioned in the text.
Test: Supply Chain Management - 2 - Question 9
What role does communication play in effective supply chain management?
Detailed Solution for Test: Supply Chain Management - 2 - Question 9
Effective communication is essential in supply chain management, particularly in building relationships with suppliers, as mentioned in the text. It involves negotiation, issue resolution, and proactive engagement with suppliers.
Test: Supply Chain Management - 2 - Question 10
Which supply chain performance driver involves negotiating contracts and rates with shipping and logistics service providers?
Detailed Solution for Test: Supply Chain Management - 2 - Question 10
The supply chain performance driver that involves negotiating contracts and rates with shipping and logistics service providers is Transportation, as stated in the text. This driver focuses on choosing transportation modes and providers to meet supply chain needs efficiently.
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