Top 150+ Solved Emerging Trends in Management MCQ Questions Answer
Q. Smart companies coordinate their logistics strategies and forge strongpartnership with suppliers and customers to improve customer service and reduce channel cost through………………
a. cross-company teams
b. partnering
c. segregated departmentalization
d. cross –functional,cross-company teams
Q. Today , a growing number of firms now outsource some or all of theirlogistics to…………..
a. disintermediaries
b. competitors
c. cross-functional teams
d. third-party logistics providers
Q. Rolex watches can only be found in a limited number of intermediaries.This is an example of……….
a. high-end distribution
b. intensive distribution
c. quality distribution
d. exclusive distribution
Q. _______ analysis relates to what processes, activities, and decisionsactually create costs in your supply chain.
a. cost driver
b. value proposition
c. cost reduction
d. target costing
Q. The _______ has made it possible for other companies to eliminateintermediaries and sell directly to the end consumer.
a. scm
b. internet
c. competition
d. global sourcing
Q. Value stream mapping is an application of process mapping, developed toapply _______ principles to process improvement.
a. management
b. lean
c. supply chain
d. cycle time
Q. A supply chain is made up of a series of processes that involve an input, a_______, and an output.
a. shipment
b. supplier
c. customer
d. transformation
Q. _______ is a tool to chart how individual processes are currently beingconducted and to help lay out new improved processes.
a. process mapping
b. pareto charting
c. supply chain design
d. design chain mapping
Q. Identify from the following list a major strategic risk associated withoutsourcing.
a. outsourcing landed cost is usually higher than insourcing cost.
b. the supplier is purchased by a competitor
c. the business loses sight of market trends.
d. the cost of supplied material is passed on to the customer.
Q. _______ is the design of seamless value-added processes acrossorganization boundaries to meet the real needs of the end customer.
a. operations
b. supply chain management
c. process engineering
d. value charting
Q. The impact of cost reduction on profits is much larger than the impact ofincreased
a. innovation.
b. production.
c. information.
d. sales. 43. _______ considers how your organization competes and is an essential
Q. “3PL” involves using a supplier to provide _______ services.
a. marketing
b. design
c. logistics
d. contract manufacturing
Q. The collective learning in the organization, especially how to coordinatediverse production skills and integrate multiple streams of technologies, is called
a. innovative constraint.
b. second-tier competency.
c. corporate skill.
d. core competency.
Q. Integration of business economics and strategic planning has given rise toa new area of study called__________.
a. micro economics
b. corporate economics
c. macro economics
d. managerial economics