Top 150+ Solved Emerging Trends in Management MCQ Questions Answer
Q. VMI stands for………….
a. vendor managed inventory
b. value managed inventory
c. vendor marketing inventory
d. value marketing inventory
Q. An effective ……….process in supply chain requires integration of firmsmanufacturing ,logistics and marketing plans.
a. crm
b. customer service management
c. order fulfillment
d. demand management
Q. ………….. process in supply chain includes all activities necessary for managing the product flow through the manufacturing facilities and forobtaining ,implementing and managing flexibility.
a. manufacturing flow management
b. customer relationship management
c. customer service management
d. demand management
Q. …………is the process in supply chain that defines how a company interactswith its suppliers.
a. customer relationship management
b. demand management
c. supplier relationship management
d. manufacturing flow management
Q. Time to market is a critical objective of ………process in supply chain.
a. product development and commercialization
b. demand management
c. manufacturing flow management
d. order fulfillment
Q. Effective management of the ………….process in supply chain enables theb firm to identify productivity improvement opportunities and breakthroughprojects.
a. product development and commercialization
b. demand management
c. manufacturing flow management
d. returns management
Q. Logistics system follows the principle of ………………advantage.
a. comparative
b. co-operative
c. discriminating
d. productive
Q. Logistics activities provide the bridge between production and marketlocations that are separated by ……..and……..
a. place and product
b. time and distance
c. process and programme
d. product and distance
Q. ………….management should know much additional revenue would begenerated through incremental improvements in the quality of customer service provided.
a. logistic
b. customer relationship
c. customer service
d. demand
Q. ……………….includes design and administration of systems to control theflow of materials, WIP and finished inventory to support business unit strategy.
a. logistics management
b. materials management
c. bill of materials
d. none
Q. Which is not a part of basic systems of codifications?
a. alphabetical system
b. numerical system
c. colour coding system
d. none of the above
Q. ……………and physical distribution are the two major operations oflogistics.
a. supply chain management
b. materials management
c. logistics management
d. none
Q. …………is the time that elapses between issuing replenishment order andreceiving the material in stores.
a. replenishment time
b. lead time
c. idle time
d. none
Q. ……………is the task of buying goods of right quality, in the rightquantities, at the right time and at the right price.
a. supplying
b. purchasing
c. scrutinizing
d. none
Q. Which of the following is not a component of 4PL?
a. control room (intelligence)
b. resource providers
c. information
d. recycling