Supply chain

Supply chain MCQS
1: A supply chain consists of all parties involved———— in fulfilling a customer
a) Directly
b) Indirectly
c) directly or indirectly
2: A supply chain is dynamic and involves the—————- product, and funds
between different stages.
a) constant flow of information
b) flow of information
c) constant flow
3: A typical supply chain may involve a variety of stages, including the
a) Customers
b) Retailers
c) Wholesalers/distributors
d) All of them
4: The difference between the value of the product and its price remains with
a) Customer surplus
b) consumer surplus.
c) customer as consumer surplus.
5: There is a close connection between the design and management of supply
chain flows (——————–) and the success of a supply chain.
a) Product
b) Information
c) Funds
d) All of them
6: The processes in a supply chain are divided into two categories.
a) Pull processes
b) Push process
c) All of them
d) None of them
7: All supply chain processes can be broken down into the following four
process cycles
a) Customer order cycle
b) Replenishment cycle
c) Manufacturing cycle
d) Procurement cycle
e) All of them
8: Gateway was founded in——– as a direct sales manufacturer of PCs with no
retail footprint.
9: A company’s competitive strategy defines, relative to its competitors, the set
of customer needs that it seeks to satisfy through its ————-.
a) Products
b) products and services
c) Services
10: It refers to consistency between the customer priorities that the competitive
strategy————— and the supply chain capabilities that the supply chain
strategy aims to build.
a) satisfy to hope
b) hopes to satisfy
c)to satisfy hopes

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