1. The term which covers the operation of shifting the cargo to or from the vessel is
Correct : B. Slinging.
2. The term used for loading or unloading of heavy cargo is
Correct : B. Carnage.
3. The term used for carriage of goods when points of origin and destination are both within
the sovereignty of UK is
Correct : D. Cabotage.
4. The delivery of a damaged product has
Correct : B. A decrease in its value.
5. The flow of work in process is
Correct : C. Between the various distribution channels.
6. The flow of information that facilitates co-ordination activities is
Correct : B. Backward information flow.
7. Unreliability of vendors leads to
Correct : D. Supply uncertainty.
8. The internal process leads to
Correct : B. Process uncertainty.
9. The uncertainty that could be reduced through forecasting techniques is
Correct : C. Demand uncertainty.
10. The number of stages that the goods and services flow through
Correct : A. Add to the complexity of SCM.
11. The business activity of farming out identified non-core activities to external agencies is
Correct : C. Outsourcing.
12. The warehousing function that combines the logistical flow of several small shipments to
a specific market area is
Correct : D. Consolidation function.
13. Cash on delivery method is normally used for
Correct : C. Small but valuable items sent by post.
14. An appropriate strategy to achieve timely, accurate, paperless information flow is:
Correct : C. revision of organization processes supported by information systems.
15. An appropriate strategy to maximize efficiency of promotions is:
Correct : C. integrate this activity into all supply chain planning.
16. An appropriate strategy to optimize for time and cost in the ordering process is:
Correct : D. efficient replacement.
17. An appropriate strategy to optimize the productivity of retail space and inventory is:
Correct : A. efficient store assortments.
18. The upstream supply chain is:
Correct : A. exclusively inside an organization.
19. The downstream supply chain is:
Correct : C. both the first and third answer above.
20. The correct sequence of an organizations supply chain from a systems perspective is:
Correct : A. transformation process, delivery to customers, acquisition of resources.
21. offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle.
Correct : D. Disintermediation
22. IS can be used to reduce cycle time by:
Correct : A. increased efficiency of individual processes.
23. The typical aim of the push approach to supply chain management is:
Correct : A. to reduce costs of distribution.
24. One choice for an organization's vertical integration strategy related to 'The direction of
any expansion'. What does this mean?
Correct : B. Should the company aim to direct ownership at the upstream or downstream supply chain?
25. A supply chain is a sequence of firms that perform activitiesrequired:
Correct : D. to create and deliver goods to consumers
26. A supply chain is essentially a sequence of linked:
Correct : C. suppliers and customers
27. In the automotive industry, the person who is responsible for translating customer requirements into actual orders and arranges delivery dates is the car maker:
Correct : C. supply chain manager
28. It is estimated that the logistics costs of a new car are about:
Correct : B. 25-30%
29. An appropriate strategy to achieve timely, accurate, paperless information flow is:
Correct : A. revision of organisation processes supported by information systems
30. An appropriate strategy to maximise efficiency of promotions is:
Correct : B. integrate this activity is integrated into all supply chain planning
31. An appropriate strategy to optimise for time and cost in the ordering process is:
Correct : C. efficient replacement
32. An appropriate strategy to optimise the productivity of retail space and inventory is:
Correct : B. efficient store assortments
33. The upstream supply chain is:
Correct : A. exclusively inside an organisation
34. The downstream supply chain is:
Correct : A. exclusively inside an organisation
35. One of the important role of distribution in SCM towards base cost reduction is
Correct : D. all the above
36. offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle
Correct : C. Disintermediation
37. IS can be used to reduce cycle time by:
Correct : B. increased efficiency of individual processes
38. The typical aim of the push approach to supply chain management is:
Correct : A. to reduce costs of distribution
39. analysis relates to what processes, activities, and decisions actually create costs
in your supply chain.
Correct : A. Cost driver
40. MRO stands for
Correct : B. Maintanance Repair Operative
41. The has made it possible for other companies to eliminate intermediaries and sell directly to the end consumer.
Correct : B. Internet
42. Value stream mapping is an application of process mapping, developed to apply principles to process improvement.
Correct : B. Lean
43. A supply chain is made up of a series of processes that involve aninput, a , and an output.
Correct : A. Shipment
44. is a tool to chart how individual processes are currently being conducted and to help lay out new improved processes.
Correct : A. Process mapping
45. from the following list a major strategic risk associated with outsourcing.
Correct : B. The supplier is purchased by a competitor.
46. is the design of seamless value-added processes across organization boundaries
to meet the real needs of the end customer.
Correct : B. Supply chain management
47. The impact of cost reduction on profits is much larger than the impact of increased
Correct : D. sales
48. considers how your organization competes and is an essential element of
corporate strategy.
Correct : A. Value proposition analysis
49. Demand Forecasting is
Correct : D. all the above
50. The collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies, is called
Correct : D. core competency.
51. Integration of business economics and strategic planning has given rise to ane area of study called .
Correct : B. Corporate Economics
52. Factors affecting network design decisions
Correct : D. all the above
53. From the economic system's point of view, the role of marke ting intermediaries is to transform the assortment of products made by producers into the assortment of products wanted by . channel members
Correct : D. consumers
54. Intermediaries play an importan t
role in matching .
Correct : D. supply and demand
55. Marketing logistics involves getting the right product to the right customer in the r ight place
at the right time. Which one of the following is not included in this process?
Correct : C. gathering customer's ideas for new productsontrolling the physical flow of goods,services, and information
56. Which of the following is not an area of responsibility for a logistics manager?
Correct : B. marketing
57. From the economic system's point of view, the role of marketing intermediaries is to transform the assortment of products made by producers into the assortment of products wanted by channel members.
Correct : C. distributors
58. To reduce inventory management costs, many companies use a system called , which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.
Correct : B. inventory management
59. Companies manage their supply chains through .
Correct : D. skilled operators
60. Julie Newmar recognizes that her company needs to provide better customer service and trim distribution costs through team work, both inside the company and among all the marketing channel organizations. Julie will begin the practice of .
Correct : C. integrated logistics management
61. Today, a growing number of firms now outsource some or all of their logistics to . intermediaries
Correct : D. ross - functiona l teams
62. According to Professor Mentzer and colleagues, the supply chain concept originated in what discipline?
Correct : B. operations
63. The supply chain management philosophy emerged in which decade?
Correct : B. 1970s
64. A encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.
Correct : B. supply chain
65. Which of the following are not key attributes of supply chain management?
Correct : C. custo mer power
66. Positive, long - term relationships between supply chain participants refer to:
Correct : D. supply chain management
67. Cross docking is the major SC technique used by
Correct : B. Wall mart
68. The variability in demand orders among supply chain participants:
Correct : B. refers to the bullwhip effect
69. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of:
Correct : B. supply chain collabor ation
70. What is a perfect order?
Correct : A. simultaneous achievement of relevant customer metrics
71. The method of payment where the exporter relies on the undertaking of a bank to pay is
Correct : D. None of the above.
72. The beneficiary under a letter of credit is
Correct : D. The exporter.
73. When a letter of credit does not indicate whether it is revocable or irrevocable, it is treated as
Correct : B. Irrevocable.
74. Under an acceptance letter of credit, the responsibility of the issuing bank is
Correct : C. To accept the bill immediately and also to pay the amount of the bill on its due date.
75. The warehouses located near the port is
Correct : D. Export and import warehouse.
76. The kind of warehouse that is licensed and authorized by the customs for storing goods till import duty is
Correct : C. Bonded warehouse.
77. The business activity of farming out identified non-core activities to external agenciesis
Correct : C. Outsourcing.
78. Which of the following statements is true?
Correct : B. Logistics is a subset of supply chain.
79. If a customer visiting a departmental store cannot find his desired soap manufactured by Hindustan Unilever Ltd (HUL) in the store, which of the following chain partner will he hold responsible for the non-availability of the soap?
Correct : C. The departmental store
80. A Supply chain process is viewed as
Correct : D. cyclic and push/pull view
81. Supply chain is concerned with the
Correct : C. flow of materials in the forward direction, cash in the reverse direction and information in both the directions
82. The objective of a supply chain is:
Correct : D. to improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers
83. Which of the following statements is true?
Correct : B. Dell supply chain propagated the concept of long-term relationship with the suppliers.
84. which type of demand forecast is related to environmental factors
Correct : C. Casual forecast
85. Which of the following statements is true regarding outsourcing?
Correct : A. Higher level of outsourcing enables a firm to have better control on all outsourced activities.
86. If the focus of a retailer is to achieve leadership in cost, then which of the following phenomenon will hold good?
Correct : C. Customers will prefer a large variety of products but the retailer will not keep a large variety in the store in order to achieve economies of scale.
87. The companies will realize the benefits of implementing IT when which of the following is undertaken?
Correct : D. Companies need to re-engineer their supply chain structure and undertake revision in the supporting organizational processes.
88. Ford supply chain is characterized by
Correct : C. Vertical integration
89. Dell supply chain is characterized by
Correct : D. Individual customization
90. Which of the following statements is true?
Correct : C. A 3PL is a logistics service provider meeting only the logistics requirements of an organization while 4PL is a logistics service provider meeting the logistics requirements ofan organization and can also integrate its resources, capability and technology to provide comprehensive solution to its customers.
91. Which one of the following is not the supply challenge being faced by the
Indian organizations?
Correct : B. IT implementation
92. Many organisations hold safety stocks as part of their inventory. Which of the following is
a reason for holding safety stocks?
Correct : C. To cater for demand forecast errors
93. Which of the following stock valuation methods is based on a cost estimate made before the part is purchased?
Correct : A. Standard costing
94. The receipt used for warehouse is
Correct : B. Dock receipt
95. Warehouses and stockyards are two types of storage facilities. Which of the following is the most appropriate factor to consider in the design of a stockyard?
Correct : C. Surface
96. Managing predictable variability is
Correct : B. managing the change in demand that can be forecasted
97. Which of the following statements is true?
Correct : C. Dell supply chain propagated the concept of long-term relationship with the suppliers.
98. Role of distribution in supply chain management
Correct : D. All the above
99. Which of the following types of container is used to carry oversized cargo?
Correct : B. Flat rack
100. Which of the following is the name given to a bill of lading where goods have been received by a carrier free of defects?