Management Notes

Reference Notes for Management

Which of the following is true for supply chain management?

Which of the following is true for supply chain management?

Which of the following is true for supply chain management?

 Options:

A. The physical material moves in the direction of the end of chain.
B. Flow of the cash backward through the chain.
C. Exchange of information moves in both the direction.
D. All the above

The Correct Answer Is:

  • D. All the above

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Spatial occupancy enumeration is rarely used in CAD applications because it

Spatial occupancy enumeration is rarely used in CAD applications because it

Spatial occupancy enumeration is rarely used in CAD applications because it

 Options:

A. requires a large amount of memory.
B. is not sufficiently accurate for CAD work.
C. requires an obscure operating system.
D. does not allow 3D solids to be edited.

The Correct Answer Is:

  • A. requires a large amount of memory.

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The difference between what consumers have to pay for a particular and what they are willing to pay is known as

The difference between what consumers have to pay for a particular and what they are willing to pay is known as

The difference between what consumers have to pay for a particular and what they are willing to pay is known as

 Options:

a. consumer surplus
b. producer surplus
c. deadweight costs
d. deadweight surplus

The Correct Answer Is:

  • a. consumer surplus

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_____ represents the difference between what consumers have to pay for a product and what they are willing and able to pay.

_____ represents the difference between what consumers have to pay for a product and what they are willing and able to pay.

_____ represents the difference between what consumers have to pay for a product and what they are willing and able to pay.

 Options:

a. producer surplus
b. deadweight surplus
c. government surplus
d. consumer surplus

The Correct Answer Is:

  • d. consumer surplus

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