Management Notes

Reference Notes for Management

Which of the following fosters specialization and worldwide supply chains?

Which of the following fosters specialization and worldwide supply chains?

A) more expensive transportation
B) instant communication
C) economies of scope
D) managers with a broad knowledge of many things
E) high trade tariffs

The Correct Answer for the given question is Option B) instant communication

Supply Chain Quiz/MCQs


Prior to embarking on supply chain design, operations managers must first consider  

a. “make-or-buy” and outsourcing decisions
b. what kind of distribution network to have
c. how to manage supply chain inventory
d. how to select suppliers

Option a. “make-or-buy” and outsourcing decisions  

Where would you find the customers’ customer in a typical supply chain?

a) In the middle
b) Downstream
c) Upstream
d) Not on the supply chain

Option b) Downstream 

Which element of the marketing mix deals with supply chain management?

A) product
B) production
C) place
D) promotion
E) price

Option C) place

 

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