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Free download in PDF Production and Operations Management Multiple Choice Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams like UPSC, NDA, SSC etc. These short solved questions or quizzes are provided by Gkseries./p>
(1)
When suppliers, distributors, and customers partner with each other to improve performance of the entire system, they are participating in a ______________
[A]
supply and demand chain
[B]
supply chain
[C]
channel of distribution
[D]
value delivery network
Answer: value delivery network
(2)
A Channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a ______________
[A]
vertical distribution structure
[B]
vertical marketing system
[C]
conventional distribution channel
[D]
independent channel allocation
Answer: conventional distribution channel
(3)
In many industries,traditional intermediaries are dropping by the wayside because of changes in ______________ and the growth of ______________ marketing.
[A]
technology; direct and online
[B]
franchise structure;independent
[C]
federal laws;business-to business
[D]
state and local laws;target
Answer: technology; direct and online
(4)
Sometimes a producer chooses only a few dealers in a territory to distribute its products or services.Generally these dealers are given a right to ______________
[A]
corporate
[B]
administered
[C]
intensive
[D]
exclusive
(5)
Which of the following is not an area of responsibility for a logistics manager?
[A]
warehousing
[B]
inventory
[C]
information systems
[D]
marketing
(6)
Smart companies coordinate their logistics strategies and forge strong partnership with suppliers and customers to improve customer service and reduce channel cost through ______________
[A]
cross-company teams
[B]
partnering
[C]
segregated departmentalization
[D]
cross -functional,cross-company teamss
Answer: cross -functional,cross-company teamss
(7)
The ______________ has made it possible for other companies to eliminate intermediaries and sell directly to the end consumer.
[A]
SCM
[B]
Internet
[C]
competition
[D]
global sourcing
(8)
______________ considers how your organization competes and is an essential element of corporate strategy.
[A]
Value proposition analysis
[B]
Leadership
[C]
A consultant
[D]
A competitor
Answer: Value proposition analysis
(9)
Integration of business economics and strategic planning has given rise to a new area of study called ______________.
[A]
Micro Economics
[B]
Corporate Economics
[C]
Macro Economics
[D]
Managerial Economics
Answer: Corporate Economics
(10)
______________ is a predictable degree of uniformity and dependability,at low cost and suited to the market.The Globel Supply Chain Form identified ______________ key process that make up the core of supply chain management.
[A]
Five
[B]
Six
[C]
Seven
[D]
Eight