Production and Operations Management Multiple Choice Questions and Answers | Production and Operations Management MCQs Quiz

Questions
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

Answer: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

Answer: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

Answer:Internet
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

Answer:Eight