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180+ Emerging Trends in Management Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

51.

In supply chain process………….is defined as “the act of buying all those activities necessary to acquire goods and services consistent with user requirements.

A. collection
B. buying
C. procurement
D. assembling
Answer» C. procurement
52.

The procurement process in supply chain management renamed by Global Supply Chain Forum as………….

A. demand management
B. manufacturing flow management
C. returns management
D. supplier relationship management
Answer» D. supplier relationship management
53.

The returns process in supply chain management renamed by Global Supply Chain Forum as……………..

A. returns management
B. supplier relationship management
C. order fulfillment
D. demand management
Answer» A. returns management
54.

The activities in supply chain process reside inside a……………,but an entire process will not be contained with in one function.

A. process
B. activity
C. functional silo
D. objective
Answer» C. functional silo
55.

In CRM customer teams tailor……………… to meet the needs of key accounts and segments of other customers.

A. product and service agreements
B. plan service agreements
C. policy service agreements
D. promotion service agreements
Answer» A. product and service agreements
56.

In CRM – PSA stands for……….

A. product and service agreements
B. plan service agreements
C. policy service agreements
D. promotion service agreements
Answer» A. product and service agreements
57.

At………… level ,the CRM process provides the framework for managing relationships with customers .

A. operational
B. strategic
C. functional
D. activity
Answer» B. strategic
58.

The…………….process is the firms face to the customer.

A. customer relationship management
B. demand management
C. procurement management
D. customer service management
Answer» D. customer service management
59.

At strategic level ,the customer service management process is concerned with designing the process for managing the ………

A. crm
B. psa
C. cpfr
D. vmi
Answer» B. psa
60.

The …………….. management process needs to balance the customers requirements with the firms supply capabilities.

A. customer relationship management
B. customer service management
C. demand management
D. operational management
Answer» C. demand management
61.

VMI stands for………….

A. vendor managed inventory
B. value managed inventory
C. vendor marketing inventory
D. value marketing inventory
Answer» A. vendor managed inventory
62.

An effective ……….process in supply chain requires integration of firms manufacturing ,logistics and marketing plans.

A. crm
B. customer service management
C. order fulfillment
D. demand management
Answer» C. order fulfillment
63.

………….. process in supply chain includes all activities necessary for managing the product flow through the manufacturing facilities and for obtaining ,implementing and managing flexibility.

A. manufacturing flow management
B. customer relationship management
C. customer service management
D. demand management
Answer» A. manufacturing flow management
64.

…………is the process in supply chain that defines how a company interacts with its suppliers.

A. customer relationship management
B. demand management
C. supplier relationship management
D. manufacturing flow management
Answer» C. supplier relationship management
65.

Time to market is a critical objective of ………process in supply chain.

A. product development and commercialization
B. demand management
C. manufacturing flow management
D. order fulfillment
Answer» A. product development and commercialization
66.

Effective management of the ………….process in supply chain enables theb firm to identify productivity improvement opportunities and breakthrough projects.

A. product development and commercialization
B. demand management
C. manufacturing flow management
D. returns management
Answer» D. returns management
67.

Logistics system follows the principle of ………………advantage.

A. comparative
B. co-operative
C. discriminating
D. productive
Answer» A. comparative
68.

Logistics activities provide the bridge between production and market locations that are separated by ……..and……..

A. place and product
B. time and distance
C. process and programme
D. product and distance
Answer» B. time and distance
69.

………….management should know much additional revenue would be generated through incremental improvements in the quality of customer service provided.

A. logistic
B. customer relationship
C. customer service
D. demand
Answer» A. logistic
70.

……………….includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.

A. logistics management
B. materials management
C. bill of materials
D. none
Answer» A. logistics management
71.

Which is not a part of basic systems of codifications?

A. alphabetical system
B. numerical system
C. colour coding system
D. none of the above
Answer» D. none of the above
72.

……………and physical distribution are the two major operations of logistics.

A. supply chain management
B. materials management
C. logistics management
D. none
Answer» B. materials management
73.

…………is the time that elapses between issuing replenishment order and receiving the material in stores.

A. replenishment time
B. lead time
C. idle time
D. none
Answer» B. lead time
74.

……………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.

A. supplying
B. purchasing
C. scrutinizing
D. none
Answer» B. purchasing
75.

Which of the following is not a component of 4PL?

A. control room (intelligence)
B. resource providers
C. information
D. recycling
Answer» D. recycling
76.

Which of the following is not a part of Supply chain Management system?

A. supplier
B. manufacturer
C. information flow
D. competitor
Answer» D. competitor
77.

……………………..is the provision of service to customers before, during and after a purchase.

A. customer service
B. product management
C. purchase management
D. none of the above
Answer» A. customer service
78.

Buying according to the requirements is called …………

A. seasonal buying
B. hand to mouth buying
C. scheduled buying
D. tender buying
Answer» B. hand to mouth buying
79.

ROLA in logistic management means……….

A. return on local assets
B. return on logistics assets
C. requirement of local assets
D. requirement of logistics assets
Answer» B. return on logistics assets
80.

………..is a part of supply chain management

A. financial management
B. human resource management
C. marketing management
D. logistic management
Answer» D. logistic management
81.

Material management function in logistics management known as ………

A. out-bound logistics
B. in-bound logistics
C. material logistics
D. production logistics
Answer» B. in-bound logistics
82.

…………logistics function ensures timely availability of semi processed materials and components inventory to support the production schedule.

A. procurement function
B. production function
C. physical distribution function
D. material management function
Answer» B. production function
83.

Marketing logistics in logistics management known as………..

A. out-bound logistics
B. in-bound logistics
C. material logistics
D. production logistics
Answer» A. out-bound logistics
84.

Production function of logistics is also called ………………

A. manufacturing function
B. operation function
C. both (a) and (b)
D. none of the above
Answer» C. both (a) and (b)
85.

…………..system in logistic management refers to a set of activities concerned with storage and flow of all materials,information and control system in a cost-efficient manner.

A. operating
B. physical
C. integrated
D. distribution
Answer» C. integrated
86.

……………… of a logistic system design taking in to consideration all the costs of the integrated system.

A. inventory anlysis
B. production analysis
C. benefit analysis
D. total cost analysis
Answer» D. total cost analysis
87.

Apart from economic and non-economic benefits ,…………is the main artery of logistics and supply chain management for the movement of goods.

A. warehousing
B. production
C. storage
D. transportation
Answer» D. transportation
88.

Modes of transportation includes

A. wholesaler
B. retailer
C. producer
D. pipeline
Answer» D. pipeline
89.

The determination of transport rate and price are normally based on economic ,shipper and carrier factor, followed by alternative…………..

A. production strategies
B. promotion strategies
C. pricing strategies
D. distribution strategies
Answer» C. pricing strategies
90.

Material handling is a branch of engineering which deals with the movements of …………between two or more different points.

A. goods
B. material
C. product
D. place
Answer» B. material
91.

The six Rs abourt operational objective of logistic management includes Right response,Right quality,Right quantity,Right value,Right cost trade- offs,and………..

A. right production
B. right place
C. right information
D. right person
Answer» C. right information
92.

From the following which one is not include in inventory management techniques

A. mrp
B. drp
C. tqm
D. jit
Answer» C. tqm
93.

‘Think on the best and then on the rest’ is related with

A. abc
B. ved
C. jit
D. mrp
Answer» A. abc
94.

LIS in logistics stands for

A. logistical inventory system
B. logistical investment system
C. logistical input system
D. logistical information system
Answer» D. logistical information system
95.

………… emphasis on ‘to do what you are best at and leave all other non- value-added activities to more suited players’.

A. core management
B. core competency
C. core production
D. core capacity
Answer» B. core competency
96.

The business activity of farming out identified non-core activities to external agencies came to be known as………

A. marketing
B. out sourcing
C. production
D. agency
Answer» B. out sourcing
97.

3PL providers are specialized service providers with core competency in managing ……………

A. mechanical operation
B. material operation
C. logistics operation
D. finance operation
Answer» C. logistics operation
98.

Third –party service providers are going for collaborations, mainly with consultancies and technology providers .This evolution in supply chain outsourcing is called……….

A. 3pls
B. 4pls
C. outsourcing
D. amalgamation
Answer» B. 4pls
99.

……………….. objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.

A. right value
B. right information
C. right quality
D. right cost trade-offs
Answer» D. right cost trade-offs
100.

Logistics add value by creating ………. Utilities.

A. time and place
B. risk
C. protection
D. promotion
Answer» A. time and place

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