CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCP new Practice Questions 2023 - Part 27
1. In large supply chain transformation efforts, companies often ignore which critical component of change?
A) Technology
B) Suppliers
C) Customers
D) Culture
2. A quick-response program (QRP) will add value to the supply chain by:
A) accelerating new product introduction
B) lowering the total cost of ownership (TCO)
C) linking sales with production
D) improving overall cash velocity
3. Customer relationship management (CRM) provides the sales and customer service functions with:
A) on-hand inventory balance for goods experiencing an increase in demand
B) shipment history, promotional programs, and order status for specific products
C) master production schedule (MPS) details for upcoming customer orders
D) customer and market segments for logistics planning
4. Implementing a balanced scorecard for a supply chain typically would include which of the following actions?
A) Responding to resistance
B) Calculating partner performance
C) Communicating the strategic purpose to partner organizations
D) Aligning partner performance based on channel-master requirements
5. Which of the following tools is most appropriate for understanding why products fail?
A) Run chart
B) Control chart
C) Pareto analysis
D) Root cause analysis
A) Technology
B) Suppliers
C) Customers
D) Culture
2. A quick-response program (QRP) will add value to the supply chain by:
A) accelerating new product introduction
B) lowering the total cost of ownership (TCO)
C) linking sales with production
D) improving overall cash velocity
3. Customer relationship management (CRM) provides the sales and customer service functions with:
A) on-hand inventory balance for goods experiencing an increase in demand
B) shipment history, promotional programs, and order status for specific products
C) master production schedule (MPS) details for upcoming customer orders
D) customer and market segments for logistics planning
4. Implementing a balanced scorecard for a supply chain typically would include which of the following actions?
A) Responding to resistance
B) Calculating partner performance
C) Communicating the strategic purpose to partner organizations
D) Aligning partner performance based on channel-master requirements
5. Which of the following tools is most appropriate for understanding why products fail?
A) Run chart
B) Control chart
C) Pareto analysis
D) Root cause analysis
1. Right Answer: A
Explanation:
2. Right Answer: C
Explanation: Reference:http://www.iems.co.kr/CPL/lecture/part4/1.%20Supply%20Chain%20Management.pdf
3. Right Answer: D
Explanation:
4. Right Answer: C
Explanation: Reference:https://opentextbc.ca/principlesofaccountingv2openstax/chapter/describe-the-balanced-scorecard-and-explain-how-it-is-used/
5. Right Answer: D
Explanation:
Explanation:
2. Right Answer: C
Explanation: Reference:http://www.iems.co.kr/CPL/lecture/part4/1.%20Supply%20Chain%20Management.pdf
3. Right Answer: D
Explanation:
4. Right Answer: C
Explanation: Reference:https://opentextbc.ca/principlesofaccountingv2openstax/chapter/describe-the-balanced-scorecard-and-explain-how-it-is-used/
5. Right Answer: D
Explanation:
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