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 44
1. Which of the following outcomes occurs when direct shipping is used instead of a distribution network?
A) Outbound transportation cost is reduced.
B) Inventory velocity is reduced.
C) Order-fill rates are reduced.
D) Inventory obsolescence is reduced.
2. Which of the following factors typically is most important in successfully implementing sales and operations planning (S&OP)?
A) Involvement of specialists from all functional groups within an organization
B) Creation of a dedicated S&OP organizational unit
C) Involvement and accountability at senior management level
D) Focus on 3 months to 18 months in the future
3. A company that sells engineered-to-order products is planning implementation of a supplier relationship management system (SRM) for direct materials. Which of the following factors is most likely to make the implementation difficult?
A) Complexity of the purchasing process
B) Cost of the application software upgrades
C) Management of variable lead times
D) Resistance of material suppliers
4. The United Nations Global Compact uses 10 guiding principles to:
A) reduce uncertainty for multinational firms regarding legal, import/export, labor, and environmental standards across countries.
B) set minimum levels of compliance across a broad range of transactional areas for businesses operating in multiple geographic regions.
C) align the needs of businesses to increase profitability and the needs of individual countries to ensure their specific legal requirements are met.
D) help ensure that markets, commerce, technology, and finance promote advancement of economies and societies everywhere.
5. Which of the following sustainability tools is most appropriate for managing environmental compliance with regulatory requirements?
A) ISO 14000
B) Global Reporting Initiative (GRI)
C) ISO 26000
D) United Nations Global Compact
A) Outbound transportation cost is reduced.
B) Inventory velocity is reduced.
C) Order-fill rates are reduced.
D) Inventory obsolescence is reduced.
2. Which of the following factors typically is most important in successfully implementing sales and operations planning (S&OP)?
A) Involvement of specialists from all functional groups within an organization
B) Creation of a dedicated S&OP organizational unit
C) Involvement and accountability at senior management level
D) Focus on 3 months to 18 months in the future
3. A company that sells engineered-to-order products is planning implementation of a supplier relationship management system (SRM) for direct materials. Which of the following factors is most likely to make the implementation difficult?
A) Complexity of the purchasing process
B) Cost of the application software upgrades
C) Management of variable lead times
D) Resistance of material suppliers
4. The United Nations Global Compact uses 10 guiding principles to:
A) reduce uncertainty for multinational firms regarding legal, import/export, labor, and environmental standards across countries.
B) set minimum levels of compliance across a broad range of transactional areas for businesses operating in multiple geographic regions.
C) align the needs of businesses to increase profitability and the needs of individual countries to ensure their specific legal requirements are met.
D) help ensure that markets, commerce, technology, and finance promote advancement of economies and societies everywhere.
5. Which of the following sustainability tools is most appropriate for managing environmental compliance with regulatory requirements?
A) ISO 14000
B) Global Reporting Initiative (GRI)
C) ISO 26000
D) United Nations Global Compact
1. Right Answer: D
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: C
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: A
Explanation:
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