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 50
1. A company that has selected the hybrid production method has multiple alternatives for the timing of activating and deactivating capacity. The inventory carrying costs and which of the following categories of costs would typically be relevant in the analysis of the alternatives?
A) Strategic sourcing
B) Capital tooling
C) New employee training
D) Fixed plant
2. A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?
A) Logistics
B) Human resources
C) Marketing
D) Information technology
3. Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?
A) The practice of adjusting capacities in a manufacturing environment
B) The ability to react quickly to changes or events while maintaining customer service levels
C) The ability to produce high volume stock keeping units (SKUs) in multiple locations
D) The ability to produce complex configurations of a product within the standard lad time
4. Which of the following principles is included in the United Nations (UN) Global Compact?
A) Trading blocs
B) Anti-corruption
C) Risk management
D) Accounting standards
5. Which of the following types of risk typically would be most difficult to plan for and mitigate?
A) Currency fluctuation
B) Forecast error
C) Geopolitical
D) Supplier performance
A) Strategic sourcing
B) Capital tooling
C) New employee training
D) Fixed plant
2. A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?
A) Logistics
B) Human resources
C) Marketing
D) Information technology
3. Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?
A) The practice of adjusting capacities in a manufacturing environment
B) The ability to react quickly to changes or events while maintaining customer service levels
C) The ability to produce high volume stock keeping units (SKUs) in multiple locations
D) The ability to produce complex configurations of a product within the standard lad time
4. Which of the following principles is included in the United Nations (UN) Global Compact?
A) Trading blocs
B) Anti-corruption
C) Risk management
D) Accounting standards
5. Which of the following types of risk typically would be most difficult to plan for and mitigate?
A) Currency fluctuation
B) Forecast error
C) Geopolitical
D) Supplier performance
1. Right Answer: A
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation: Reference:https://www.unglobalcompact.org/what-is-gc/mission/principles
5. Right Answer: C
Explanation:
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: C
Explanation:
4. Right Answer: B
Explanation: Reference:https://www.unglobalcompact.org/what-is-gc/mission/principles
5. Right Answer: C
Explanation:
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