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 74
1. A large wholesaler formerly owned a number of delivery trucks. The wholesaler sold all of its trucks and now purchases transportation services from fleet operators. This is an example of which of the following strategies?
A) Selling and leasing back equipment.
B) Renting equipment on consignment.
C) Using a third-party logistics provider.
D) Using an owner-operator fleet.
2. Reverse supply chain activity typically peaks nearest the beginning of which of the following stages of the product life cycle?
A) Introduction
B) Growth
C) Maturity
D) Decline
3. Which of the following actions typically would be considered part of a reverse logistics strategy?
A) Offering a discount on new purchases when used products are returned
B) Reducing the amount of packaging material used in shipping
C) Manufacturing products in batches consistent with full-truckload shipments
D) Batching returns of defective components to the suppliers
4. A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm's ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for the firm to use to improve customer service?
A) Customer service ratio metrics
B) Market segmentation
C) Customer relationship management (CRM)
D) Supply Chain Operations Reference (SCORֲ®)
5. A company plans to maximize profitability by charging more for its products at retail locations than on its website. Which of the following segmentation strategies would best support this plan?
A) Group
B) Channel
C) Regional
D) Location
A) Selling and leasing back equipment.
B) Renting equipment on consignment.
C) Using a third-party logistics provider.
D) Using an owner-operator fleet.
2. Reverse supply chain activity typically peaks nearest the beginning of which of the following stages of the product life cycle?
A) Introduction
B) Growth
C) Maturity
D) Decline
3. Which of the following actions typically would be considered part of a reverse logistics strategy?
A) Offering a discount on new purchases when used products are returned
B) Reducing the amount of packaging material used in shipping
C) Manufacturing products in batches consistent with full-truckload shipments
D) Batching returns of defective components to the suppliers
4. A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm's ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for the firm to use to improve customer service?
A) Customer service ratio metrics
B) Market segmentation
C) Customer relationship management (CRM)
D) Supply Chain Operations Reference (SCORֲ®)
5. A company plans to maximize profitability by charging more for its products at retail locations than on its website. Which of the following segmentation strategies would best support this plan?
A) Group
B) Channel
C) Regional
D) Location
1. Right Answer: C
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: A
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: B
Explanation:
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