Test Your Knowledge About Supply Chain And Logistics Functions!

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Test Your Knowledge About Supply Chain And Logistics Functions!

Supply chain management is the broad range of activities in which a person has to plan, control and execute a product's flow, from acquiring resources till production and distribution to the final customer. Whereas, logistics deals with effective execution and planning to meet the customer requirements in a timely and cost-effective manner. This quiz has been made to assess how well do you know about the supply chain and logistics So, let's try out the quiz. All the best!


Questions and Answers
  • 1. 
    Which of the following is not a characteristic that makes information useful?
    • A. 

      It is reliable

    • B. 

      It is timely

    • C. 

      It is inexpensive

    • D. 

      It is relevant

  • 2. 
    Data differ from information in which way?
    • A. 

      Data are output and information is input

    • B. 

      Information is output and data are input

    • C. 

      Data are meaningful bits of information

    • D. 

      There is no difference

  • 3. 
    In the value chain concept, upgrading IT is considerd what kind of activity?
    • A. 

      Primary activity

    • B. 

      Support activity

    • C. 

      Service activity

    • D. 

      Structured activity

  • 4. 
    A firm, its suppliers, and it's customers collectively from which of the following?
    • A. 

      Supply chain

    • B. 

      Value chain

    • C. 

      ERP system

    • D. 

      AIS

  • 5. 
    The process which involves controlling, implementing and planning materials and final goods to meet the final customer at high profits is classified as
    • A. 

      Exclusive distribution

    • B. 

      Exclusive dealing

    • C. 

      Physical distribution

    • D. 

      Supply chain management

  • 6. 
    Logistic network through which unwanted or excess products by resellers or consumers are classified as
    • A. 

      Inbound distribution

    • B. 

      Outbound distribution

    • C. 

      Forward distribution

    • D. 

      Reverse distribution

  • 7. 
     The logistic network which moves finished product from the company to resellers and then to end users is classified as
    • A. 

      Risk averse distribution

    • B. 

      Reverse distribution

    • C. 

      Inbound distribution

    • D. 

      Outbound distribution

  • 8. 
    The process of managing upstream and downstream of final goods, the flow of raw materials and information about resellers and final consumers are classified as
    • A. 

      Marketing logistics network

    • B. 

      Supply chain management

    • C. 

      Delivery network

    • D. 

      Physical distribution network

  • 9. 
    Does SCM stand for?
    • A. 

      Supply Continuity Management 

    • B. 

      Supply crisis management 

    • C. 

      Supplier Change Management 

    • D. 

      Supply Chain Management 

  • 10. 
    In a manufacturing enterprise, which of the following is not a part of Internal Supply chain management?
    • A. 

      Procurement Cycle 

    • B. 

      Sales and Distribution Cycle 

    • C. 

      Marketing Cycle 

    • D. 

      Manufacturing Cycle