Value Chain MCQ Quiz

10 Questions | By Jarodil | Last updated: May 1, 2022 | Total Attempts: 4140

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Have you heard about value chain analysis? Take this value chain analysis mcq to check how well you understand the term and functionality. It is basically the implementation of ideas into reality to run a business. You can take this test to check as well as enhance your knowledge. You can get a perfect score with all the correct answers. Even if you miss out on something, we will help you know that. All the best! You can share the quiz with other business people also.

Questions and Answers

1.

What are the five primary activities of the value chain model?
- A.
  
  Inbound logistics, Operations, Outbound Logistics, Marketing and Sales, and Technology Development
- B.
  
  Inbound logistics, Operations, Outbound Logistics, Marketing and Sales, and Service
- C.
  
  Inbound logistics, Operations, Outbound Logistics, Marketing and Sales, and Service
- D.
  
  Inbound logistics, Operations, Infrastructure, HR Management, and Service
2.

What are the supporting activities of the value chain model?
- A.
  
  Infrastructure of the firm, Human Resource department, Technology department, Procurement
- B.
  
  Infrastructure of the firm, Human Resource department, Technology department, Marketing and Sales
- C.
  
  Infrastructure of the firm, Service, Technology department, Procurement
- D.
  
  Inbound logistics, Procurement, Outbound Logistics, Marketing and Sales, and Service
3.

How many steps are there in value chain analysis?
- A.
  
  4
- B.
  
  1
- C.
  
  3
- D.
  
  2
4.

What type of supporting activity is purchasing inputs such as material, supplies, and equipment?
- A.
  
  Procurement
- B.
  
  Inbound Logisitics
- C.
  
  Outbound Logisitics
- D.
  
  Service
5.

Which activity is not related to Service?
- A.
  
  Installation
- B.
  
  Parts supply
- C.
  
  Delivery
- D.
  
  Quoting
6.

Machining, packaging, assembly, testing, printing and facility operations are examples of
- A.
  
  Operations
- B.
  
  Procurement
- C.
  
  Outbound Logistics
- D.
  
  Service
7.

Which of the following are the Outbound Logistics activities?
- A.
  
  Delivery
- B.
  
  Finished good warehousing
- C.
  
  Order processing and scheduling
- D.
  
  All of the above
8.

CRM's & ERP's are examples of __________ activities.
- A.
  
  Service
- B.
  
  Technology Development
- C.
  
  Sales & Marketing
- D.
  
  Procurement
9.

Which of the following is NOT an activity involved by Human Resources
- A.
  
  Training
- B.
  
  Hiring
- C.
  
  Strategic management
- D.
  
  None of the above
10.

The function of purchasing inputs used in the firm’s value chain is
- A.
  
  Operations
- B.
  
  Procurement
- C.
  
  Firm infrastructure
- D.
  
  Inbound logistics