ADM Summative 1
Quiz
•
Other
•
University
•
Hard
Varun Duggal
Used 3+ times
FREE Resource
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increasing the Inventory Turns will Increase the Sales
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Doubling the Inventory Turn will double the Interest Cost
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Conversion Ratio does not depend upon the category
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
DPP for a product is always constant
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The DPP for a product will normally depend upon the Gross profit, the total quantity sold and the display space
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organization selling higher quantity of the same product will normally be always at an advantage over its competitors over price
True
False
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You manufacture fabric. The price of the yarn has increased 5 times in the last 10 years. To make your business more competitive what would you do.
Sell my business
See if buying a yarn manufacturing unit is feasible
Buy cheaper quality of the yarn
None of the above
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