Group 8
Authored by YNB Adonis
Professional Development, Other
1st - 2nd Grade
Used 9+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What a company hopes to be in the future, and a clarification of its purpose can be referred to as what?
Objective
Mission statement
Vision
Company growth projection
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A clothing company contacts its suppliers to deliver materials only when its production sites are ready to use them. What do we call this scenario?
Waste no time scheduling
Supply chain maximization
On time delivery
Just in time scheduling
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What best describes strategic planning?
Long-term action directions
daily strategies
goals
None of the above
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Where is the break-even point?
Revenue = Cost
Profit > Loss
Revenue > Cost
Profit = Cost
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Select one option that is not associated with inventory control
Routing items to workstations just in time for use
Returning excess inventory back to suppliers
Ensuring inventory is only large enough to meet immediate needs
Requesting new orders when inventory levels fall to predetermined points
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