SCM - AOF (pre-test 3)

21. Logistics belong to the support activities of a value chain. True or False?

• True
• False

22. Value chain provides a framework for identifying which activity generates more added value for an enterprise. True or False?

• True
• False

23. Wal-Mart supply chain is a typical example of cost advantage through supply chain innovation. True or False?

• True
• False

24. What is a key focus of SCM that puts end users at the center?

• A. Customer satisfaction
• B. Profit maximization
• C. Shareholder wealth maximization
• D. Cost reduction

25. Which of the following is a support activity in the value chain?

• A. Procurement
• B. Outbound logistics
• C. Operations
• D. Marketing and sales

26. Inbound logistics belongs to which activity area of a value chain?

• A. Support activities
• B. Primary activities
• C. Producing activities
• D. Buying activities

27. Customized pricing is the pricing policy that........

• A. prevents customer movement
• B. distinguishes customers based on their price sensitivity
• C. provides goods to customers at the lowest price
• D. minimizes the demand fluctuation

28. A fixed set of options covering most customers can address the problem of.....................

• A. customer's price sensitivity
• B. the proliferation of products
• C. customer's movement
• D. uncertain demand

29. What does the value chain process aim to deliver?

• A. Value to customers from raw materials to finished goods
• B. Maximum profit to shareholders
• C. Increased production speed
• D. Minimized operational costs

30. Which activity is NOT considered a primary activity in the value chain?

• A. Finance and accounting
• B. Operations
• C. Outbound logistics
• D. After-sales services