
SESSION 2 2022/2023
Authored by Eili Munirah
Business
University

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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The movement of products through the supply chain until they reach the customer is called:
Retailing
Distribution
Transportation
Manufacturing
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The ideal transport method for fluids is:
Road transport
Railway transport
Water transport
Pipeline
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which pricing strategy requires each customer to pay the exact freight from the factory to their location?
Zone pricing
Base-point pricing
FOB origin pricing
FOB destination pricing
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of these is NOT considered inventory?
Finished items for sale
Components for production
Raw materials
Machinery and equipment
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of stock helps businesses avoid shortages and price hikes:
Seasonal stock
Safety stock
Deadstock
Speculative stock
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Inventory risk cost arises from:
Obsolete goods held for a long time
Capital tied up in inventory
Moving the product in and out of inventory
High insurance costs for loss or damage
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Tax on inventory value is referred to as:
Capital cost
Storage space cost
Inventory service cost
Inventory risk cost
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