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Intermediate A Logistics & Finance

Authored by JORGE LUIS GARCIA CORONADO

Business

10th Grade

Used 2+ times

Intermediate A Logistics & Finance
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In a bustling city, Ava runs a bakery that produces delicious bread, while Scarlett owns a grocery store that sells various food items. What is the role of middlemen in the supply chain connecting Ava and Scarlett?

Middlemen act as intermediaries in the supply chain, connecting producers and consumers while providing essential services.

Middlemen eliminate the need for producers in the supply chain.

Middlemen are responsible for manufacturing products.

Middlemen only handle the transportation of goods.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mason runs a small retail store and wants to ensure he never runs out of popular items. How can he keep track of his inventory effectively?

Outsource inventory tracking to a third party without oversight.

Implement an inventory management system and conduct regular audits.

Only check inventory once a year.

Ignore stock levels and rely on memory.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Samuel is considering raising money from a bank to start his own business. What are the pros and cons of this decision?

Pros: no interest payments Cons: the requirements

Pros:unlimited funding Cons: interests

Pros: no collateral needed Cons: debts

Pros: access to large funds, structured repayment, builds credit. Cons: interest payments, collateral required, risk of debt.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ava's bakery has been experiencing a surge in popularity due to seasonal promotions and discounts. In what situation might Ava's bakery run low on inventory?

Consistent sales and stable supply chain

Excessive inventory management

Seasonal promotions and discounts

Increased demand or supply chain disruptions.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Abigail is managing a logistics company and is trying to understand the significance of the origin in logistics.

The origin is only important for tracking shipments.

The origin is crucial for cost management, efficiency, and supply chain optimization.

The origin is primarily about customer service.

The origin has no impact on delivery times.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How can Mia's showroom impact her business's sales strategy?

A showroom focuses solely on online sales and ignores in-person interactions.

A showroom limits customer access to products and services.

A showroom increases production costs and reduces profit margins.

A showroom enhances customer engagement and showcases products effectively.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Nora has invested in a company and owns several shares. She is curious about how dividends work and how they relate to her shares.

Dividends are payments to shareholders from a company's profits, related to shares as they are distributed based on the number of shares owned.

Dividends are a type of tax on shares.

Dividends are only paid to company executives.

Dividends are the total value of shares owned.

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