Intermediate A Logistics & Finance

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.

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.

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.

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.

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.

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.

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.

Ethan is considering starting a new tech company and is looking for a business partner to help with funding. What are the advantages of finding a business partner for funding?

• Higher personal liability for debts.

• Limited networking opportunities.

• Increased competition for resources.

• Access to additional capital and shared financial risk.

Lily runs a small marketing agency and often uses her credit card for various business expenses. How does using credit cards for business expenses work?

• Using credit cards increases the amount of cash on hand.

• Credit cards can only be used for personal expenses.

• Credit cards do not provide any tracking for business spending.

• Credit cards allow businesses to charge expenses, track spending, and manage cash flow effectively.

Olivia is considering borrowing money from her uncle to help pay for her college tuition. What are the risks of borrowing money from a relative?

• Increased financial security

• Guaranteed repayment terms

• Improved family dynamics

• Risks include strained relationships, misunderstandings, feelings of obligation, and potential family conflict.