Logistics system follows the principle of ______________ advantage.

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Question:
Logistics system follows the principle of ______________ advantage.

1.comparative

2.co-operative

3.discriminating

4.productive

Posted Date:-2021-12-07 06:25:41

More MCQS Questions and answers

  1. "Poka-yoke" is the Japanese term for
  2. 3PL providers are specialized service providers with core competency in managing ______
  3. A Channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a _____
  4. A quality circle holds a brainstorming session and attempts to identify the'factors responsible for flaws in a product. Which tool do you suggest they use to organize their findings?
  5. All of the following decisions fall within the scope of operations management except for
  6. Apart from economic and non-economic benefits , _______ is the main artery of logistics and supply chain management for the movement of goods.
  7. At strategic level ,the customer service management process is concerned with designing the process for managing the ________
  8. At ______ level, the CRM process provides the framework for managing relationships with customers.
  9. Broadly quality does not include
  10. Buying according to the requirements is called _______
  11. From the following which one is not included in distribution strategies
  12. Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. If the production is increased to 2400 valves each 8-hour shift, the productivity will increase by
  13. In many industries,traditional intermediaries are dropping by the wayside because of changes in ______ and the growth of ______ marketing.
  14. In the evolution of logistics ,the objective of maximize the profit by a corresponding maximization of sales was the objective in _____ stage.
  15. Integration of business economics and strategic planning has given rise to a new area of study called ______
  16. Logistics system follows the principle of ______________ advantage.
  17. Marketing logistics in logistics management known as _______
  18. Material handling is a branch of engineering which deals with the movements of _______ between two or more different points.
  19. Pareto charts are used to
  20. Productivity measurement is complicated by
  21. Quality Circles members are
  22. Smart companies coordinate their logistics strategies and forge strong partnership with suppliers and customers to improve customer service and reduce channel cost through ________
  23. Sometimes a producer chooses only a few dealers in a territory to distribute its products or services.Generally these dealers are given a right to _______
  24. Strategic logistics planning process starts with the definition of _______
  25. The activities in supply chain process reside inside a _______, but an entire process will not be contained with in one function.
  26. The field of operations management is shaped by advances in which of the following fields?
  27. The five pillars of TQMincludeproduct, process,system,people,and _________
  28. The Globel Supply Chain Form identified ______________ key process that make up the core of supply chain management.
  29. The largest contributor to productivity increases is _______, estimated to be responsible for ______ of the annual increase.
  30. The managing change by developing a cohesive environment in the organization is included in _______ stage of strategic planning process.
  31. The marketing function's main concern is with
  32. The overall performance of corporate enterprises in terms of increased productivity ,profitability, and market share were the out put in _____ stage of logistic evolution.
  33. The six Rs abourt operational objective of logistic management includes Right response,Right quality,Right quantity,Right value,Right cost tradeoffs, and _____
  34. The term Logistics stems from the Greek word ______
  35. The _______ has made it possible for other companies to eliminate intermediaries and sell directly to the end consumer.
  36. Time to market is a critical objective of ________ process in supply chain.
  37. Walter Shewhart is listed among the important people of operations management because of his contributions to
  38. When suppliers, distributors, and customers partner with each other to improve performance of the entire system, they are participating in a _________
  39. Which is not true regarding differences between goods and services?
  40. Which of the following is not a part of Supply chain Management system?
  41. Which of the following is not an area of responsibility for a logistics manager?
  42. _____ includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.
  43. _____ system in logistic management refers to a set of activities concerned with storage and flow of all materials,information and control system in a cost-efficient manner.
  44. ______ process in supply chain includes all activities necessary for managing the product flow through the manufacturing facilities and for obtaining ,implementing and managing flexibility.
  45. _______ is a company wide strategy to cut lead times in all phases of manufacturing and office operation.
  46. ________ considers how your organization competes and is an essential element of corporate strategy.
  47. ________ is a predictable degree of uniformity and dependability,at low cost and suited to the market.
  48. ________ objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.
  49. _________ is a standard of performance.
  50. _________ means to build in a mechanism a means to prevent mass production of defective work in machine or product line.
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