Domain Test- OSCM MCQ 25 Marks 1. If the fixed cost is $200000, unit sales are 30000 and the variable cost is $8 then the unit cost is a) b) c) d) $14.67 $18.67 $20.67 $25.67 2. In smaller companies, the pricing strategies are handled by a) b) c) d) divisional manager top management sales manager marketing manager 3. Price on which it is limit that no less profits would be accepted less than this price is classified as a) b) c) d) cost ceiling cost floor price ceiling price floor 4. Specific amount of money the company demands from customers for its product or services is classified as a) b) c) d) price tax discount value added tax 5. If the cost of product is $30 and the profit margin for each unit is $3 then the price that must be charged to customers is a) $30 b) $33 c) $27 d) $34 6. Which of the following is true for supply chain management? a) The physical material moves in the direction of the end of chain b) Flow of cash backwards through the chain c) Exchange of information moves in both the direction d) All of the above 7. The sequence of a typical manufacturing supply chain is a. Storage–Supplier–manufacturing–storage–distributor–retailer–customer b.Supplier–Storage-manufacturing–storage–distributor–retailer–custome c. Supplier–Storage-manufacturing– distributor–storage–retailer–customer d.Supplier–Storage-manufacturing–storage– retailer–distributor–customer 8. The purpose of supply chain management is a. b. c. d. provide customer satisfaction improve quality of a product integrating supply and demand management increase production 9. Logistics is the part of a supply chain involved with the forward and reverse flow of a)goods b)services c)cash d)all of the above 10.Due to small change in customer demands, inventory oscillations become progressively larger looking through the supply chain. This is known as a) Bullwhip effect b) Net chain analyses c) Reverse Logistics d) Reverse Supply Chain 11.The flow of information through a set of business activities is referred to as a a) b) c) d) value chain. supply system. value system. supply chain. 12.Which of the following creates an online supply chain community that enables partners to collaborate on design, procurement, demand and supply management, and other supply chain activities? a. collaborative fulfillment b. supply chain event management. c. collaborative design d. supply chain exchange 13.A program that is written by third-party vendors is known as a. b. c. d. open source software. freeware. packaged software. custom applications. 14. Applications that integrate business activities across departmental boundaries are often referred to as a. b. c. d. customer relationship management (CRM). a data warehouse. enterprise resource planning (ERP). supply chain management (SCM). 15. Which of the following is not an ERP vendor? a. b. c. d. PeopleSoft SAP Oracle Siebel Systems 16. Alternating the way in which business processes are conducted is known as a. b. c. d. best practices. customizations. vanilla version. business process reengineering (BPR). 17. The value chain connection between a firm and its suppliers is called a. inbound logistics. b. outbound logistics. c. SCM. d. None of these. 18.The value chain connection between a firm and its customers is called: a. b. c. d. inbound logistics. CRM. None of these. outbound logistics. 19.The transportation of finished goods, raw materials, or supplies is a. b. c. d. marketing. logistics. production. procurement. 20.Which of these is not an Oracle ERP finance function? a. b. c. d. a All of these are in the finance function. accounts payable accounts receivable general ledger Question 11. 21.Which of these is not an SAP R/3 financial accounting information (FI) function? a. b. c. d. accounts receivable accounts payable All of these are in the finance function. general ledger 22.Sales force automation software is a subset of which type of software package? Open Hint for Question 12 in a new window. a. b. c. d. CRM None of these. ERP SCM 23.The process of obtaining goods or services is called a. procurement. b. logistics. c. integration. d. purchasing. 24. Legacy systems : a. b. c. d. often require expensive maintenance. All of these. may be difficult to integrate with new systems. use a collection of independent files or databases. 25.What is said to be the most important step in implementing an ERP system? a. b. c. d. Get executive support. Take a multidisciplinary approach to implementation. Get outside help from experts. Thoroughly train users.
