Which of the following describes the typical flow of cash in the supply chain?
A. Customer to producer to supplier
B. Producer to customer to supplier
C. Supplier to producer to customer
D. Customer to supplier to producer
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Supply chains create value by:
A. Increasing profitability and return to shareholders
B. Providing multiple variants of products for customers
C. Making transaction processing more efficient
Developing more accurate forecasts
Which of the following statements is true?
A. Logistics and supply chain are same.
B. Physical distribution and logistics are the same.
C. Supply chain is a subset of logistics.
D. Logistics is a subset of supply chain.
If a customer visiting a departmental store cannot find his desired soap manufactured by Hindustan Unilever Ltd (HUL) in the store, which of the following chain partner will he hold responsible for the non-availability of the soap?
A. The suppliers of raw materials and components
B. The distributor
C. The logistics service provider
D. Hindustan Unilever Ltd
E. The departmental store
Which of the following sequence is true?
A. Sourcing → Inbound logistics → Conversion into finished goods → Outbound logistics → Retailing
B. Sourcing → Conversion into finished goods → Inbound logistics → Outbound logistics → Retailing
C. Inbound logistics → Sourcing → Conversion into finished goods → Outbound logistics → Retailing
D. Sourcing → Inbound logistics → Outbound logistics → Conversion into finished goods → Retailing
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