CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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APICS Certified Supply Chain Professional CSCP new Practice Questions 2023 - Part 3
1. A firm allows its employees to engage in charitable activities during work hours, enforces strict codes of employee conduct, and makes donations of funds and goods to local organizations. Which of the following types of initiatives do these examples represent?
A) Employee ethics
B) Community conduct
C) Backed-by-business
D) Social sustainability
2. The four risks of supply chain risk management are supply, demand:
A) quality, and process
B) value, and sustainability
C) process, and environmental
D) value, and environmental
3. A key to increasing supply chain management integration is to:
A) have critical component suppliers share in strategy implementation
B) incorporate enterprise resource planning (ERP)
C) utilize warehouse management systems (WMS)
D) push demand throughout the supply chain
4. A possible risk of licensing other companies to manufacture products is:
A) losing market share
B) the other companies becoming competitors
C) the products becoming a commodity
D) the products being overpriced
5. To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?
A) United Nations Global Compact
B) Incotermsֲ®
C) Export Trading Company Act
D) Omnibus Foreign Trade and Competitiveness Act
A) Employee ethics
B) Community conduct
C) Backed-by-business
D) Social sustainability
2. The four risks of supply chain risk management are supply, demand:
A) quality, and process
B) value, and sustainability
C) process, and environmental
D) value, and environmental
3. A key to increasing supply chain management integration is to:
A) have critical component suppliers share in strategy implementation
B) incorporate enterprise resource planning (ERP)
C) utilize warehouse management systems (WMS)
D) push demand throughout the supply chain
4. A possible risk of licensing other companies to manufacture products is:
A) losing market share
B) the other companies becoming competitors
C) the products becoming a commodity
D) the products being overpriced
5. To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?
A) United Nations Global Compact
B) Incotermsֲ®
C) Export Trading Company Act
D) Omnibus Foreign Trade and Competitiveness Act
1. Right Answer: D
Explanation: Reference:https://elearning.scranton.edu/resource/business-leadership/five-ways-corporate-social-responsibility-promotes-sustainable-business
2. Right Answer: D
Explanation: Reference:https://global.hitachi-solutions.com/blog/supply-chain-risk-management
3. Right Answer: B
Explanation: Reference:https://www.compudata.com/understanding-the-role-of-erp-in-supply-chain-management/
4. Right Answer: B
Explanation:
5. Right Answer: D
Explanation: Reference:https://core.ac.uk/download/pdf/230970504.pdf
Explanation: Reference:https://elearning.scranton.edu/resource/business-leadership/five-ways-corporate-social-responsibility-promotes-sustainable-business
2. Right Answer: D
Explanation: Reference:https://global.hitachi-solutions.com/blog/supply-chain-risk-management
3. Right Answer: B
Explanation: Reference:https://www.compudata.com/understanding-the-role-of-erp-in-supply-chain-management/
4. Right Answer: B
Explanation:
5. Right Answer: D
Explanation: Reference:https://core.ac.uk/download/pdf/230970504.pdf
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