MCQ Bank
Which of the following factor(s) is/are used to segment buyers into distinct groups?
- A) Demographic, geographic, and behavioral characteristics
- B) Supplier location and credit terms
- C) Office layout and facilities
- D) Employee attendance and work hours
Which of the following can be the level of competition being faced by Airline carriers to rival air carriers?
- A) Which of the following can be the level of competition being faced by Airline carriers to rival air carriers? Very strong competition A limited competition No competition None of the given options
- B) Very strong competition
- C) A limited competition
- D) No competition
Which of the following factors directly affects the utilization of a carrier’s vehicle and the cost per hundred weight?
- A) Office location of the carrier
- B) Employee work schedule
- C) Freight density and shipment volume
- D) Type of packaging material used
Logistics management is the process of planning, implementing, and controlling the efficient and effective:
- A) Financial investments and portfolio management
- B) Employee recruitment and training
- C) Flow and storage of goods, services, and related information
- D) Production and manufacturing operations
A market structure characterized by a small number of relatively large firms and significant barriers to entry due to capital requirements is known as:
- A) Perfect competition
- B) Monopolistic competition
- C) Oligopoly
- D) Monopoly
All of the following are considered as safety issues in transportation management EXCEPT:
- A) Alcohol and drug abuse
- B) Drivers’ hours of service and fatigue
- C) Vehicle size and weight
- D) Enable timely communications
Which of the following vehicles are used within a city to provide pickup and delivery service?
- A) City straight trucks
- B) Open Top vehicles
- C) High cube
- D) Line-haul Vehicles
A firm which competes on cost advantage basis is likely to select which of the following options?
- A) A location that assures minimum cost
- B) A location in a prestigious market
- C) A location in a privileged prime market
- D) A location that can give competitive advantage over its rivals
Which of the following (‘s) is (‘are) characteristics of foreign trade zones (FTZs)?
- A) Materials are taxed at lower rates
- B) Materials are imported duty-free as inputs to production
- C) Labor is cheap at such zones
- D) The materials are of high quality at such zones
Logistics management is a process of planning, implementing and controlling the efficient and effective:
- A) Design and development
- B) Usage and Consumption
- C) Flow and storage
- D) Sales and marketing
Which of the following ('s) is ('are) factors ('s) on which buyers are segregated into distinct groups?
- A) By individual person
- B) By commodity
- C) All of the given options
- D) By time and place
which one of the following is essential for the 3PL provider to be always integrated in customs system?
- A) Fifth party Logistics
- B) Second party Logistics
- C) First Party Logistics
- D) Third party Logistics
A competition with small number of relatively large firms with some degree of capital constraint for entry is considered as which of the following competition?
- A) Perfect competition
- B) Monopolistic
- C) None of the given options
- D) Oligopoly
Which of the following directly impacts the use of the carrier's vehicle and cost per hundred weight?
- A) Stowability and handling
- B) Product liability
- C) None of the given options
- D) Product density
What are the various factors to be considered in capability requirements step of designing an efficient Distribution Planning and Strategy for an organization?
- A) Flow requirements
- B) Product attributes
- C) Roles to be fulfilled
- D) All of the given options
Which of the following can be the reason for inventory errors?
- A) Well trained personnel
- B) Deficiency of audit capability
- C) Authorized withdrawal
- D) Security of stock
Which of the following is regarded as most widely used & simplest of all queuing models?
- A) Single-Channel. Single-Phase Queuing Model
- B) Diverse-Channel. Single-Phase Queuing Model
- C) None of the given options
- D) Multiple-channel. single-phase queuing system
Queuing time deals with management of which of the following functions?
- A) Average arrival rate of the customers
- B) The order in which customers will be serviced
- C) All of the given options
- D) The way in which customer arrival & service times distributed
Which of the following (‘s) is (‘are) internal factor (‘s) in influencing service productivity of an organization?
- A) Human resources
- B) All of the given options
- C) Suppliers
- D) Customers
Which of the following must be observed while receiving goods by a warehouse?
- A) Inspection of goods when required
- B) All of the given options
- C) Checking goods according to order and bill of lading
- D) Checking for damaged items