Free Access APICS.CSCP.v2024-06-06.q308 Practice Test (Page 58)

Question 281

Which of the following strategies would increase overall supply chain risk?

A.Internally manufacturing a product that has a high level of technical intellectual property

B.Single sourcing a product that makes the highest annual profit

C.Outsourcing a product that is not well suited to your operations

D.Identify multiple sources for a product that has a potential for supply chain disruption

Question 282

Value stream mapping provides the most benefit when:

A.analyzing customer requirements.

B.implementing an information technology strategy.

C.planning kaizen events.

D.identifying nonvalue-added activities.

Question 283

Which of the following marketing strategies emphasizes offering services at a lower price than rival services with comparable features?

A.Cost leadership

B.Service differentiation

C.Customer focus

D.Market responsiveness

Question 284

The purpose of price differentiation is to:

A.clear out inventories.

B.increase customer loyalty.

C.increase total revenue.

D.reduce sales variability.

Question 285

A company desires to use customer relationship management (CRM) to enable supply chain collaboration. Implementation of CRM will enable the organization to most effectively:

A.provide supply chain visibility to customers and enable them to view the status of orders.

B.provide means of identifying, capturing, and retaining customers by aligning all resources and capabilities.

C.enable web-based order entry and electronic data interface.

D.sell their products and services to customers by using economic incentives.

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