Strategic Management Online Test Part 3

11. Match the Following

1] Inventory turnover ratioi] Receivable planning
2] Timing of reordering & inventory turnoverii] Maintenance planning
3] Collection of accounts receivablesiii] Working capital planning
4] State regulation & tax policyiv] Dividend planning
v] Inventory planning
a. 1-iii, 2-iv, 3-v, 4-ii
b. 1-ii, 2-v, 3-iv, 4-iii
c. 1-i, 2-ii, 3-iii, 4-iv
d. 1-iii, 2-v, 3-i, 4-iv

Answer: d. 1-iii, 2-v, 3-i, 4-iv

12. Which model of Social Responsibility says, "Owners as well as the employees are at the focus"?

a. Benefactor Model
b. Investment Model
c. Creative Model
d. Householder's Model

Answer: d. Householder's Model

13. Which of the following should be the first step in supply chain management?

a. Standardization
b. Spontaneous BTO parts
c. Supply chain simplification
d. Automatic, spontaneous supply

Answer: c. Supply chain simplification

14. ________ leads to Operation Capability.

a. Usage of funds
b. Retrieval of information
c. Organizational characteristics
d. Control system

Answer: d. Control system

15. Which of the following are the steps in supply chain management?

i] Supply chain simplification
ii] Standardization
iii] Automatic spontaneous resupply
iv] Spontaneous BTO parts

a. i and ii
b. i and iv
c. i, ii and iii
d. i, ii and iv

Answer: d. i, ii and iv