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Total 122 Questions | Updated On: Nov 20, 2024

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Question 1

Green Frog Ltd is a consultancy organisation that has around 50 different customers. Their new CEO Patal is investigating the different customers and believes that using a Cost to Serve tool will help better understand customer profitability. Is this the right approach?

A : yes- Cost to Serve will allow Patal to identify customers that are unprofitable

B : yes- this is an expensive tool but will allow a high level of visibility for the organisation into its customers

C : no- all customers are equally profitable if they pay the same rates

D : no - Patal should use a Total Cost of Ownership approach to measure this

Answer: A

Question 2

Which governing body is responsible for the creation and management of INCOTERMS? (Rules that state the responsibilities of buyers and sellers regarding delivery of goods under sales contracts).

A : World Trade Organisation

B : United Nations

C : International Labour Organisation

D : International Chamber of Commerce

Answer: D

Question 3

Which of the following statements about Sales and Operations Planning are TRUE? Select TWO

A : it is a process of planning future aggregate resource levels so that supply will balance with demand

B : it is a fundamental financial plan to ensure business profitability in relation to supply and demand

C : it is a cross-functional department activity

D : competitors' behaviour is not accounted for in Sales and Operations Planning

Answer: A,C

Question 4

Which of the following is an EU Directive aimed at reducing the amount of electronic waste that goes to landfill?

A : Extended Producer Responsibility

B : WEEE

C : ISO14001

D : Environment Act 2021

Answer: B

Question 5

2022-04-05-16-06-10-4a2f355154be86d81d4966c273b6dcd4

Which of the following will you put into box 7?

A : protect

B : build

C : danger zone

D : cost engineer

Answer: D

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Total 122 Questions | Updated On: Nov 20, 2024

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