A
You’re managing a project with a team, and your task is delayed. Another team member offers to take up part of your workload to help meet the deadline.
Question: What project management concept is demonstrated?
a) Task Delegation
b) Micromanagement
c) Agile Methodology
d) Critical Path
a) Task Delegation
You identify potential delays and issues that could impact the project’s completion. You create a plan to handle them proactively.
Question: What is this plan called?
a) Risk Mitigation Plan
b) Issue Log
c) Contingency Plan
d) Project Charter
c) Contingency Plan
While managing inventory, you decide to avoid excessive holding costs but ensure products are available when needed.
Question: Which inventory management concept are you applying?
a) Just-in-time
b) Make-to-demand
c) Kiazen
d) Andon System
a) Just-in-time
A customer posts a complaint on social media about your company, and the issue quickly gathers public attention. You immediately respond, apologize, and provide a solution.
Which customer management strategy is demonstrated?
a) Customer Acquisition
b) Crisis Management
c) Social Media Marketing
d) After-Sales Service
b)Crisis Management
You visit a local store, and the salesperson offers you a 10% discount if you buy two additional products.
Question: Which pricing strategy is being used?
a) Promotional Pricing
b) Effective Pricing model
c)Customer Acquisition Cost
d) Bundle Pricing
d) Bundle Pricing
You are assigned as a project manager and the first step is to define the scope, objectives, and deliverables.
Question: Which phase of the project lifecycle are you working on?
a) Execution
b) Planning
c) Initiation
d) Monitoring and Control
c) Initiation
A retailer decides not to maintain an inventory ensures that products are available at its stores whenever needed.
Question: Which logistics strategy is being used?
a) Push Strategy
b) Pull Strategy
c) Cross-Docking
d) Vendor-Managed Inventory (VMI)
b) Pull Strategy
The sequence of a typical manufacturing supply chain is
a Storage-Supplier-manufacturing-storage-distributor-retailer-customer
b. Supplier-Storage-manufacturing-storage-distributor-retailer-customer
c. Supplier-Storage-manufacturing- distributor-storage-retailer-customer
d. Supplier-Storage-manufacturing-storage- retailer-distributor-customer
b. Supplier-Storage-manufacturing-storage-distributor-retailer-customer
A bakery produces loafs of bread every morning, and the same equipment is used to make pastries in the afternoon.
What type of production process is being used?
a) Continuous Production
b) Mass Production
c) Batch Production
d) Job Production
c) Batch Production
Which term best describes the process involving supplier selection, contract management with a view for organization’s strategic objectives?
A) Ordering
B) Purchasing
C) Procurement
D) Inventory Management
C) Procurement
A company experiences disruptions in its supply chain due to a natural disaster in a supplier's region.
Question: Which supply chain risk management strategy would best address such disruptions?
a) Buffer Stock
b) Dual Sourcing
c) ALT Sourcing
d) Outsourcing
b) Dual Sourcing
A car manufacturing plant ensures all processes are synchronized to utilize time efficiently and maintain a smooth workflow.
Question: What manufacturing concept is being applied?
a) Process Standardization
b) Line Balancing
c) Total Productive Maintenance (TPM)
d) Bottleneck Analysis
b) Line Balancing
A factory produces goods only when there is a confirmed customer order to avoid excess inventory.
Question: Which production strategy is being used?
a) Make-to-Stock (MTS)
b) Make-to-Order (MTO)
c) Assemble-to-Order (ATO)
d) Batch Production
b) Make-to-Order (MTO)
A company plans every step in its production process to identify and eliminate redundant activities.
Question: Which tool is being used?
a) Process Flowchart
b) Value Stream Mapping
c) Root Cause Analysis
d) Pareto Chart
b) Value Stream Mapping
Which of the following is an example of a real-life Six Sigma application?
a) A fast-food chain reducing its food wastage by optimizing ingredient portions based on customer orders.
b) A school changing its curriculum to add more practical courses.
c) A sports team analyzing player statistics to improve game strategies.
d) A travel agency expanding its destinations to offer more options for customers.
a) A fast-food chain reducing its food wastage by optimizing ingredient portions based on customer orders.
7. Your production process has a high defect rate. What quality management tool should you use to identify the root cause?*
a) Fishbone Diagram
b) Pareto Chart
c) Gantt Chart
d) Control Chart
a) Fishbone Diagram
What does the "Sort" step in the 5S methodology primarily focus on?
A) Creating standardized work procedures
B) Organizing tools and materials for efficiency
C) Elimination of unnecessary items from the workspace
D) Cleaning and inspecting equipment
C) Elimination of unnecessary items from the workspace
You notice that a supplier’s raw materials are consistently delivered late, causing production disruptions. You replace them with a supplier closer to your plant.
Question: What supply chain strategy are you implementing?
a) Supplier Rationalization
b) Vertical Integration
c) Supply Chain Diversification
d) Bulk Procurement
a) Supplier Rationalization
A furniture manufacturer follows the philosophy of continuous improvement by involving all employees in finding ways to enhance processes and efficiency.
a) Kaizen
b) Just-in-Time (JIT)
c) Total Quality Management (TQM)
d) Benchmarking
a) Kaizen
A cereal brand experiences a sudden spike in consumer demand, leading grocery stores to place larger orders. Wholesalers and manufacturers follow suit, resulting in excess stock when demand normalizes. What issue does this illustrate?
a) Demand forecasting error
b) Bullwhip effect
c) Supply chain bottleneck
d) Inventory mismanagement
b) Bullwhip effect