Question detail

EcoWash serves local families while changing supplier; the case evidence includes gross profit margin of ?9,756, sales of 311 units, and a 7% change in costs or demand. Which option best applies Explain the benefits of effective supply chain management, including supplier coordination, value, reduced waste and faster production?

Try the question, check the answer, then read the explanation to understand the curriculum point.

At a glance

MCQ

Type

practice

Style

Topic

The role of procurement

Question

  1. A. Use supplier, supply chain to judge net profit margin, customers impact, and the business objective in Suppliers, logistics and supply chains.
  2. B. Give only a definition of The role of procurement without using the case evidence.
  3. C. Treat cash flow and profit as identical and ignore the effect on customers.
  4. D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use supplier, supply chain to judge net profit margin, customers impact, and the business objective in Suppliers, logistics and supply chains.

Explanation

Choose this response because Use supplier, supply chain to judge net profit margin, customers impact, and the business objective in Suppliers, logistics and supply chains. The case evidence gives ?11,256, 311 units, and 7%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse cash flow and profit, miss the customers, or ignore the business objective.

Common mistake

Suppliers, logistics and supply chains common mistake 1

Giving a vague answer instead of directly addressing: Explain the benefits of effective supply chain management, including supplier coordination, value, reduced waste and faster production..

Answer by clearly explaining how to explain the benefits of effective supply chain management, including supplier coordination, value, reduced waste and faster production..

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