Question detail

QuickFix Repairs serves premium buyers while launching a product; the case evidence includes labour productivity of ?1,837, sales of 377 units, and a 42% 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 customer retention, suppliers 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 stakeholders and shareholders as identical and ignore the effect on suppliers.
  4. D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use supplier, supply chain to judge customer retention, suppliers impact, and the business objective in Suppliers, logistics and supply chains.

Explanation

This answer fits the scenario because Use supplier, supply chain to judge customer retention, suppliers impact, and the business objective in Suppliers, logistics and supply chains. The case evidence gives ?3,337, 377 units, and 42%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse stakeholders and shareholders, miss the suppliers, 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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