1、Q. Which of the following are reasons for keeping inventory?

A. 3.56

B. 3.67

C. 4.56

D. 4.67

A. 　order processing, warehousing, inventory management, and transportation

B. 　order processing, quality control, and transportation

C. 　inventory management, quality control, order taking, and transportation

D. 　manufacturing, quality control, warehousing, and transportation

A. 　 10.72%

B. 0.1107

C. 0.117

D. 0.1205

A. 　The best management practice depends on the contexts in which the company operates.

B. 　The theory best fits when the company operates in the monopoly market.

C. 　The contextual variables only include technological factors while ignoring cultural factors.

D. 　The theory will lose its validity if the company’s environmental uncertainty increases.

A. 　Inspirational appeals

B. 　Organizational Politics

C. 　Passing the Buck

D. 　Self Defense

A. 　network economics

B. 　competitive forces

C. 　competitive advantage

D. 　demand control

A. 　Transaction Processing Systems

B. 　Supply Chain Management

C. 　Enterprise Resource Planning

D. 　Customer Relationship Management

A. 　line chart

B. 　pie chart

C. 　scatter char

D. 　bar chart

A. 　lower inventory costs

B. 　igher productivity

C. 　horter lead times

D. 　larger number of suppliers

A. 　As a classical theory, it explains four major processes of management.

B. 　Four managerial processes include ‘Planning-Organizing-Controlling-Internalizing’

C. 　Planning means a managerial process of establishing mission and goals, and formulating strategies.

D. 　Organizing means a managerial process of designing the rational organization structure.