Free L4M2 – Defining Business Needs Practice Test Question

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Showing 1–3 of 10 questions

Question 1

Which of the following problems may be identified as closed problems? Select TWO that apply:

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    A cyber attack takes down whole company’s IT system

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    Shortage of key medicines in healthcare industry

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    There are not enough data for procurement analytics

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    Logistics costs incur a large portion in wholesale prices

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    The suppliers don’t comply with the company’s policy on underage labour.

Question 2

Which of the following activities are considered as primary activities of an organization according to Porter's value chain? Select TWO that apply:

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    Maintenance

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    Picking and delivery components

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    Sourcing transportation services

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    Trainees recruitment

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    Assembly design

Question 3

Which kind of these following costs belong to fixed costs? Select TWO that apply.

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    Energy consumption in manufacturing

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    The annual income tax charged by local authorities

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    The packaging and distribution costs

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    The depreciation of capital inputs

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    The costs of leasing or purchasing capital equipment