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QUESTION NO: 1
What are the 6 rules for choosing the right measurements ?
Answer:
1 . Multiple measures are better than single
2 . Should provide a basis for decisions
3 . Immediately understandable
4 . Easily and correctly interpreted
5 . Economical to obtain and supply
6 . Must cause correct response from a strategic perspective
QUESTION NO: 2
Which of the following are approaches to cutting over to a new technology?
I. Big Bang Approach
II. Step Approach
III. Parallel
A. II & III Only
B. I, II, & III
C. I & III Only
D. I & II Only
Answer: B
Explanation: All of the following are approaches to cutting over to a new technology?
1 . Big Bang Approach
2 . Step Approach
3 . Parallel
QUESTION NO: 3
Which of the following is NOT a part of reverse logistics?
A. Customer Purchase
B. Customer Returns
C. Product Recall
D. Reusable containers
Answer: A
Explanation: Reverse logistics include anything going in reverse of normal product purchase process.
Reverse logistics include
1 . Customer returns
2 . Product recalls
3 . Re-usable containers
4 . Waste management
5 . Hazardous waste
QUESTION NO: 4
Which of the following are different types of stratagies?
I. Financial Strategy
II. Growth Strategy
III. Operations Strategy
IV. Marketing Strategy
A. I, III, & IV Only
B. I, II, III, & IV
C. I, II, & III Only
D. I, II, & IV Only
Answer: B
Explanation: All of the following are types of strategies
I. Financial Strategy
II. Growth Strategy
III. Operations Strategy
IV. Marketing Strategy
QUESTION NO: 5
The difference between risks and issues is that risks what?
A. Have not happened yet, but will guarantee happen in the future
B. Hurt the financials
C. May happen, but have not happened yet
D. Has already happened
Answer: C
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Updated: May 28, 2022