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Martin Christopher argues that Competitive Advantage is formed through the management of which THREE aspects?
A. Cost
B. Company
C. Competitors
D. Creditors
E. Customer
Answer: B,C,E
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Martin Christopher'sThree Cs modelemphasises achieving competitive advantage through balancing and managing theCompany,Customer, andCompetitors. These must be aligned to deliver superior value and sustained differentiation.
(Reference:CIPS L5M10 Study Guide, Christopher's Three Cs model, p. 59)
NEW QUESTION # 77
Omar is forecasting future demand. Normally he uses three years of sales data, but this year he's been asked to include data back to 2004. Which forecasting technique is he using?
A. Simple linear regression
B. Exponential smoothing technique
C. Time series method
D. Moving average technique
Answer: B
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Exponential smoothing gives progressively less weight to older data but uses the entire historical dataset to forecast future demand. Moving averages, by contrast, use a fixed number of recent periods. (Reference: CIPS L5M10 Study Guide, Demand forecasting methods, p. 157)
NEW QUESTION # 78
In which of the following circumstances would RFID tagsnotbe suitable for use?
A. To store data of fixed assets within a manufacturing unit
B. To collect data on items within metal storage units
C. To track movements of items around a distribution centre
D. To log how many times a book is signed out of a library
Answer: B
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
RFID signals cannot pass through metal or water, so items stored in metal containers or surrounded by liquids may not be detectable. (Active tags may improve range but not fully solve the problem.) (Reference: CIPS L5M10 Study Guide, RFID advantages and limitations, p. 85)
NEW QUESTION # 79
What is the purpose of the 'drop ship' customer fulfilment strategy? Select TWO.
A. To avoid import duty
B. To save time
C. To simplify billing
D. To reduce costs
Answer: B,D
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Drop shippingdelivers goods directly from the manufacturer or wholesaler to the customer, bypassing retailer warehouses. This savestime(faster delivery) andcost(less handling and storage). Billing remains unchanged; import duty avoidance is not a design aim.
(Reference:CIPS L5M10 Study Guide, Customer fulfilment strategies, p. 7)
NEW QUESTION # 80
RFID tags are commonly used in warehousing to improve speed and accuracy. Which of the following functions can RFID technology complete?
A. Track and trace
B. Demand planning
C. Logistics
D. Storage
Answer: A
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
RFIDenablesreal-time tracking and tracingof goods through automated scanning. Active tags continuously transmit location; passive tags activate upon scanning.
(Reference: CIPS L5M10 Study Guide, RFID applications in warehousing, p. 84)
NEW QUESTION # 81
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