Podcast
Questions and Answers
What is one of the negative consequences for a business if it runs out of stock?
What is one of the negative consequences for a business if it runs out of stock?
- Decreased customer satisfaction (correct)
- Increased customer loyalty
- Improved brand reputation
- Higher profit margins
Why has there been an increased interest in logistics and supply chain management practices?
Why has there been an increased interest in logistics and supply chain management practices?
- To reduce costs and increase profitability (correct)
- To increase customer demand
- To expand into new markets
- To improve employee satisfaction
Which industry is mentioned as an example of the significance of supply chain management?
Which industry is mentioned as an example of the significance of supply chain management?
- Hospitality industry (correct)
- Technology industry
- Retail industry
- Manufacturing industry
What is one of the challenges faced by hotel companies in relation to supply chain management?
What is one of the challenges faced by hotel companies in relation to supply chain management?
What is one of the factors that determine the performance of logistics and supply chain management practices?
What is one of the factors that determine the performance of logistics and supply chain management practices?
Which industry is mentioned as an example of the significance of supply chain management?
Which industry is mentioned as an example of the significance of supply chain management?
What is one of the challenges faced by hotel companies in relation to supply chain management?
What is one of the challenges faced by hotel companies in relation to supply chain management?
What is one of the negative consequences for a business if it runs out of stock?
What is one of the negative consequences for a business if it runs out of stock?
What is one of the factors that determine the performance of logistics and supply chain management practices?
What is one of the factors that determine the performance of logistics and supply chain management practices?
Why has there been an increased interest in logistics and supply chain management practices?
Why has there been an increased interest in logistics and supply chain management practices?
Flashcards are hidden until you start studying
