This has list of topic for preparing for SMR module of CPIM certification.
APICS CPIM study notes SMR module More CPIM & CSCP study materials include : CPIM study notes for all 5 modules DATACHEM CSCP learning system cscp datachem Exam software for sample…Full description
APICS CPIM study notes ECO module More CPIM & CSCP study materials include : CPIM study notes for all 5 modules DATACHEM CSCP learning system cscp datachem Exam software for sample test ...
APICS CPIM study notes ECO module More CPIM & CSCP study materials include : CPIM study notes for all 5 modules DATACHEM CSCP learning system cscp datachem Exam software for sample test ...
Strategic Management of JetBlue
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Strategies exist at several levels in an organisation and can range from the overall business or group of businesses through to the individual employees.This is a short look at the importanc…Full description
The following research is an example of Quantitative research intended to measure the functions of the Human Resources department of “Standalone,” owner operated and branded (Franchise-Ma…Full description
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Management strategic
CHapter 10 questions/answersFull description
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mba semester 3 notes of strategic managementFull description
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Chapter 8 questions/answers
Strategic Management of Resources (SMR) Free Exam Practice Questions
1) Rivalry is generally strong when …
Costs to switch brands are high
Buyer demand is growing fast
Competing products are weakly differentiated
There are only a few sellers in the market
1) Rivalry is generally strong when …
Costs to switch brands are high
Buyer demand is growing fast
Competing products are weakly differentiated
There are only a few sellers in the market
Explanation
Weakly differentiated products generally cause high levels of competition due to low numbers of differentiator di fferentiators. s.
2) What is the yearly inventory turnover rate in a company that has a sales revenue of $900.000, cost of goods sold equal to $520.000, and an average inventory value of 60.000?
6.33
15
1.73
8.67
2) What is the yearly inventory turnover rate in a company that has a sales revenue of $900.000, cost of goods sold equal to $520.000, and an average inventory value of 60.000?
6.33
15
1.73
8.67
Explanation
The Inventory turnover rate is a measure of the number of times inventory is turned over in a period of time. It is calculated by dividing the cost of goods sold by the average inventory value.
3) Which of the following is true when a company is primarily focusing on performance improvement of order qualifiers?
The company will not achieve significant improvements in competitiveness
The company will assure its competitive position in the market
The company is following a future prove strategy
The company will improve its financial performance
3) Which of the following is true when a company is primarily focusing on performance improvement of order qualifiers?
The company will not achieve significant improvements in competitiveness
The company will assure its competitive position in the market
The company is following a future prove strategy
The company will improve its financial performance
Explanation
Order qualifiers represent the characteristics a product or business must demonstrate in order to be a viable competitor in the market. Features that significantly improve competitiveness are however called order winners.
4) How is the process called when a car manufacturer is acquiring a car dealership?
Backward integration
Diversification
Forward integration
Deconsolidation
4) How is the process called when a car manufacturer is acquiring a car dealership?
Backward integration
Diversification
Forward integration
Deconsolidation
Explanation
Forward integration is a form of vertical integration whereby a business bu siness acquires the channels of distribution of its products.
5) Which of the following is not included in the profit and loss statement?
Sales revenue
Cashflow
Costt of goo Cos goods ds sol sold d
Tax
5) Which of the following is not included in the profit and loss statement?
Sales revenue
Cashflow
Costt of goo Cos goods ds sol sold d
Tax
Explanation A Profit and Loss or income statement measures a company’s sales and expenses over a
specified period. It typically includes Sales revenue, cost of goods sold as well as tax. Cash flow, on the other hand, is generally not part of the P&L statement but part of the cash flow statement.
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