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  • Principles of Business Quiz 3 Form 4 - Name

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    yuvita prasad
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    This document contains a quiz on principles of business with 7 questions about logistics, supply chain management, transportation, outsourcing, and gaining competitive advantage. Students are asked to define key terms, state advantages and disadvantages, describe roles and differentiate between types of transport, define outsourcing, explain how logistics can provide competitive advantage, and identify problems in distribution and related resolution strategies. The quiz tests understanding of fundamental logistics and supply chain management concepts.

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    This document contains a quiz on principles of business with 7 questions about logistics, supply chain management, transportation, outsourcing, and gaining competitive advantage. Students are asked to define key terms, state advantages and disadvantages, describe roles and differentiate between types of transport, define outsourcing, explain how logistics can provide competitive advantage, and identify problems in distribution and related resolution strategies. The quiz tests understanding of fundamental logistics and supply chain management concepts.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    20 views2 pages

    Principles of Business Quiz 3 Form 4 - Name

    Uploaded by

    yuvita prasad
    This document contains a quiz on principles of business with 7 questions about logistics, supply chain management, transportation, outsourcing, and gaining competitive advantage. Students are asked to define key terms, state advantages and disadvantages, describe roles and differentiate between types of transport, define outsourcing, explain how logistics can provide competitive advantage, and identify problems in distribution and related resolution strategies. The quiz tests understanding of fundamental logistics and supply chain management concepts.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Principles of Business Quiz 3 Form 4_____ Name: _______________________________

    Answer ALL questions.

    1. Define Logistics and Supply Chain. (2 marks)

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    2. State 2 advantages and 2 disadvantages of supply chain. (4 marks)

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    3. What is the role of transport in marketing? (3 marks)

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    4. Differentiate between intermodal and multimodal transport. (2 marks)

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    5. What is outsourcing? (1 mark)

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    6. How can Logistics help a business gain competitive advantage? (2 marks)

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    7. State 2 problems when distributing goods and outline 2 strategies for resolving each. (6 marks)

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