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CSCP 5.0 Module 1 Sect B & C Flashcards | StudBud
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CSCP 5.0 Module 1 Sect B & C
CSCP 5.0 Module 1 Sect B & C
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1
One effective tool that can used in Influencing Demand activities is called:
Just In Time
Plan, Do, Check, Act
Sales and Operations Planning
Cycle Counting
2
"Strategic decision based on competition, perceived value, and brand identity" refers to:
Placement
Promotion
Product
Price
3
Demand Management is the function of recognizing all demands for goods & services to support the marketplace
True
False
4
Good principles for communicating demand include:
Tailor communications
Structure communications
Communicate soon
All of the above
5
Maturity occurs at the end of the life stages in Life Cycle Management
True
False
6
The capacity strategy that provides necessary capacity to meet peak demand at any time is called:
Fixed high capacity
Highly variable capacity
Moderately variable capacity
Fixed average capacity
7
Which Law states that as the price of a good/service increases, the demand will decrease?
Law of Demand
Marginal Analysis
Law of Supply
Law of Supply and Demand