- What is the primary benefit of digital supply chain management in e-commerce?A) Increased physical store locationsB) Enhanced visibility and real-time tracking of inventory and orders
C) Higher production costs
D) Reduced customer interaction
Answer: B) Enhanced visibility and real-time tracking of inventory and orders
- Which of the following technologies is commonly used to improve supply chain visibility in e-commerce?A) Enterprise Resource Planning (ERP) systemsB) Customer Relationship Management (CRM) systems
C) Internet of Things (IoT)
D) Financial Management Systems
Answer: C) Internet of Things (IoT)
- What role does ‘Blockchain Technology’ play in digital supply chains?A) It enhances the security and transparency of transactions and traceability of goodsB) It increases the cost of supply chain operations
C) It reduces the need for supplier contracts
D) It simplifies the manufacturing process
Answer: A) It enhances the security and transparency of transactions and traceability of goods
- Which of the following is a key feature of an ‘Omni-Channel Supply Chain’ in e-commerce?A) Multiple, disconnected sales channelsB) Integrated and seamless experience across all sales channels and touchpoints
C) Focus solely on physical retail locations
D) Manual inventory management
Answer: B) Integrated and seamless experience across all sales channels and touchpoints
- What is ‘Demand Forecasting’ in the context of e-commerce?A) Predicting future sales and inventory needs based on historical data and market trendsB) Estimating production costs
C) Calculating shipping times
D) Managing supplier relationships
Answer: A) Predicting future sales and inventory needs based on historical data and market trends
- Which e-commerce strategy focuses on personalizing the customer experience through digital interactions?A) Multi-Channel StrategyB) Omni-Channel Strategy
C) Personalized Marketing Strategy
D) Supply Chain Optimization Strategy
Answer: C) Personalized Marketing Strategy
- What is ‘Drop Shipping’ in e-commerce?A) A method where the retailer does not keep products in stock but transfers customer orders directly to the supplier for fulfillmentB) A technique for improving warehouse storage
C) A process for managing supplier contracts
D) A strategy for increasing product prices
Answer: A) A method where the retailer does not keep products in stock but transfers customer orders directly to the supplier for fulfillment
- Which technology enables real-time tracking and monitoring of goods in a digital supply chain?A) Geographic Information Systems (GIS)B) Radio Frequency Identification (RFID)
C) Supply Chain Management (SCM) Software
D) Predictive Analytics
Answer: B) Radio Frequency Identification (RFID)
- What is the main advantage of ‘Automated Warehousing’ in digital supply chains?A) Increased labor costsB) Reduced efficiency and speed in order processing
C) Enhanced accuracy, speed, and cost-effectiveness in handling inventory
D) Greater complexity in inventory management
Answer: C) Enhanced accuracy, speed, and cost-effectiveness in handling inventory
- How does ‘Artificial Intelligence (AI)’ contribute to e-commerce and digital supply chains?A) By increasing manual data entry tasksB) By providing predictive analytics, automation, and improved decision-making capabilities
C) By limiting customer interactions
D) By reducing digital data security
Answer: B) By providing predictive analytics, automation, and improved decision-making capabilities