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DSC2006 Unofficial Mid-Term Mock Test

DSC2006 Unofficial Mid-Term Mock Test 2010/11 Semester 2 Select the best answer 1. Business organizations consist of three major functions which, ideally: a) support one another b) are mutually exclusive c) exist independently of each other d) function independently of each other e) do not interface with each other 2. Revenue management is concerned with: a) a process designed to determine the best use of funds generated through sales. b) the use of marketing tools to increase revenue. c) the use of accounting tools to monitor cash flow. d) the use of pricing to increase the profit generated from a limited supply of supply chain assets. e) the appropriate use of operational tools to improve operational efficiency with a view…