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Doctors Medicines MCQs Q&A

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement: (I) Major companies are nowadays surviving because of the strong supply chain system. (II) Supply chain comprises of logistics, retailers and distributers. Conclusions: (I) Retailers play most important role because they interact with customers on first hand. (II) If an organization has strong logistics, then product can easily be available to the customers in such an era of competition.

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement: (I) Major companies are nowadays surviving because of the strong supply chain system. (II) Supply chain comprises of logistics, retailers and distributers. Conclusions: (I) Retailers play most important role because they interact with customers on first hand. (II) If an organization has strong logistics, then product can easily be available to the customers in such an era of competition. Correct Answer Only conclusion I follows

Strong supply chain system is responsible for survival of major companies. It has also been said that 3 things comprise of supply chain, logistics, retailers, distributors. The first conclusion follows as it explains the importance of retailers and how they contribute in the supply chain. The second conclusion cannot follow as it talks about 'competition', which has neither been mentioned neither can be inferred from the two statements. 

Related Questions

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if theyseem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement:
(I) Major companies are nowadays surviving because of the strong supply chain system.
(II) Supply chain comprises of logistics, retailers and distributers. Conclusions:
(I) Retailers play most important role because they interact with customers on first hand.
(II) If an organization has strong logistics, then product can easily be available to the customers in such an era of competition.
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