LSC PREPARATION TEST 2026 QUESTIONS
AND CORRECT ANSWERS GRADED A+
● business analytics. Answer: The use of current business data to solve
business problems using mathematical analysis.
● effectiveness. Answer: Doing the right things to create the most value
for the company.
● efficiency. Answer: Doing something at the lowest possible cost.
● mass customization. Answer: Producing products exactly to a
particular customer's requirements.
● operations and supply chain management(OSCM). Answer: Design,
operation, and improvement of the systems that create and deliver the
firm's primary products and services.
● process. Answer: Made up of one or more activities that transform
inputs into outputs.
● product-service bundling. Answer: Building service activities into a
firm's product offerings to create more value for the customers.
AND CORRECT ANSWERS GRADED A+
● business analytics. Answer: The use of current business data to solve
business problems using mathematical analysis.
● effectiveness. Answer: Doing the right things to create the most value
for the company.
● efficiency. Answer: Doing something at the lowest possible cost.
● mass customization. Answer: Producing products exactly to a
particular customer's requirements.
● operations and supply chain management(OSCM). Answer: Design,
operation, and improvement of the systems that create and deliver the
firm's primary products and services.
● process. Answer: Made up of one or more activities that transform
inputs into outputs.
● product-service bundling. Answer: Building service activities into a
firm's product offerings to create more value for the customers.
