Certified Supply Chain Professional (CSCP) Practice Exam

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Prepare for the Certified Supply Chain Professional Exam with a comprehensive quiz featuring multiple choice questions and essential study material. Gain the knowledge and confidence needed to excel in your certification journey!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Which of the following is an example of a process change cost?

Utilities
Product development
Raw materials
Transportation

The correct answer is: Product development

Product development is indeed an example of a process change cost because it involves the resources, time, and expenses associated with improving or modifying a process. Engaging in product development often requires investments in research and development, prototyping, and testing, which are all costs incurred to enhance or create new processes or product offerings. This aspect of process change costs is critical as organizations seek to innovate and stay competitive. Effective product development can lead to more efficient processes, reduced waste, improved product quality, and ultimately, better market positioning. Overall, recognizing product development as a process change cost emphasizes its significance in the broader context of supply chain management and operational efficiency.