Question 1

Which of the following is an advantage of E-business?
(I)  reduction of transaction costs
(II)  shortened supply chain response time
(III)  greater customer loyalty

Accepted Answer

A)   I
B)   II
C)   I and II
D)   II and III
E)   I, II, and IIIF) B) and D)
G) A) and C)

Question 2

Gatekeeping manages the cost of shipping returned goods.

Accepted Answer

A) True 
 B)False

Question 3

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Accepted Answer

A) True 
 B)False

Question 4

Vendor analysis is the examination of the _________ of purchased materials.

Accepted Answer

A)   function
B)   source
C)   quality
D)   cycle
E)   quantityF) B) and E)
G) A) and B)

Question 5

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions?
(I)  fewer supply chain partners
(II)  a shorter supply chain
(III)  greater supply chain visibility

Accepted Answer

A)   I and II only
B)   II and III only
C)   I and III only
D)   I only
E)   I, II, and IIIF) A) and C)
G) C) and D)

Question 7

Outsourcing followed by __________ is not simple.

Accepted Answer

A)   integration
B)   unionization
C)   backsourcing
D)   computerization
E)   just-in-timeF) C) and E)
G) A) and B)

Question 8

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Accepted Answer

A)   lead time and on-time delivery
B)   reputation and financial stability
C)   value analysis
D)   quality and quality assurance
E)   flexibility of design changeF) A) and D)
G) A) and C)

Exam 15: Supply Chain Management

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions? (I) fewer supply chain partners (II) a shorter supply chain (III) greater supply chain visibility

Correct Answer
verified

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Correct Answer
verified

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Correct Answer
verified

Vendor analysis is the examination of the _________ of purchased materials.

Correct Answer
verified

Gatekeeping manages the cost of shipping returned goods.

Correct Answer
verified

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Correct Answer
verified

Outsourcing followed by __________ is not simple.

Correct Answer
verified

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Correct Answer
verified

Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty

Correct Answer
verified

Exam 15: Supply Chain Management

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions? (I) fewer supply chain partners (II) a shorter supply chain (III) greater supply chain visibility

Correct AnswerverifiedShow Answer

Which of the following is least likely to be a key consideration when a company chooses a supplier?

Correct AnswerverifiedShow Answer

The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

Correct AnswerverifiedShow Answer

Vendor analysis is the examination of the _________ of purchased materials.

Correct AnswerverifiedShow Answer

Gatekeeping manages the cost of shipping returned goods.

Correct AnswerverifiedShow Answer

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

Correct AnswerverifiedShow Answer

Outsourcing followed by __________ is not simple.

Correct AnswerverifiedShow Answer

Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

Correct AnswerverifiedShow Answer

Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified