Question 1

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain disruptions?
(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) B) and E)
G) B) and D)

Question 2

Information technology is a key to integrating operations across global supply chains.

Accepted Answer

A) True 
 B)False

Question 3

Real-time information about product movement on store shelves could benefit from the use of:

Accepted Answer

A)   batch processing.
B)   economic order quantities.
C)   statistical process control.
D)   radio frequency identification tags.
E)   infrared remote scanners.F) B) and D)
G) B) and E)

Question 4

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Accepted Answer

A) True 
 B)False

Question 5

Our organization can obtain visibility to potential trading partners on the Internet by using:

Accepted Answer

A)   C2C websites.
B)   B2C enablers.
C)   B2B exchanges.
D)   C2B marketplaces.
E)   2BC commerce.F) B) and E)
G) D) and E)

Question 6

The purchasing cycle begins with:

Accepted Answer

A)   selecting a supplier.
B)   placing an order.
C)   evaluating potential vendors.
D)   conducting a value analysis.
E)   receiving a requisition.F) All of the above
G) A) and B)

Question 7

Forming strategic partnerships is beneficial for two or more business organizations that have the same products or services.

Accepted Answer

A) True 
 B)False

Exam 21: Supply Chain Management

Real-time information about product movement on store shelves could benefit from the use of:

Correct Answer
verified

Information technology is a key to integrating operations across global supply chains.

Correct Answer
verified

Our organization can obtain visibility to potential trading partners on the Internet by using:

Correct Answer
verified

The purchasing cycle begins with:

Correct Answer
verified

Forming strategic partnerships is beneficial for two or more business organizations that have the same products or services.

Correct Answer
verified

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

Correct Answer
verified

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Correct Answer
verified

Exam 21: Supply Chain Management

Real-time information about product movement on store shelves could benefit from the use of:

Correct AnswerverifiedShow Answer

Information technology is a key to integrating operations across global supply chains.

Correct AnswerverifiedShow Answer

Our organization can obtain visibility to potential trading partners on the Internet by using:

Correct AnswerverifiedShow Answer

The purchasing cycle begins with:

Correct AnswerverifiedShow Answer

Forming strategic partnerships is beneficial for two or more business organizations that have the same products or services.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified