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Multiple Choice Quiz 15
Multiple Choice Quiz 15
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Out of 15 questions, you answered 6 correctly with a final grade of 40%
Chapter 15
6 correct (40%)
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Multiple Choice Quiz 9 incorrect (60%)
More Resources 0 unanswered (0%)
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The correct answer for each question is indicated by a .
B) accounting
C) marketing
D) receiving
3 Companies should formulate ethical supply chain codes that cover such issues as the:
INCORRECT
A) product cost.
B) payment policies.
D) environment.
4 Relative to large firms, small businesses tend to be less effective at supply chain management, particularly with regard to:
INCORRECT
A) outsourcing.
B) fill rates.
C) risk management.
D) currency vulnerabilities
5 CORRECT Strategic sourcing differs from more traditional sourcing in that it emphasizes __________ rather than __________.
A) quality; flexibility
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D) global purchasing; local purchasing
6 CORRECT The term bullwhip effect is most closely related to:
A) assertive customers.
B) demand variations.
C) inventory turnover.
D) return of inventory.
E) inventory security.
7 Cross-docking results in cost savings associated with:
INCORRECT
A) dock space.
B) ordering goods.
C) cargo ships.
D) storage space.
E) downtime.
8 CORRECT Which one of these is not necessarily a requirement of effective supply chain management?
A) low cost
B) trust
C) event management
D) visibility
9 The term 3PL is most closely associated with
INCORRECT
A) outsourcing.
B) e-commerce.
C) learning curves.
D) mass customization.
E) cross-docking.
10 The letters RFID are most closely associated with
CORRECT
A) outsourcing.
B) tracking items.
C) cross-docking.
D) event management.
11 Which one of these would tend to lead to increased inventory costs?
CORRECT
A) disintermediation
B) delayed differentiation
C) cross-docking
D) bullwhip effect
12 Which one is not a reason for increased emphasis on supply chain management?
INCORRECT
A) increased levels of outsourcing
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C) delayed differentiation
B) delayed differentiation
C) disintermediation
D) gatekeeping
E) strategic partnering
15 Which one refers to reverse logistics?
INCORRECT
A) cross docking
B) delayed differentiation
D) returned goods
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