Test Bank Procurement and Supply Chain Management 8th Edition By Arjan Van Weele, Frank Rozemeijer
TEST
Test Bank Procurement and Supply Chain Management 8th Edition By Arjan Van Weele, Frank Rozemeijer
,
,Name Clas Dat
: s: e:
Chapter 1 Introducing procurement
1. Which of the following is a definition of ‘components’?
a. Components are manufactured goods which will not undergo additional physical
changes, but which will be incorporated into a system with which there is a functional
relationship by joining it with other components.
b. Components are finished goods which will not undergo additional physical changes
before being purchased by consumers
c. Components are manufactured goods which will undergo additional physical changes
and which will be incorporated into a system.
d. Components are finished goods which will undergo additional physical changes and
will be incorporated into a system with which there is a functional relationship by
joining it with other components.
ANSWER: a
2. Which of the following is not a definition of ‘components’?
a. Components are manufactured goods which will not undergo additional physical
changes.
b. Components are finished goods which will not undergo additional physical changes
before being purchased by consumers
c. Components are manufactured goods which will not undergo additional physical
changes and which will be incorporated into a system.
d. Components are manufactured goods which will not undergo additional physical
changes and will be incorporated into a system with which there is a functional
relationship by joining it with other components.
ANSWER: b
3. Which of the following is not an explanation of ‘corporate social responsibility’?
a.Developing business solutions which do not harm the needs of future generations.
b.Focusing on profit maximisation regardless of its consequences.
c.Balancing the interests of customers, employees, the environment and its shareholders,
i.e. serving the needs of ‘people, planet, profit'.
d.Contributing to a better world, a better environment and better labour conditions.
ANSWER: b
4. Which of the following is a definition of cross-functional buying teams?
a. Generalists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
b. Specialists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
c. Generalists from user departments only are put together in teams to develop specific
sourcing and commodity strategies and plans.
d. Specialists from buyers only are put together in teams to develop specific sourcing and
commodity strategies and plans.
ANSWER: b
5. Which of the following is not a definition of cross-functional buying teams?
, Name Clas Dat
: s: e:
Chapter 1 Introducing procurement
a. Generalists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
b. Specialists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
c. Specialists from user departments and buyers are put together in teams.
d. Specialists from user departments and buyers develop specific sourcing strategies and
plans.
ANSWER: a
6. Which of the following explain a situation where the contractor designs and provides, in accordance with the client’s
requirements, plant and/or other Works?
a. P lan and Purchase
b. Construct Only
c. D esign and
Construct
d. Design Only
ANSWER: c
7. What is direct purchasing?
a. P urchasing of all materials and products that are used for manufacturing companies'
end products.
b. Purchasing directly from a retailer.
c. P urchasing with cash.
d. Outsourcing purchasing.
ANSWER: a
8. What is the DuPont analysis?
a.A case study of the DuPont organization.
b.A cosmetic testing process.
c.A financial diagnostic tool to calculate the company's return on investment based upon
sales margin and capital turnover ratio.
d.A tool used by the Boston consulting Group to identify market opportunities.
ANSWER: c
9. What is the DuPont analysis used for?
a. I t is used to assess the effect of a % purchasing saving on the company's return on
investment (ROI).
b. Predicting sales growth.
c. A nalysing stock market trends
d. Outsourcing purchasing.
ANSWER: a
10. What is Early Supplier Involvement (ESI)?
a.A situation where the supplier is involved by the buyer in an early stage of the new
TEST
Test Bank Procurement and Supply Chain Management 8th Edition By Arjan Van Weele, Frank Rozemeijer
,
,Name Clas Dat
: s: e:
Chapter 1 Introducing procurement
1. Which of the following is a definition of ‘components’?
a. Components are manufactured goods which will not undergo additional physical
changes, but which will be incorporated into a system with which there is a functional
relationship by joining it with other components.
b. Components are finished goods which will not undergo additional physical changes
before being purchased by consumers
c. Components are manufactured goods which will undergo additional physical changes
and which will be incorporated into a system.
d. Components are finished goods which will undergo additional physical changes and
will be incorporated into a system with which there is a functional relationship by
joining it with other components.
ANSWER: a
2. Which of the following is not a definition of ‘components’?
a. Components are manufactured goods which will not undergo additional physical
changes.
b. Components are finished goods which will not undergo additional physical changes
before being purchased by consumers
c. Components are manufactured goods which will not undergo additional physical
changes and which will be incorporated into a system.
d. Components are manufactured goods which will not undergo additional physical
changes and will be incorporated into a system with which there is a functional
relationship by joining it with other components.
ANSWER: b
3. Which of the following is not an explanation of ‘corporate social responsibility’?
a.Developing business solutions which do not harm the needs of future generations.
b.Focusing on profit maximisation regardless of its consequences.
c.Balancing the interests of customers, employees, the environment and its shareholders,
i.e. serving the needs of ‘people, planet, profit'.
d.Contributing to a better world, a better environment and better labour conditions.
ANSWER: b
4. Which of the following is a definition of cross-functional buying teams?
a. Generalists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
b. Specialists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
c. Generalists from user departments only are put together in teams to develop specific
sourcing and commodity strategies and plans.
d. Specialists from buyers only are put together in teams to develop specific sourcing and
commodity strategies and plans.
ANSWER: b
5. Which of the following is not a definition of cross-functional buying teams?
, Name Clas Dat
: s: e:
Chapter 1 Introducing procurement
a. Generalists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
b. Specialists from user departments and buyers are put together in teams to develop
specific sourcing and commodity strategies and plans.
c. Specialists from user departments and buyers are put together in teams.
d. Specialists from user departments and buyers develop specific sourcing strategies and
plans.
ANSWER: a
6. Which of the following explain a situation where the contractor designs and provides, in accordance with the client’s
requirements, plant and/or other Works?
a. P lan and Purchase
b. Construct Only
c. D esign and
Construct
d. Design Only
ANSWER: c
7. What is direct purchasing?
a. P urchasing of all materials and products that are used for manufacturing companies'
end products.
b. Purchasing directly from a retailer.
c. P urchasing with cash.
d. Outsourcing purchasing.
ANSWER: a
8. What is the DuPont analysis?
a.A case study of the DuPont organization.
b.A cosmetic testing process.
c.A financial diagnostic tool to calculate the company's return on investment based upon
sales margin and capital turnover ratio.
d.A tool used by the Boston consulting Group to identify market opportunities.
ANSWER: c
9. What is the DuPont analysis used for?
a. I t is used to assess the effect of a % purchasing saving on the company's return on
investment (ROI).
b. Predicting sales growth.
c. A nalysing stock market trends
d. Outsourcing purchasing.
ANSWER: a
10. What is Early Supplier Involvement (ESI)?
a.A situation where the supplier is involved by the buyer in an early stage of the new
