TLMT313 W1| Week 1: The Silk Road
Question and answers verified to pass
2026
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - correct answer TRUE
Building Trust, Shared Vision and Objectives, Personal Relationships, Mutual Benefits and Needs are key
factors that contribute to a lasting supplier partnership. - correct answer FALSE
A SRM strategy refers to a situation wherein a supplier's employee is permanently housed in the
purchasing department of the buyer's organization. - correct answer FALSE
There is a definitive and prescriptive set of supply chain measures that result in one best way to
measure supply chain performance. - correct answer FALSE
Environmental and social impacts are considered outside of supply chain management. - correct answer
FALSE
If a company is effectively focusing on its core competencies, its level of outsourcing is likely to increase.
- correct answer TRUE
In order to provide more comprehensive delivery service, some freight-only airlines have invested in
developing their own motor carrier fleets to provide full door to door service delivery. - correct answer
TRUE
Procurement credit cards or corporate purchasing cards (P-cards) can be used for small purchases.. -
correct answer TRUE
Question and answers verified to pass
2026
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - correct answer TRUE
Building Trust, Shared Vision and Objectives, Personal Relationships, Mutual Benefits and Needs are key
factors that contribute to a lasting supplier partnership. - correct answer FALSE
A SRM strategy refers to a situation wherein a supplier's employee is permanently housed in the
purchasing department of the buyer's organization. - correct answer FALSE
There is a definitive and prescriptive set of supply chain measures that result in one best way to
measure supply chain performance. - correct answer FALSE
Environmental and social impacts are considered outside of supply chain management. - correct answer
FALSE
If a company is effectively focusing on its core competencies, its level of outsourcing is likely to increase.
- correct answer TRUE
In order to provide more comprehensive delivery service, some freight-only airlines have invested in
developing their own motor carrier fleets to provide full door to door service delivery. - correct answer
TRUE
Procurement credit cards or corporate purchasing cards (P-cards) can be used for small purchases.. -
correct answer TRUE
