OMGT 6753 MIDTERM EXAM
QUESTIONS AND ANSWERS
Supply chain managers make a conscious effort to manage three key outcomes in their
supply chains. What are the three?
A. Efficiency, effectiveness, and differentiation.
B. Distributors, customers, and retailers
C. Trucks, planes, and warehouses.
D. Risk, reward, and differentiation. - Correct Answers -A. Efficiency, effectiveness, and
differentiation.
According to Michael Porter, "the essence of strategy is being __________."
A. alive
B. integrated
C. profitable
D. unique - Correct Answers -D. unique
Heineken and Mother Earth brewing companies share similar products. According to the
Chapter 1 lectures, what then is the real difference between the two?
A. The kinds of beer they brew.
B. Geographic differences - complexity and length of the supply chain.
C. The ingredients for their products - quality and grade.
D. The regulations they face in the United States. - Correct Answers -B. Geographic
differences - complexity and length of the supply chain.
Which of the following is considered a major supply chain issue (or issues)?
A. Length of the supply chain.
B. Supply chain complexity.
C. Demand stability.
D. Product, information, relational and financial flows up and down the supply chain.
E. All of the above are major supply chain issues. - Correct Answers -E. All of the above
are major supply chain issues.
T/F: The challenge of strategic logistics today is to manage the entire logistics system in
a way that is less integrated and more functional - Correct Answers -False
QUESTIONS AND ANSWERS
Supply chain managers make a conscious effort to manage three key outcomes in their
supply chains. What are the three?
A. Efficiency, effectiveness, and differentiation.
B. Distributors, customers, and retailers
C. Trucks, planes, and warehouses.
D. Risk, reward, and differentiation. - Correct Answers -A. Efficiency, effectiveness, and
differentiation.
According to Michael Porter, "the essence of strategy is being __________."
A. alive
B. integrated
C. profitable
D. unique - Correct Answers -D. unique
Heineken and Mother Earth brewing companies share similar products. According to the
Chapter 1 lectures, what then is the real difference between the two?
A. The kinds of beer they brew.
B. Geographic differences - complexity and length of the supply chain.
C. The ingredients for their products - quality and grade.
D. The regulations they face in the United States. - Correct Answers -B. Geographic
differences - complexity and length of the supply chain.
Which of the following is considered a major supply chain issue (or issues)?
A. Length of the supply chain.
B. Supply chain complexity.
C. Demand stability.
D. Product, information, relational and financial flows up and down the supply chain.
E. All of the above are major supply chain issues. - Correct Answers -E. All of the above
are major supply chain issues.
T/F: The challenge of strategic logistics today is to manage the entire logistics system in
a way that is less integrated and more functional - Correct Answers -False
