BCOR 360 Exam 2 Test Questions and Answers Graded A+
What are the five activities of the SCOR model? Plan, Source, Make, Deliver, Return
a. Obtaining the right material
Which of the following is a "right" in the less formal defi- b. In the right quantity
nition of purchasing? c. At the right time
d. For delivery to the right place
During WWII, increased the emphasis on
Materials shortages
purchasing.
Purchasing savings can have a huge impact on the firm's
true
profit leverage.
During which era did outsourcing make purchasing
c. Strategic era
strategic?
a.. Is used to segment purchases
b. Is widely used in practice
The strategic sourcing matrix:
c. Considers the importance of the category and the com-
plexity of the market to classify purchases
b. A buyer's dream
Leverage purchases:
c. Your best opportunity to really save money
Bottleneck buys: b. Are diflcult to manage because there are few options
A purchase where there are a large number of competitive
suppliers and you buy a fairly large amount relative to the a. Leverage
market would most likely be classified as:
Critical items (on the strategic sourcing matrix) are: a. Also called strategic items
Which of the following is not a step in the strategic sourc-
b. Plan
ing process?
Supplier segmentation using the strategic sourcing ma-
trix occurs during which step of the strategic sourcing a. Analyze
process?
1/5
, BCOR 360 Exam 2 Test Questions and Answers Graded A+
During which step of the strategic sourcing process would
. Source
you identify potential suppliers?
When it comes to negotiations, it is important to know
a. Knowledge is power
that:
During which step of the strategic sourcing process do
e. Procure
you actual purchase items you have contracted for?
A strategic alliance is most likely in which spend category? d. Critical
b. To utilize the supplier's innovative ideas
Reasons for early supplier involvement is: c. Because the most cost and functionality is determined
during design.
a. Providing feedback on feasibility of materials and
processes
Potential supplier contributions from ESI include: b. Suggesting alternatives
c. Improve cost
d. Improve lead time
a. Consolidated to a single source
In its relationship with Gordon Foods, Bob Evans did
c. Gave the drivers access to the restaurants at night for
which of the following?
delivery when no one else was there.
b. You share information on your plans with the supplier
As part of supplier integration:
c. You communicate seamlessly
Multi-criteria analysis is a tool that helps you compare
"distinctly ditterent" options. True
TrueFalse
Which of the following is not one of the four reasons to
a. Comprehensiveness
include a multi-criteria analysis in your toolkit?
Which step in the process helps you determine how im-
b. Set weights
portant each criterion is?
True
2/5
What are the five activities of the SCOR model? Plan, Source, Make, Deliver, Return
a. Obtaining the right material
Which of the following is a "right" in the less formal defi- b. In the right quantity
nition of purchasing? c. At the right time
d. For delivery to the right place
During WWII, increased the emphasis on
Materials shortages
purchasing.
Purchasing savings can have a huge impact on the firm's
true
profit leverage.
During which era did outsourcing make purchasing
c. Strategic era
strategic?
a.. Is used to segment purchases
b. Is widely used in practice
The strategic sourcing matrix:
c. Considers the importance of the category and the com-
plexity of the market to classify purchases
b. A buyer's dream
Leverage purchases:
c. Your best opportunity to really save money
Bottleneck buys: b. Are diflcult to manage because there are few options
A purchase where there are a large number of competitive
suppliers and you buy a fairly large amount relative to the a. Leverage
market would most likely be classified as:
Critical items (on the strategic sourcing matrix) are: a. Also called strategic items
Which of the following is not a step in the strategic sourc-
b. Plan
ing process?
Supplier segmentation using the strategic sourcing ma-
trix occurs during which step of the strategic sourcing a. Analyze
process?
1/5
, BCOR 360 Exam 2 Test Questions and Answers Graded A+
During which step of the strategic sourcing process would
. Source
you identify potential suppliers?
When it comes to negotiations, it is important to know
a. Knowledge is power
that:
During which step of the strategic sourcing process do
e. Procure
you actual purchase items you have contracted for?
A strategic alliance is most likely in which spend category? d. Critical
b. To utilize the supplier's innovative ideas
Reasons for early supplier involvement is: c. Because the most cost and functionality is determined
during design.
a. Providing feedback on feasibility of materials and
processes
Potential supplier contributions from ESI include: b. Suggesting alternatives
c. Improve cost
d. Improve lead time
a. Consolidated to a single source
In its relationship with Gordon Foods, Bob Evans did
c. Gave the drivers access to the restaurants at night for
which of the following?
delivery when no one else was there.
b. You share information on your plans with the supplier
As part of supplier integration:
c. You communicate seamlessly
Multi-criteria analysis is a tool that helps you compare
"distinctly ditterent" options. True
TrueFalse
Which of the following is not one of the four reasons to
a. Comprehensiveness
include a multi-criteria analysis in your toolkit?
Which step in the process helps you determine how im-
b. Set weights
portant each criterion is?
True
2/5
