P&SCM test questions lecture 3

 Question 1
1 out of 1 points

The key ingredients of the strategic sourcing process are pre-selection, selection,
and ongoing evaluation and monitoring.

Selected Answer: True
Answers: True
False
Response Feedback: 31-2, figure 2.2, 32-1, 32-2
 Question 2
1 out of 1 points

A straight repurchase involves less risk and newness than a modified repurchase.

Selected Answer: True
Answers: True
False
Response Feedback: 33-5/34-1, figure 2.4


 Question 3
1 out of 1 points

In all purchase situations, companies go through all stages of the stages of a
purchasing process.

Selected Answer: False
Answers: True
False
Response 34-3
Feedback:
Only when companies are “facing a new-purchase situation
where they have little experience with the supply market”.
 Question 4
1 out of 1 points

Selecting, specifying, contracting, ordering, expediting, evaluating is the right
order of stages in the purchasing process.

Selected Answer: False
Answers: True
False
Response 35, figure 2.5
Feedback:
Specifying, selecting, contracting, ordering, expediting,
evaluating.
 Question 5
1 out of 1 points