1. MNP2601-24-S1
2. Welcome Message
3. Assessment 1
QUIZ
Assessment 1
Question 1
Probably the most important part that purchasing and supply management can play in
reducing total cost is to have long-term supplier relationships.
1.True
2.False
Question 2
A fixed long-term supplier relationships can hamper the organisation’s flexibility in
responding to changes in demand.
1.False
2.True
Question 3
Savings in purchasing and supply costs does not necessarily reflect in organisational
profit.
1.True
2.False
Question 4
The contribution of the supply chain in creating value lies in the maximisation of input
costs among others.
1.True
2.False
Question 5
Supply chains consist of multiple layers of organisations striving as a team to optimise
the shared supply chain processes.
1.True
2.False
2. Welcome Message
3. Assessment 1
QUIZ
Assessment 1
Question 1
Probably the most important part that purchasing and supply management can play in
reducing total cost is to have long-term supplier relationships.
1.True
2.False
Question 2
A fixed long-term supplier relationships can hamper the organisation’s flexibility in
responding to changes in demand.
1.False
2.True
Question 3
Savings in purchasing and supply costs does not necessarily reflect in organisational
profit.
1.True
2.False
Question 4
The contribution of the supply chain in creating value lies in the maximisation of input
costs among others.
1.True
2.False
Question 5
Supply chains consist of multiple layers of organisations striving as a team to optimise
the shared supply chain processes.
1.True
2.False
