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Test Bank For Principles of Supply Chain Management: A Balanced Approach - 6th - 2023 All Chapters - 9780357715604

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Test Bank For Principles of Supply Chain Management: A Balanced Approach - 6th - 2023 All Chapters

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Uploaded on
September 25, 2024
Number of pages
178
Written in
2022/2023
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,Test Bank For Principles of Supply Chain Management 6th Edition
Chapter 1. Introduction to Supply Chain Management.


Chapter 1. Introduction to Supply Chain Management.
1. According to the textbook, a supply chain's end custom
According to the textbook, a supply chain's end customers are the only
true source of income for all supply chain organizations.

*a. True
b. False


2. According to the textbook, conditions which must be present for
According to the textbook, conditions which must be present for successful supply
chain management include:

*a. High level of trust among firms
b. Corporate contracts regarding performance expectations
c. Short-term company focused performance
d. Benchmarking


3. According to the textbook, environmental and social impacts are
According to the textbook, environmental and social impacts are
considered outside of supply chain management.

a. True
*b. False


4. According to the textbook, in the 1950s and 1960s, mass producti
According to the textbook, in the 1950s and 1960s, mass production
techniques focused on creating supplier partnerships, improving process
design and flexibility, and improving product quality.

a. True
*b. False


5. According to the textbook, supply chains include raw material su
According to the textbook, supply chains include raw material
suppliers, intermediate component manufacturers, end-product
manufacturers, wholesale distributors, retailers and end-product
consumers.

*a. True
b. False


6. According to the textbook, the keys to successful supply chain m
According to the textbook, the keys to successful supply chain
management include trust, cooperation, collaboration and honest,
accurate communications between supply chain partners.

*a. True
b. False



1

,Test Bank For Principles of Supply Chain Management 6th Edition
Chapter 1. Introduction to Supply Chain Management.



7. According to the textbook, the order of product and service flow
According to the textbook, the order of product and service flow is as follows:

a. Raw material supplier, retailer, component manufacturer,
wholesale distributor, end product manufacturer, end-product
consumer
b. Raw material supplier, component manufacturer, retailer,
wholesale distributor, end product manufacturer, end-product
consumer
c. Component manufacturer, raw material supplier, retailer,
wholesale distributor, end product manufacturer, end-product
consumer
*d. Raw material supplier, component manufacturer, end product
manufacturer, wholesale distributor, retailer, end-product
consumer


8. According to the text, the FOUR important elements of the supply
According to the text, the FOUR important elements of the supply chain are:

a. Purchasing, manufacturing, transportation, retail stores
*b. Supply, operations, logistics, integration
c. Purchasing, manufacturing, logistics, transportation
d. Supply, operations, manufacturing, distribution


9. According to the text, which of the following is considered a cu
According to the text, which of the following is considered a current trend in supply
chain management?

a. Outsourcing the CRM function
*b. Increasing supply chain visibility
c. Use of self-directed teams
d. None of these


10. An example of an internal or external event that causes a disrup
An example of an internal or external event that causes a disruption or failure of
supply chain operations is:

a. Supply chain risk
b. Back-shoring
c. Six Sigma quality management
*d. COVID-19 Pandemic


11. Briefly discuss three current trends in supply chain management:
Briefly discuss three current trends in supply chain management:

Correct Answer(s):




2

, Test Bank For Principles of Supply Chain Management 6th Edition
Chapter 1. Introduction to Supply Chain Management.


12. Briefly explain how technology has impacted supply chain managem
Briefly explain how technology has impacted supply chain management. Give three
examples.

Correct Answer(s):


13. Circular economy refers to an economic system aimed at eliminati
Circular economy refers to an economic system aimed at eliminating
waste and the continual use of resources.

*a. True
b. False


14. Customer relationship management, distribution network, transpor
Customer relationship management, distribution network, transportation
management, and service response logistics are all important issues that are most
closely related to:

a. Purchasing
*b. Logistics
c. Integration
d. Manufacturing


15. Developed in the 1990s as a popular way of developing radically
Developed in the 1990s as a popular way of developing radically new business
processes in an effort to reduce waste and increase performance is referred to as:

a. Process integration
b. Benchmarking
*c. Business process reengineering
d. Vertical integration


16. Discuss the differences between supply chain partnerships of the
Discuss the differences between supply chain partnerships of the past and those
that have developed today.

Correct Answer(s):


17. Draw a generic global supply chain and label all the participant
Draw a generic global supply chain and label all the participants.

Correct Answer(s):




3

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