MAR 3203 EXAM 4 UCF
Study online at https://quizlet.com/_hq9x2s
1. What type of negotiation strategy is based on published, auction, or indexed
prices?: market-based price model
2. A supply chain ends with: a satisfied customer.
3. What is transferring a firm's activities that have traditionally been internal to
external suppliers?: outsourcing
4. The advantage of having few suppliers is to: form a long-term relationship.
5. With regard to the cost-based price model negotiation strategy, which of the
following is true?: Prices are based upon supplier costs.
6. Which of the following statements is TRUE?
a. When multiple suppliers are used, having geographically dispersed suppliers
could lessen the probability of all failing simultaneously.
b. It is usually less risky to use single suppliers rather than multiple suppliers.
c. When multiple suppliers are used, having geographically centralized suppli-
ers could lessen the probability of all failing simultaneously.
d. The risk mitigation effectiveness of using multiple suppliers has nothing to
do with the probability of a super-event occurring.: When multiple suppliers are used, having
geographically dispersed suppliers could lessen the probability of all failing simultaneously.
7. Which of the following is NOT one of the major causes of the bullwhip
effect?: shared demand information.
8. What term is used to describe the outsourcing of logistics?: Third Party Logistics
9. The transfer of some of what are traditional internal activities and resources
of a firm to outside vendors is __________.: Outsourcing.
10. Which one of the following distribution systems offers quickness and relia-
bility when emergency supplies are needed overseas?: airfreight
11. The trucking industry is establishing Web sites, which let shippers and truck-
ers find each other in order to ________.: improve logistics efficiency
12. A furniture maker has delivered a dining set to the end consumer rather than
to the furniture store. The furniture maker is practicing __________.: drop shipping
1/3
Study online at https://quizlet.com/_hq9x2s
1. What type of negotiation strategy is based on published, auction, or indexed
prices?: market-based price model
2. A supply chain ends with: a satisfied customer.
3. What is transferring a firm's activities that have traditionally been internal to
external suppliers?: outsourcing
4. The advantage of having few suppliers is to: form a long-term relationship.
5. With regard to the cost-based price model negotiation strategy, which of the
following is true?: Prices are based upon supplier costs.
6. Which of the following statements is TRUE?
a. When multiple suppliers are used, having geographically dispersed suppliers
could lessen the probability of all failing simultaneously.
b. It is usually less risky to use single suppliers rather than multiple suppliers.
c. When multiple suppliers are used, having geographically centralized suppli-
ers could lessen the probability of all failing simultaneously.
d. The risk mitigation effectiveness of using multiple suppliers has nothing to
do with the probability of a super-event occurring.: When multiple suppliers are used, having
geographically dispersed suppliers could lessen the probability of all failing simultaneously.
7. Which of the following is NOT one of the major causes of the bullwhip
effect?: shared demand information.
8. What term is used to describe the outsourcing of logistics?: Third Party Logistics
9. The transfer of some of what are traditional internal activities and resources
of a firm to outside vendors is __________.: Outsourcing.
10. Which one of the following distribution systems offers quickness and relia-
bility when emergency supplies are needed overseas?: airfreight
11. The trucking industry is establishing Web sites, which let shippers and truck-
ers find each other in order to ________.: improve logistics efficiency
12. A furniture maker has delivered a dining set to the end consumer rather than
to the furniture store. The furniture maker is practicing __________.: drop shipping
1/3
