AND ACTUAL DETAILED ANSWERS
2025-2026 SET.
Which of the following advantages is gained by a firm that has a multiple sourcing strategy? -
Answer risk is spread
Building relationships for key suppliers and preparing contingency plans in case of supply
interruptions is vital for products or services found in the: - Answer critical quadrant
One advantage of outsourcing is that it - Answer increases the company's access to state-of-
the-art products and processes.
_______________ refers to the broad set of activities carried out by organizations to analyze
sourcing opportunities, develop sourcing strategies, select suppliers, and carry out all the
activities required to procure goods and services. - Answer Supply management
A document that authorizes a supplier to deliver a product or service is known as - Answer a
purchase order
Depleting all of our natural resources this generation is considered sustainable. - Answer False
_______________ combines classic warehouse operations with light manufacturing and
packaging duties to allow firms to put off final assembly or packaging of goods until the last
possible moment. - Answer Postponement warehousing
Garments that are sewn overseas are shipped in containers to the Port of Seattle. These
containers are then loaded on rail to major centers in the United States only to be unloaded
onto semi trucks for delivery to the appropriate store.
This transportation solution is commonly referred to as - Answer multimodal
"A complete supply chain dedicated to the reverse flow of products and materials for the
purpose of returns, repair, remanufacture, and/or recycling" is the definition of - Answer
reverse logistics systems