SCM FINAL 2026 EXAM QUESTIONS
AND ANSWERS | 100% PASS
With regard to the cost-based price model of negotiation strategy, which of
the following is true?
a. Prices float based on what the customer is willing to pay.
b. Prices are based in some way upon market standards agreed to by both
vendor and purchaser.
c. Potential vendors each submit quotations as to price, delivery, and so
on.
d. Prices are based upon vendor costs. - 🧠ANSWER ✔✔d
The term vertical integration means to
,a. develop the ability to produce products that complement or supplement
the original product.
b. develop the ability to produce the specified good more efficiently.
c. produce goods or services previously purchased.
d. sell all products to every member of your customer chain simultaneously.
- 🧠ANSWER ✔✔c
Which of the following is a reason for making a component rather than
buying it?
a. inadequate capacity
b. ensure alternate sources
c. obtain desired quality
d. obtain technical or managerial ability - 🧠ANSWER ✔✔c
The advantage of many potential suppliers is their willingness to
a. provide technical expertise.
, b. lower prices in the short term.
c. provide innovations.
d. participate in JIT. - 🧠ANSWER ✔✔b
Trucking
a. is the fastest growing mode of shipping.
b. is one of the least flexible transportation methods.
c. is increasingly using computers to manage its operations.
d. is the least used transport of manufacturing goods. - 🧠ANSWER ✔✔c
Airfreight
a. is the fastest-growing mode of shipping.
b. represents only about 10% of the tonnage shipped in the United States.
c. is the oldest means of freight transportation.
d. is the best way to transport natural gas. - 🧠ANSWER ✔✔a
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
AND ANSWERS | 100% PASS
With regard to the cost-based price model of negotiation strategy, which of
the following is true?
a. Prices float based on what the customer is willing to pay.
b. Prices are based in some way upon market standards agreed to by both
vendor and purchaser.
c. Potential vendors each submit quotations as to price, delivery, and so
on.
d. Prices are based upon vendor costs. - 🧠ANSWER ✔✔d
The term vertical integration means to
,a. develop the ability to produce products that complement or supplement
the original product.
b. develop the ability to produce the specified good more efficiently.
c. produce goods or services previously purchased.
d. sell all products to every member of your customer chain simultaneously.
- 🧠ANSWER ✔✔c
Which of the following is a reason for making a component rather than
buying it?
a. inadequate capacity
b. ensure alternate sources
c. obtain desired quality
d. obtain technical or managerial ability - 🧠ANSWER ✔✔c
The advantage of many potential suppliers is their willingness to
a. provide technical expertise.
, b. lower prices in the short term.
c. provide innovations.
d. participate in JIT. - 🧠ANSWER ✔✔b
Trucking
a. is the fastest growing mode of shipping.
b. is one of the least flexible transportation methods.
c. is increasingly using computers to manage its operations.
d. is the least used transport of manufacturing goods. - 🧠ANSWER ✔✔c
Airfreight
a. is the fastest-growing mode of shipping.
b. represents only about 10% of the tonnage shipped in the United States.
c. is the oldest means of freight transportation.
d. is the best way to transport natural gas. - 🧠ANSWER ✔✔a
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
