SCM 309 Midterm Exam Questions &
Answers (Grade A+)
The primary goal of Supplier Relation Management is to: -
correct answer ✅Continuously improve performance
Supplier selection criteria include quantitative and qualitative
aspects to be considered. Identify from the list which one is a
quantitative criterion. -
correct answer ✅Cost
In terms of Supplier Segmentation (Pareto Classification, 5- year, 1)
-
correct answer ✅Pareto Class A
A transactional relationship is all the following except: -
correct answer ✅Supplier Base is small
A strategic alliance relationship is all the following except: -
correct answer ✅The duration of the relationship is short
Strategic alliances utilize a ____ amount of resources and they ____
-
correct answer ✅high; selectively
, SCM 309 Midterm Exam Questions &
Answers (Grade A+)
Which of the following is NOT important in developing a successful
strategy -
correct answer ✅Developing efficient
The Supplier Evaluation process -
correct answer ✅complex; multiple
The goal of a good performance evaluation system is to provide
metric -
correct answer ✅Understandable, easy to measure, focused on
value-added results
When using a Weighted Criteria Evaluation System to evaluate
suppliers, all of the following are true EXCEPT: -
correct answer ✅Select the key dimensions
An organization's process for evaluating the quality systems -
correct answer ✅Supplier Certification
The benefit of implementing an effective supplier certification.... all
the following except -
correct answer ✅Increasing Supplier base
Answers (Grade A+)
The primary goal of Supplier Relation Management is to: -
correct answer ✅Continuously improve performance
Supplier selection criteria include quantitative and qualitative
aspects to be considered. Identify from the list which one is a
quantitative criterion. -
correct answer ✅Cost
In terms of Supplier Segmentation (Pareto Classification, 5- year, 1)
-
correct answer ✅Pareto Class A
A transactional relationship is all the following except: -
correct answer ✅Supplier Base is small
A strategic alliance relationship is all the following except: -
correct answer ✅The duration of the relationship is short
Strategic alliances utilize a ____ amount of resources and they ____
-
correct answer ✅high; selectively
, SCM 309 Midterm Exam Questions &
Answers (Grade A+)
Which of the following is NOT important in developing a successful
strategy -
correct answer ✅Developing efficient
The Supplier Evaluation process -
correct answer ✅complex; multiple
The goal of a good performance evaluation system is to provide
metric -
correct answer ✅Understandable, easy to measure, focused on
value-added results
When using a Weighted Criteria Evaluation System to evaluate
suppliers, all of the following are true EXCEPT: -
correct answer ✅Select the key dimensions
An organization's process for evaluating the quality systems -
correct answer ✅Supplier Certification
The benefit of implementing an effective supplier certification.... all
the following except -
correct answer ✅Increasing Supplier base
