BCOR 360 Exam 2 Test Questions and Answers Rated A
What are the five activities of the SCOR model? plan, source, make, deliver, return
Which of the following is a "right" in the less formal defi- Obtaining the right material; In the right quantity; At the
nitions of purchasing? right time; For delivery to the right place; All of the above
During WWII, increased the emphasis on pur-
Materials Shortages
chasing.
Purchasing savings can have a huge impact on the firm's
True
profit leverage.
During which era did outsourcing make purchasing
Strategic Era
strategic?
Is used to segment purchases; Is widely used in practice;
The strategic sourcing matrix: Considers the importance of the category and the com-
plexity of the market to classify purchases; All of the above
A buyer's dream; Your best opportunity to really save mon-
Leverage purchases:
ey; Only B and C
Bottleneck buys: Are diflcult to manage because there are few options.
A purchase where there are a large number of competitive
suppliers and you buy a fairly large amount relative to the Leverage
market would most likely be classified as:
Critical items (on the strategic sourcing matrix) are: Also called strategic items
Which of the following is not a step in the strategic sourc-
Plan
ing process?
Supplier segmentation using the strategic sourcing ma-
trix occurs during which step of the strategic sourcing Analyze
process?
During which step of the strategic sourcing process would
Source
you identify potential suppliers?
Knowledge is power
1/6
, BCOR 360 Exam 2 Test Questions and Answers Rated A
When it comes to negotiations, it is important to know
that:
during which step of the strategic sourcing process do you
Procure
actually purchase items you have contracted for?
A strategic alliance is most likely in which spend category? Critical
To utilize the supplier's innovative ideas; Because the most
Reasons for early supplier involvement is: cost and functionality is determined during design; Only
B and C
Providing feedback on feasibility of materials and process-
Potential supplier contributions from ESI include: es; Suggest alternatives; Improve cost; Improve lead time;
All of the above
Consolidated to a single source; Gave the drivers access to
In its relationship with Gordon Foods, Bob Evans did
the restaurants at night for delivery when no one else was
which of the following?
there; Only A and C
You share information on your plans with the supplier; You
As part of supplier integration:
communicate seamlessly; Only B and C
Multi-criteria analysis is a tool that helps you compare
True
"distinctly ditterent" options.
Which of the following is not one of the four reasons to
comprehensiveness
include a multi-criteria analysis in your toolkit?
Which step in the process helps you determine how im-
set weights
portant each criterion is?
To calculate results you multiply the score for each criteri-
True
on by the associated weight and add up the results.
Which step in the process asks you to fill in your compar-
Evaluate options
ison matrix?
It is not that important to the company's success to out-
source items that are not strategic to our success; Before
2/6
What are the five activities of the SCOR model? plan, source, make, deliver, return
Which of the following is a "right" in the less formal defi- Obtaining the right material; In the right quantity; At the
nitions of purchasing? right time; For delivery to the right place; All of the above
During WWII, increased the emphasis on pur-
Materials Shortages
chasing.
Purchasing savings can have a huge impact on the firm's
True
profit leverage.
During which era did outsourcing make purchasing
Strategic Era
strategic?
Is used to segment purchases; Is widely used in practice;
The strategic sourcing matrix: Considers the importance of the category and the com-
plexity of the market to classify purchases; All of the above
A buyer's dream; Your best opportunity to really save mon-
Leverage purchases:
ey; Only B and C
Bottleneck buys: Are diflcult to manage because there are few options.
A purchase where there are a large number of competitive
suppliers and you buy a fairly large amount relative to the Leverage
market would most likely be classified as:
Critical items (on the strategic sourcing matrix) are: Also called strategic items
Which of the following is not a step in the strategic sourc-
Plan
ing process?
Supplier segmentation using the strategic sourcing ma-
trix occurs during which step of the strategic sourcing Analyze
process?
During which step of the strategic sourcing process would
Source
you identify potential suppliers?
Knowledge is power
1/6
, BCOR 360 Exam 2 Test Questions and Answers Rated A
When it comes to negotiations, it is important to know
that:
during which step of the strategic sourcing process do you
Procure
actually purchase items you have contracted for?
A strategic alliance is most likely in which spend category? Critical
To utilize the supplier's innovative ideas; Because the most
Reasons for early supplier involvement is: cost and functionality is determined during design; Only
B and C
Providing feedback on feasibility of materials and process-
Potential supplier contributions from ESI include: es; Suggest alternatives; Improve cost; Improve lead time;
All of the above
Consolidated to a single source; Gave the drivers access to
In its relationship with Gordon Foods, Bob Evans did
the restaurants at night for delivery when no one else was
which of the following?
there; Only A and C
You share information on your plans with the supplier; You
As part of supplier integration:
communicate seamlessly; Only B and C
Multi-criteria analysis is a tool that helps you compare
True
"distinctly ditterent" options.
Which of the following is not one of the four reasons to
comprehensiveness
include a multi-criteria analysis in your toolkit?
Which step in the process helps you determine how im-
set weights
portant each criterion is?
To calculate results you multiply the score for each criteri-
True
on by the associated weight and add up the results.
Which step in the process asks you to fill in your compar-
Evaluate options
ison matrix?
It is not that important to the company's success to out-
source items that are not strategic to our success; Before
2/6
