IB 439 Exam UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Economy - CORRECT ANSWER In the EPIC model, what does "E" stand for?
Ownership - CORRECT ANSWER TCO is an important concept when discussing GLobal
Supply Chain management. What does the "O" stand for?
Expand Markets - CORRECT ANSWER Many companies first rush into a global supply chain
opportunity with a singular strategy to
Best in Class IT System - CORRECT ANSWER Which of the following is not considered a
necessary Best Practice for managing a complex global supply chain?
Japan - CORRECT ANSWER After WWII, this Asian country emerged as a major force in the
growing global supply chain
Canada - CORRECT ANSWER Sher-Wood Hockey Inc was based in this country
Outsource - CORRECT ANSWER According to the case, "As early as the 1980s western
sports equipment manufactures, such as Nike and Reebok, started to ___ the manufacture of sporting
goods, such as running shoes to Asia
Ukraine - CORRECT ANSWER Sherwood first outsources its lower end wooden model
hockey sticks to this country
R&D - CORRECT ANSWER After establishing a strong outsource manufacturer in China,
Sherwood was considering to use this offshore partner to support its important function
Sales - CORRECT ANSWER In the acronym "S&OP", the "S" stand for
Demand - CORRECT ANSWER in the acronym "DSI", the "D" stands for
, Sales/ Marketing/ R&D - CORRECT ANSWER In an enterprise, which group of functions
typically are responsible for Demand creation?
Top Leadership - CORRECT ANSWER In an enterprise following the Best DSI practices,
which function owns the DSI plan?
False - CORRECT ANSWER Typically, the CEO/ GM of an enterprise is extremely busy with
matters that span the entire organization. As result, they should not be integrated into the DSI at any
level of the process. True or False?
Supply Chain - CORRECT ANSWER the connected chain of all of the business entities, both
internal and external to the company, that perform or support the logistics function
Global Supply Chain - CORRECT ANSWER a network of a firm's outsourcing suppliers and
contractors
Process - CORRECT ANSWER any activity or group of activities that takes one or more
inputs, transforms them, and provides one or more outputs for its customers
Operation - CORRECT ANSWER a group of resources performing all or part of one or more
processes
Supply Chain Management - CORRECT ANSWER the process of turning inputs into outputs
People - CORRECT ANSWER key aspect often overlooks and under designed when
discussing supply chain management
Manufacturing Process - CORRECT ANSWER -Physical, durable output
-Output can be inventoried
-Low customer contact
-Long response time
-Capital intensive
QUESTIONS AND CORRECT ANSWERS
Economy - CORRECT ANSWER In the EPIC model, what does "E" stand for?
Ownership - CORRECT ANSWER TCO is an important concept when discussing GLobal
Supply Chain management. What does the "O" stand for?
Expand Markets - CORRECT ANSWER Many companies first rush into a global supply chain
opportunity with a singular strategy to
Best in Class IT System - CORRECT ANSWER Which of the following is not considered a
necessary Best Practice for managing a complex global supply chain?
Japan - CORRECT ANSWER After WWII, this Asian country emerged as a major force in the
growing global supply chain
Canada - CORRECT ANSWER Sher-Wood Hockey Inc was based in this country
Outsource - CORRECT ANSWER According to the case, "As early as the 1980s western
sports equipment manufactures, such as Nike and Reebok, started to ___ the manufacture of sporting
goods, such as running shoes to Asia
Ukraine - CORRECT ANSWER Sherwood first outsources its lower end wooden model
hockey sticks to this country
R&D - CORRECT ANSWER After establishing a strong outsource manufacturer in China,
Sherwood was considering to use this offshore partner to support its important function
Sales - CORRECT ANSWER In the acronym "S&OP", the "S" stand for
Demand - CORRECT ANSWER in the acronym "DSI", the "D" stands for
, Sales/ Marketing/ R&D - CORRECT ANSWER In an enterprise, which group of functions
typically are responsible for Demand creation?
Top Leadership - CORRECT ANSWER In an enterprise following the Best DSI practices,
which function owns the DSI plan?
False - CORRECT ANSWER Typically, the CEO/ GM of an enterprise is extremely busy with
matters that span the entire organization. As result, they should not be integrated into the DSI at any
level of the process. True or False?
Supply Chain - CORRECT ANSWER the connected chain of all of the business entities, both
internal and external to the company, that perform or support the logistics function
Global Supply Chain - CORRECT ANSWER a network of a firm's outsourcing suppliers and
contractors
Process - CORRECT ANSWER any activity or group of activities that takes one or more
inputs, transforms them, and provides one or more outputs for its customers
Operation - CORRECT ANSWER a group of resources performing all or part of one or more
processes
Supply Chain Management - CORRECT ANSWER the process of turning inputs into outputs
People - CORRECT ANSWER key aspect often overlooks and under designed when
discussing supply chain management
Manufacturing Process - CORRECT ANSWER -Physical, durable output
-Output can be inventoried
-Low customer contact
-Long response time
-Capital intensive
