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Coyle Supply Chain Management: A Logistics Perspective, 10th Edition Chapter 1 Test Bank
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CHAPTER 1 TEST QUESTIONS True-False 1. The first decade of the twenty-first century was a period of rapid change for organizations, especially businesses. ANSWER: True, Page 5 2. A key element in Wal-Mart's ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system. ANSWER: True, Page 5 3. Globalization has had little effect on consumers. ANSWER: False, Page 7 4. Supply and demand has become less volatile as managers have become more adept at controlling the elements. ANSWER: False, Page 7 5. Outsourcing is a fairly new concept. ANSWER: False, Page 8
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