(Quiz, Correct Answer are Highlighted at the end of this File)
Quiz
1. Cargo is:
a. Freight
b. freight plus mail
2. The downstream end of a supply chain is:
a. supplier end
b. customer end
3. In the ‘unionist perspective’:
a. logistics is a part of SCM
b. SCM is a part of logistics
4. In the ‘traditionalist’ perspective:
a. logistics is a part of SCM
b. SCM is a part of logistics
5. Concerning the difference between logistics and SCM, which of the following
perspectives is most popular:
Re-labelling Traditionalist Unionist Intersectionist
6. A low value, high volume shipment has:
a. a high transport cost penalty
b. a low transport cost penalty
7. A supply chain is best understood as:
a. a linear chain
b. a multidimensional network
8. Effective transport deregulation typically aims to achieve (at least in theory):
a. cost reduction
b. service improvement
c. both
9. Ethnocentricity involves:
a. adopting the perspective only of the home country where its headquarters are
located
b. adopting the host country perspective
c. the company not adopting any particular country perspective(s)
10. In the context of global logistics the acronym ‘TNC’ stands for:
a. transnational corporation
b. transnational competence
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,11. Which type of company portrays more of a global identity:
a. a transnational corporation
b. a multinational company
12. Offshoring can be defined as:
a. the transfer of specific processes to lower cost locations in other countries
b. the transfer to a third party of the management and delivery of a process
previously performed by the company itself
13. Geocentricity involves:
a. adopting the perspective only of the home country where its headquarters are
located
b. adopting the host country perspective
c. the company not adopting any one particular country perspective(s)
14. Craft production allows:
a. high output volume with low output variety
b. high output variety with low output volume
15. Another name for postponement is:
a. delayed product design
b. delayed product differentiation
16. An agile supply chain strategy works best with:
a. short lead time, unpredictable demand
b. short lead time, predictable demand
17. Another term used to describe the ‘functional’ nature of many organisations is:
a. silo
b. corporate
18. A leagile supply chain strategy works best with:
a. long lead time, predictable demand
b. long lead time, unpredictable demand
19. The consignee is:
a. the company or individual who sends the consignment
b. the company or individual who actually receives the shipment
20. The term NVOCC is an acronym for:
a. non-vessel-owning common carrier
b. non-vessel-operating common carrier
21. The term NVOCC:
a. is associated with the activity known as groupage
b. is not associated with the activity known as groupage
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, 22. How many groups of incoterms are there?
a. Two
b. Three
c. Four
23. Which of the following is correct?
a. sourcing = procurement + purchasing
b. procurement = sourcing + purchasing
24. The acronym ‘OEM’ stands for:
a. original electronics manufacturing
b. original equipment manufacturer
25. A higher score on the environmental separation index between an outsourcer and an
outsourcee indicates:
a. large differences in work practices, culture and perceptions between an
outsourcer and an outsourcee
b. small differences in work practices, culture and perceptions between an
outsourcer and an outsourcee
26. Which of the following statements is correct?
a. In order to be an order winner a factor must first be an order qualifier
b. In order to be an order qualifier a factor must first be an order winner
27. Very slow moving items of inventory are likely to be classified in an ABC inventory
classification system as:
a. ‘A’ items
b. ‘B’ items
c. ‘C’ items
28. The square root rule is concerned with:
a. deciding how much inventory to re-order
b. reducing total system inventory by reducing the number of locations within
which inventory is held
c. transit inventory
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