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Exam (elaborations)

Question Bank in line with Principles of Supply Chain Management,Wisner,4e

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Uploaded on
June 25, 2024
Number of pages
431
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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True / False


1. According to the textbook, the keys to successful supply chain management include trust,
cooperation, collaboration and honest, accurate communications between supply chain partners.
a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Analytic

NOTES: 1-1



2. According to the textbook, retail stores are considered the focal firms in modern supply chains.
a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Analytic

NOTES: 1-1



3. One definition of supply chain management is "The planning and management of all activities
involved in sourcing and procurement, conversion, and all logistics management activity."
a. True

b. False

,ANSWER: True

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Analytic

NOTES: 1-1



4. The universally accepted definition of supply chain management is "the management and
integration of the parties involved in producing the end items coveted by consumers."
a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Comprehension

OTHER: Analytic

NOTES: 1-1



5. The assembly or production of finished products, producing the right amount of product, and
ensuring that finished products meet specific quality, cost, and customer service requirements can
all be considered elements of operations.
a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

,KEYWORDS: Bloom’s: Comprehension

OTHER: Analytic

NOTES: 1-2



6. According to the textbook, supply chains include raw material suppliers, intermediate
component manufacturers, end-product manufacturers, wholesale distributors, retailers and end-
product consumers.
a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Analytic

NOTES: 1-2



7. Trucking companies, airfreight shipping companies, and information system providers can all
be considered service providers to the supply chain.
a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Technology

NOTES: 1-2

, 8. According to the textbook, a supply chain's end customers are the only true source of income
for all supply chain organizations.
a. True

b. False

ANSWER: True

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Knowledge

OTHER: Analytic

NOTES: 1-2



9. A supply chain performance measurement system focuses on meeting sales or cost figures.
a. True

b. False

ANSWER: False

POINTS: 1

DIFFICULTY: Easy

KEYWORDS: Bloom’s: Comprehension

OTHER: Analytic

NOTES: 1-2



10. Reverse logistics activities include the return of defective and damaged items to the
manufacturer, and the recycling of used packaging.
a. True

b. False

ANSWER: True

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