D471 BUS 3910
Global Supply Chain Management
Comprehensive FA Review (Qns & Ans)
2025
1. What is the primary purpose of an Integrated Supply Chain?
- A) Minimize production time
- B) Reduce storage costs
- C) Enhance the flow of information and materials across all
supply chain nodes
- D) Increase number of suppliers
Correct ANS: C)
©2024/2025
, Rationale: An integrated supply chain focuses on the
seamless flow of information and materials to enhance overall
efficiency and responsiveness.
2. Which of the following is generally considered a leading
indicator for predicting supply chain performance?
- A) Historical financial performance
- B) Supplier lead times
- C) Demand forecasting accuracy
- D) Inventory turnover rate
Correct ANS: C)
Rationale: Demand forecasting accuracy is essential for
anticipating and planning supply chain activities effectively.
3. Which strategy involves sourcing products or components
from multiple geographical locations to mitigate risks?
- A) Centralized sourcing
- B) Dual sourcing
- C) Local sourcing
- D) Global diversification
Correct ANS: D)
©2024/2025
, Rationale: Global diversification helps in distributing risk
and avoiding disruptions due to geopolitical or environmental
issues.
4. Which technology is most associated with providing real-time
tracking information in supply chains?
- A) RFID
- B) CRM
- C) ERP
- D) IoT
Correct ANS: A)
Rationale: RFID (Radio-Frequency Identification) tags allow
for real-time tracking by transmitting data wirelessly.
5. Which KPI is most directly associated with measuring supply
chain efficiency?
- A) Customer retention rate
- B) Gross profit margin
- C) Order fulfillment cycle time
- D) Employee satisfaction score
Correct ANS: C)
©2024/2025
Global Supply Chain Management
Comprehensive FA Review (Qns & Ans)
2025
1. What is the primary purpose of an Integrated Supply Chain?
- A) Minimize production time
- B) Reduce storage costs
- C) Enhance the flow of information and materials across all
supply chain nodes
- D) Increase number of suppliers
Correct ANS: C)
©2024/2025
, Rationale: An integrated supply chain focuses on the
seamless flow of information and materials to enhance overall
efficiency and responsiveness.
2. Which of the following is generally considered a leading
indicator for predicting supply chain performance?
- A) Historical financial performance
- B) Supplier lead times
- C) Demand forecasting accuracy
- D) Inventory turnover rate
Correct ANS: C)
Rationale: Demand forecasting accuracy is essential for
anticipating and planning supply chain activities effectively.
3. Which strategy involves sourcing products or components
from multiple geographical locations to mitigate risks?
- A) Centralized sourcing
- B) Dual sourcing
- C) Local sourcing
- D) Global diversification
Correct ANS: D)
©2024/2025
, Rationale: Global diversification helps in distributing risk
and avoiding disruptions due to geopolitical or environmental
issues.
4. Which technology is most associated with providing real-time
tracking information in supply chains?
- A) RFID
- B) CRM
- C) ERP
- D) IoT
Correct ANS: A)
Rationale: RFID (Radio-Frequency Identification) tags allow
for real-time tracking by transmitting data wirelessly.
5. Which KPI is most directly associated with measuring supply
chain efficiency?
- A) Customer retention rate
- B) Gross profit margin
- C) Order fulfillment cycle time
- D) Employee satisfaction score
Correct ANS: C)
©2024/2025
