, MNE2601 Assignment 1 QUIZ (COMPLETE
ANSWERS) Semester 1 2025 (201210) - DUE 1 April
2025; 100% TRUSTED Complete, trusted solutions
and explanations
MULTIPLE CHOICE,ASSURED EXCELLENCE
QUIZAssessment 1Question 1Probably the most important part
that purchasing and supply management can play in reducing
total cost is to have long-term supplier
relationships.1.True2.False Question 2A fixed long-term supplier
relationships can hamper the organisation’s flexibility in
responding to changes in demand.1.False2.True Question
3Savings in purchasing and supply costs does not necessarily
reflect in organisational profit.1.True2.False Question 4The
contribution of the supply chain in creating value lies in the
maximisation of input costs among others.1.True2.False
Question 5Supply chains consist of multiple layers of
organisations striving as a team to optimise the shared supply
chain processes.1.True 2.False Question 6One of the objectives
of purchasing and supply management is to maintain and
developthe quality of purchased products and services.1.True
2.FalseQuestion 73PLs specialise in … acting a third set of
suitable rming logistics activities on behalf of other
organisations. 3. performing specialised purchasing ing that
second- and first-tier suppliers are managed efficiently.Question
8… can be defined as the part of supply chain management that
plans, implements and controls the efficient and effective
ANSWERS) Semester 1 2025 (201210) - DUE 1 April
2025; 100% TRUSTED Complete, trusted solutions
and explanations
MULTIPLE CHOICE,ASSURED EXCELLENCE
QUIZAssessment 1Question 1Probably the most important part
that purchasing and supply management can play in reducing
total cost is to have long-term supplier
relationships.1.True2.False Question 2A fixed long-term supplier
relationships can hamper the organisation’s flexibility in
responding to changes in demand.1.False2.True Question
3Savings in purchasing and supply costs does not necessarily
reflect in organisational profit.1.True2.False Question 4The
contribution of the supply chain in creating value lies in the
maximisation of input costs among others.1.True2.False
Question 5Supply chains consist of multiple layers of
organisations striving as a team to optimise the shared supply
chain processes.1.True 2.False Question 6One of the objectives
of purchasing and supply management is to maintain and
developthe quality of purchased products and services.1.True
2.FalseQuestion 73PLs specialise in … acting a third set of
suitable rming logistics activities on behalf of other
organisations. 3. performing specialised purchasing ing that
second- and first-tier suppliers are managed efficiently.Question
8… can be defined as the part of supply chain management that
plans, implements and controls the efficient and effective
