TLMT313 W1 Actual study set with
Questions and correct/verified Answers
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - ANSW-TRUE
Building Trust, Shared Vision and Objectives, Personal Relationships, Mutual Benefits and Needs are key
factors that contribute to a lasting supplier partnership. - ANSW-FALSE
A SRM strategy refers to a situation wherein a supplier's employee is permanently housed in the
purchasing department of the buyer's organization. - ANSW-FALSE
There is a definitive and prescriptive set of supply chain measures that result in one best way to measure
supply chain performance. - ANSW-FALSE
Environmental and social impacts are considered outside of supply chain management. - ANSW-FALSE
If a company is effectively focusing on its core competencies, its level of outsourcing is likely to increase.
- ANSW-TRUE
In order to provide more comprehensive delivery service, some freight-only airlines have invested in
developing their own motor carrier fleets to provide full door to door service delivery. - ANSW-TRUE
Procurement credit cards or corporate purchasing cards (P-cards) can be used for small purchases.. -
ANSW-TRUE
Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock
levels since the negatively correlated market demands reduce the overall demand variance across the
markets which the centralized warehouse services. - ANSW-TRUE
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - ANSW-TRUE
Questions and correct/verified Answers
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - ANSW-TRUE
Building Trust, Shared Vision and Objectives, Personal Relationships, Mutual Benefits and Needs are key
factors that contribute to a lasting supplier partnership. - ANSW-FALSE
A SRM strategy refers to a situation wherein a supplier's employee is permanently housed in the
purchasing department of the buyer's organization. - ANSW-FALSE
There is a definitive and prescriptive set of supply chain measures that result in one best way to measure
supply chain performance. - ANSW-FALSE
Environmental and social impacts are considered outside of supply chain management. - ANSW-FALSE
If a company is effectively focusing on its core competencies, its level of outsourcing is likely to increase.
- ANSW-TRUE
In order to provide more comprehensive delivery service, some freight-only airlines have invested in
developing their own motor carrier fleets to provide full door to door service delivery. - ANSW-TRUE
Procurement credit cards or corporate purchasing cards (P-cards) can be used for small purchases.. -
ANSW-TRUE
Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock
levels since the negatively correlated market demands reduce the overall demand variance across the
markets which the centralized warehouse services. - ANSW-TRUE
According to Dr. Michael Porter, a firm's value chain is composed of primary and support activities that
can lead to competitive advantage when configured properly. - ANSW-TRUE
