QDM Final 2025/2026 Exam Questions
Marking Scheme New Update | A+ Rated
Supply Chain Management - 🧠ANSWER ✔✔Management of activities
related to
-procuring materials and services
-transforming them into intermediate goods and final products
-delivering them through a distribution system
Raw Materials - 🧠ANSWER ✔✔All products can be traced back thru their
supply chain to basic raw materials
Supply Chain - 🧠ANSWER ✔✔The flow of products (and/or services) from
raw materials all the way thru to the final customer.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
,Supply Chain "Links" - 🧠ANSWER ✔✔Supply chains are physically
connected to enable the flow of goods and integrated via information
systems to enable the flow of data
Make-or-buy Decision - 🧠ANSWER ✔✔A choice between producing a
component or service within the firm or purchasing it from an outside
source.
Outsourcing - 🧠ANSWER ✔✔Transferring to external suppliers a firm's
activities that have traditionally been internal.
Six supply chain strategies for goods and services to be obtained from
outside sources are: - 🧠ANSWER ✔✔1. Negotiating with many suppliers
and playing one supplier against another (Many Suppliers Strategy)
2. Developing long-term partnering relationships with a few suppliers (Few
Suppliers Strategy)
3. Vertical integration
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
, 4. Joint ventures
5. Developing keiretsu networks
6. Developing virtual companies that use suppliers on an as-needed basis.
(Virtual Company)
Vertical integration - 🧠ANSWER ✔✔Developing the ability to produce
goods or services previously purchased or actually buying a supplier or a
distributor.
Keiretsu - 🧠ANSWER ✔✔A Japanese term that describes suppliers who
become part of a company coalition.
Virtual companies - 🧠ANSWER ✔✔Companies that rely on a variety of
supplier relationships to provide services on demand. Also known as hollow
corporations or network companies.
A Typical Supply Chain - 🧠ANSWER ✔✔External Suppliers --> Internal
Functions --> External Distributors --> Consumers/customers
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
Marking Scheme New Update | A+ Rated
Supply Chain Management - 🧠ANSWER ✔✔Management of activities
related to
-procuring materials and services
-transforming them into intermediate goods and final products
-delivering them through a distribution system
Raw Materials - 🧠ANSWER ✔✔All products can be traced back thru their
supply chain to basic raw materials
Supply Chain - 🧠ANSWER ✔✔The flow of products (and/or services) from
raw materials all the way thru to the final customer.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
,Supply Chain "Links" - 🧠ANSWER ✔✔Supply chains are physically
connected to enable the flow of goods and integrated via information
systems to enable the flow of data
Make-or-buy Decision - 🧠ANSWER ✔✔A choice between producing a
component or service within the firm or purchasing it from an outside
source.
Outsourcing - 🧠ANSWER ✔✔Transferring to external suppliers a firm's
activities that have traditionally been internal.
Six supply chain strategies for goods and services to be obtained from
outside sources are: - 🧠ANSWER ✔✔1. Negotiating with many suppliers
and playing one supplier against another (Many Suppliers Strategy)
2. Developing long-term partnering relationships with a few suppliers (Few
Suppliers Strategy)
3. Vertical integration
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
, 4. Joint ventures
5. Developing keiretsu networks
6. Developing virtual companies that use suppliers on an as-needed basis.
(Virtual Company)
Vertical integration - 🧠ANSWER ✔✔Developing the ability to produce
goods or services previously purchased or actually buying a supplier or a
distributor.
Keiretsu - 🧠ANSWER ✔✔A Japanese term that describes suppliers who
become part of a company coalition.
Virtual companies - 🧠ANSWER ✔✔Companies that rely on a variety of
supplier relationships to provide services on demand. Also known as hollow
corporations or network companies.
A Typical Supply Chain - 🧠ANSWER ✔✔External Suppliers --> Internal
Functions --> External Distributors --> Consumers/customers
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
