1
BUSINESS MANAGEMENT BMGT372 FINAL EXAM
WITH SOLUTIONS
Three overriding SCM coordination, info sharing, collaboration
activities within and
between firms include:
a. Coordination,
information sharing,
collaboration
b. Responsiveness,
reliability, relationship
management
c. Marketing, sourcing,
logistics
d. Suppliers,
customers,
manufacturers
e. Products, information,
funds
Challenges to developing all of the above
a systems thinking viewpoint
in an organization include:
a. 'Siloed' decision-making
b. Competing goals
and incentives
c. Lack of information sharing
d. Segmented
organizational
structure
e) All of the above
,2
Why have partnerships collaboration enables long-term viability and success in a
and alliances across competitive global environment
enterprises become so
important to SCM?
a. Companies want
external supply chain
partners to hold more
risk
b. Technology is expensive
c. "Early supplier
involvement" is simple to
implement
d. Collaboration enables
long- term viability and
success in a
competitive global
environment
Postponement is an effective allows for local product customization
strategy for some firms
because it:
a. Requires little technology
b. Decreases the
need for relationship
management
c. Increases
supplier
involvement
d. Allows for local
product
customization
e. Is relatively simple
and inexpensive to
implement
,3
Necessary efforts to a and b
improve supply chain
security present new
challenges to firms
including:
a. Regulation/compli
ance requirements
b. Shorter lead times
c. Increased transport
time and costs
d. Decreased need
for relationship
management
e. a and b
Key trends in SCM include: a and b
a. Reverse logistics
b. Risk management
c. Early supplier involvement
d. Sustainability
e. a and b
The growing number and reverse logistics
acceptance of customer
returns has created an
area of SCM called:
a. Reverse logistics
b. Distribution management
c. Order fulfillment
d. Sustainability
e. None of the above
See an expert-written answer
, 4
An example of intra- a and b
organizational integration is:
a. Marketing sharing
promotion plans with
operations
b. Operations informing
logistics of production
plans
c. Supplier informing
manufacturer of a
component defect
d. Independent retailer
sharing point-of-sale
data with
manufacturer
e. a and b
The primary role of customers
marketing in an
organization is to link
the
organization to its:
a. Operations
b. Customers
c. Finance
d. Suppliers
e. None of the above
The globalization trend all of the above
presents numerous
benefits to SCM including:
a. Cost savings
b. Removes distance
barrier between
markets/consumers
c. More supplier choices
d. Consumers have
BUSINESS MANAGEMENT BMGT372 FINAL EXAM
WITH SOLUTIONS
Three overriding SCM coordination, info sharing, collaboration
activities within and
between firms include:
a. Coordination,
information sharing,
collaboration
b. Responsiveness,
reliability, relationship
management
c. Marketing, sourcing,
logistics
d. Suppliers,
customers,
manufacturers
e. Products, information,
funds
Challenges to developing all of the above
a systems thinking viewpoint
in an organization include:
a. 'Siloed' decision-making
b. Competing goals
and incentives
c. Lack of information sharing
d. Segmented
organizational
structure
e) All of the above
,2
Why have partnerships collaboration enables long-term viability and success in a
and alliances across competitive global environment
enterprises become so
important to SCM?
a. Companies want
external supply chain
partners to hold more
risk
b. Technology is expensive
c. "Early supplier
involvement" is simple to
implement
d. Collaboration enables
long- term viability and
success in a
competitive global
environment
Postponement is an effective allows for local product customization
strategy for some firms
because it:
a. Requires little technology
b. Decreases the
need for relationship
management
c. Increases
supplier
involvement
d. Allows for local
product
customization
e. Is relatively simple
and inexpensive to
implement
,3
Necessary efforts to a and b
improve supply chain
security present new
challenges to firms
including:
a. Regulation/compli
ance requirements
b. Shorter lead times
c. Increased transport
time and costs
d. Decreased need
for relationship
management
e. a and b
Key trends in SCM include: a and b
a. Reverse logistics
b. Risk management
c. Early supplier involvement
d. Sustainability
e. a and b
The growing number and reverse logistics
acceptance of customer
returns has created an
area of SCM called:
a. Reverse logistics
b. Distribution management
c. Order fulfillment
d. Sustainability
e. None of the above
See an expert-written answer
, 4
An example of intra- a and b
organizational integration is:
a. Marketing sharing
promotion plans with
operations
b. Operations informing
logistics of production
plans
c. Supplier informing
manufacturer of a
component defect
d. Independent retailer
sharing point-of-sale
data with
manufacturer
e. a and b
The primary role of customers
marketing in an
organization is to link
the
organization to its:
a. Operations
b. Customers
c. Finance
d. Suppliers
e. None of the above
The globalization trend all of the above
presents numerous
benefits to SCM including:
a. Cost savings
b. Removes distance
barrier between
markets/consumers
c. More supplier choices
d. Consumers have