2025/2026 Exam Questions with 100%
Correct Answers | Latest Update
Even though a firm may have a low cost strategy, supply-chain strategy
can select suppliers primarily on response or differentiation. - 🧠 ANSWER
✔✔False
The supply chain for a brewery would include raw ingredients such as hops
and barley but not the manufactured goods such as bottles and cans. - 🧠
ANSWER ✔✔False
When using the low-cost strategy for supply chain management, a firm
should use buffer stocks to ensure speedy supply. - 🧠 ANSWER ✔✔False
Savings in the supply chain exert more leverage as the firm's net profit
margin decreases. - 🧠 ANSWER ✔✔True
,A firm that employs a response strategy should minimize inventory
throughout the supply chain. - 🧠 ANSWER ✔✔False
Supply chain decisions are not generally strategic in nature, because
purchasing is not a large expense for most firms. - 🧠 ANSWER ✔✔False
Because service firms do not acquire goods and services externally, their
supply chain management issues are insignificant. - 🧠 ANSWER ✔✔False
Which of the following characteristics is NOT common to all four of Darden
Restaurants' supply channels?
A) supplier qualification
B) product tracking
C) independent audits
D) refrigeration
E) just-in-time delivery - 🧠 ANSWER ✔✔D
Which of the following would NOT typically be considered as part of a
manufacturing firm's supply chain?
A) suppliers
B) distributors
,C) wholesalers
D) retailers
E) landscaping contractors - 🧠 ANSWER ✔✔E
In most manufacturing industries, which of the following would likely
represent the largest cost to the firm?
A) transportation
B) purchasing
C) insurance
D) financing
E) advertising - 🧠 ANSWER ✔✔B
Among which of the following industries are purchasing costs the LOWEST
percentage of sales?
A) automobiles
B) petroleum
C) restaurants
D) lumber
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, E) chemicals - 🧠 ANSWER ✔✔C
Which of the following is a primary supplier selection criterion for a firm
pursuing a differentiation strategy?
A) product development skills
B) cost
C) capacity
D) speed
E) flexibility - 🧠 ANSWER ✔✔A
For which corporate strategy(ies) should supply chain inventory be
minimized?
A) low cost
B) response
C) differentiation
D) low cost and response
E) low cost and differentiation - 🧠 ANSWER ✔✔E