SUPPLY CHAIN EXAM 1 - CHAPTER 1-3 COMPREHENSIVE
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100%
ACCURATE ANSWERS BRAND NEW EXAM ALREADY
GRADED A+ PASS
Better Relationships = Ans✓✓✓ Better communication
A supply chain consists of the flow of products and services Ans✓✓✓ -
Raw materials
-Component and intermediate manufacturers
-Final Product manufacturers
Wholesalers and distributors
-Retailers
Connected by transportation and storage activities and Ans✓✓✓
Integrated through information, planning, and integration activities
Many large firms are moving away from in-house Vertically Integrated
Structures to Ans✓✓✓ Supply Chain Management
Second-tier supplier Ans✓✓✓ Raw Material Suppliers/mfgs
First-tier supplier Ans✓✓✓ Intermediate component/ mfgs
End product manufacturer Ans✓✓✓ Focal Firm
, Second tier customers Ans✓✓✓ Retailers
First tier customers Ans✓✓✓ Wholesalers, distributors
Raw Materials Ans✓✓✓ Extracted from the earth, like wood or grown
items like food
Component Manufacturer Ans✓✓✓ sheet metal or lumber
Final product manufacturers Ans✓✓✓ Boeing or General Motors .
assemble the finished product and sell them to wholesalers or
distributors who then resell these products to retailers as their orders are
received retailers and sell to the end customer
Why do consumers buy products ? Ans✓✓✓ based on a combination of
cost, quality, availability, maintainability, and reputation factors and
then hope to satisfy their requirements
Since companies provide products and services to many different kinds
of consumers ... Ans✓✓✓ they have multiple supply chains to satisfy
the need.. theres also foreign customers which require another supply
chain
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100%
ACCURATE ANSWERS BRAND NEW EXAM ALREADY
GRADED A+ PASS
Better Relationships = Ans✓✓✓ Better communication
A supply chain consists of the flow of products and services Ans✓✓✓ -
Raw materials
-Component and intermediate manufacturers
-Final Product manufacturers
Wholesalers and distributors
-Retailers
Connected by transportation and storage activities and Ans✓✓✓
Integrated through information, planning, and integration activities
Many large firms are moving away from in-house Vertically Integrated
Structures to Ans✓✓✓ Supply Chain Management
Second-tier supplier Ans✓✓✓ Raw Material Suppliers/mfgs
First-tier supplier Ans✓✓✓ Intermediate component/ mfgs
End product manufacturer Ans✓✓✓ Focal Firm
, Second tier customers Ans✓✓✓ Retailers
First tier customers Ans✓✓✓ Wholesalers, distributors
Raw Materials Ans✓✓✓ Extracted from the earth, like wood or grown
items like food
Component Manufacturer Ans✓✓✓ sheet metal or lumber
Final product manufacturers Ans✓✓✓ Boeing or General Motors .
assemble the finished product and sell them to wholesalers or
distributors who then resell these products to retailers as their orders are
received retailers and sell to the end customer
Why do consumers buy products ? Ans✓✓✓ based on a combination of
cost, quality, availability, maintainability, and reputation factors and
then hope to satisfy their requirements
Since companies provide products and services to many different kinds
of consumers ... Ans✓✓✓ they have multiple supply chains to satisfy
the need.. theres also foreign customers which require another supply
chain
