UARK SCMT 2103 MODULE 1 EXAM
QUESTIONS AND ANSWERS
The objective of Walmart's early network strategy design was to:
A. Place stores in "high potential" markets
B. Locate stores close to a distribution center
C. Locate store close to Bentonville
D. Use supply chain savings to drive temporary price reductions
E. All of the above - Correct Answers -B. Locate stores close to a distribution center
Logistics costs include which of the following?
A. Transportation costs
B. Inventory holding costs
C. Warehousing cost
D. Material handling cost
E. All of these and more - Correct Answers -E. All of these and more
Examples of business processes include which of the following?
A. New item introduction process
B. The order fulfillment process
C. Customer relationship management process
D. Supplier relationship management process
E. All of these and more - Correct Answers -E. All of these and more
Which of the following is a theme throughout the course?
A. How logistics and supply chain management can be used to create a competitive
advantage
B. Supply chain management and logistics are not the same and are not even similar
C. Logistics is just another term for transportation
D. Supply chain management is the same thing as logistics, but just a new term -
Correct Answers -A. How logistics and supply chain management can be used to create
a competitive advantage
Supply chain management is the management of the _______ of business processes
between functions in a firm and with suppliers and customers.
A. Institutionalization
B. Instrumentation
C. Integration
D. Avoidance - Correct Answers -C. Integration
QUESTIONS AND ANSWERS
The objective of Walmart's early network strategy design was to:
A. Place stores in "high potential" markets
B. Locate stores close to a distribution center
C. Locate store close to Bentonville
D. Use supply chain savings to drive temporary price reductions
E. All of the above - Correct Answers -B. Locate stores close to a distribution center
Logistics costs include which of the following?
A. Transportation costs
B. Inventory holding costs
C. Warehousing cost
D. Material handling cost
E. All of these and more - Correct Answers -E. All of these and more
Examples of business processes include which of the following?
A. New item introduction process
B. The order fulfillment process
C. Customer relationship management process
D. Supplier relationship management process
E. All of these and more - Correct Answers -E. All of these and more
Which of the following is a theme throughout the course?
A. How logistics and supply chain management can be used to create a competitive
advantage
B. Supply chain management and logistics are not the same and are not even similar
C. Logistics is just another term for transportation
D. Supply chain management is the same thing as logistics, but just a new term -
Correct Answers -A. How logistics and supply chain management can be used to create
a competitive advantage
Supply chain management is the management of the _______ of business processes
between functions in a firm and with suppliers and customers.
A. Institutionalization
B. Instrumentation
C. Integration
D. Avoidance - Correct Answers -C. Integration
