2026 -2027 Update} QUESTIONS AND
ANSWERS 100% CORRECT
International Organization for Standardization (ISO) 9000 - correct answer developed
in 1987, a series of quality assurance standards for design, development, production,
installation and services. Certification is a third-party determination of quality that is
recognized around the world.
ISO 14000 - correct answer developed in 1996, a series of international standards for
environmental management.
Supplier relationship management (SRM) - correct answer a set of capabilities that
enhances manufacturer- distributor collaboration, execution and performance
monitoring.
, How is supply chain management different than the manufacturing process? - correct
answer Manufacturing is the production of a product. Supply chain management is
managing the process from raw material and production to the point of sale to a
consumer.
A "business to business" example is the selling of medical supplies to a hospital -
correct answer True
Hiring a distributor allows a manufacturer to focus on efficiencies in production and
innovation while depending on the distributor for market knowledge, customer
knowledge, and customer service expertise - correct answer True
A supplier to a Tier One supplier is called a ______ - correct answer Tier Two supplier