MGMT 404 - Quiz - Chapter 13 and 14 Exam Questions with Verified Solutions Graded A+
In supply chain management, all of these are alternate names for the seller EXCEPT: - Answers
b. service requestor.
In a firm fixed-price contract, who assumes the greatest level of risk? - Answers c. Seller
Which of these is NOT one of the information sources that are frequently used by organizations
to identify potential suppliers? - Answers d. Financial condition analysis
The purpose of the Pareto chart is to quickly understand the primary sources of a problem. The
highest bar on a Pareto chart often becomes the "head of the fish" in the __________. - Answers d.
Ishikawa diagram
A request for quotation (RFQ) would be used in all of these circumstances EXCEPT: - Answers d.
to compare different approaches for nonstandard items.
Agile projects often use a __________, a graphical representation of work effort remaining in and
iteration (or similar) versus the days left in an iteration, to show the amount of work remaining. -
Answers a. burndown chart
After potential suppliers have passed the initial evaluation process, the selection process
begins, and the project team invites those suppliers to submit bids or proposals. Which of these
is NOT one of the evaluation criteria that might be used to rate the supplier proposals? -
Answers b. Supplier websites
__________ refers primarily to a manufacturing context and implementation of just-in-time (JIT)
tools and techniques to ensure every step in the supply process adds value while various costs
are kept at the minimum level. - Answers d. Lean procurement
All of these are advantages to letting workers self-manage their work, EXCEPT: - Answers b.
transfers accountability from the project manager to the workers.
Two types of control are used extensively on projects, and both compare actual performance
against the project plan. The first is steering control, where the work is compared to the plan on
a continual basis to check progress. The second type of control used on projects is __________. -
Answers a. go/no-go control
Control quality is the activities ... used to verify that deliverables are of acceptable quality and
that they are complete and correct. Quality control activities include all of these EXCEPT: -
Answers b. performance reports.
__________ is a method for transforming contractual arrangements into a cohesive, collaborative
project team with a single set of goals and established procedures for resolving disputes. -
Answers c. Partnering
In supply chain management, all of these are alternate names for the seller EXCEPT: - Answers
b. service requestor.
In a firm fixed-price contract, who assumes the greatest level of risk? - Answers c. Seller
Which of these is NOT one of the information sources that are frequently used by organizations
to identify potential suppliers? - Answers d. Financial condition analysis
The purpose of the Pareto chart is to quickly understand the primary sources of a problem. The
highest bar on a Pareto chart often becomes the "head of the fish" in the __________. - Answers d.
Ishikawa diagram
A request for quotation (RFQ) would be used in all of these circumstances EXCEPT: - Answers d.
to compare different approaches for nonstandard items.
Agile projects often use a __________, a graphical representation of work effort remaining in and
iteration (or similar) versus the days left in an iteration, to show the amount of work remaining. -
Answers a. burndown chart
After potential suppliers have passed the initial evaluation process, the selection process
begins, and the project team invites those suppliers to submit bids or proposals. Which of these
is NOT one of the evaluation criteria that might be used to rate the supplier proposals? -
Answers b. Supplier websites
__________ refers primarily to a manufacturing context and implementation of just-in-time (JIT)
tools and techniques to ensure every step in the supply process adds value while various costs
are kept at the minimum level. - Answers d. Lean procurement
All of these are advantages to letting workers self-manage their work, EXCEPT: - Answers b.
transfers accountability from the project manager to the workers.
Two types of control are used extensively on projects, and both compare actual performance
against the project plan. The first is steering control, where the work is compared to the plan on
a continual basis to check progress. The second type of control used on projects is __________. -
Answers a. go/no-go control
Control quality is the activities ... used to verify that deliverables are of acceptable quality and
that they are complete and correct. Quality control activities include all of these EXCEPT: -
Answers b. performance reports.
__________ is a method for transforming contractual arrangements into a cohesive, collaborative
project team with a single set of goals and established procedures for resolving disputes. -
Answers c. Partnering
