BUAD 331 COMPREHENSIVE EXAM 2026 QUESTIONS AND
ANSWERS RATED A+
✔✔The overwhelming majority of organizations understand the value and benefit of
analytics to the point that they have a defined analytics strategy?
A. True
B. False - ✔✔B. False
✔✔A system that enables a company to optimize its procurement strategy is a
____________ system.
A. ERP
B. WMS
C. SRM
D. TMS - ✔✔C. SRM
✔✔Which of the following features are not part of a TMS system:
A. Route Optimization and Consolidation
B. Mode and Carrier Selection
C. Inventory Management
D. Track and Trace - ✔✔C. Inventory Management
✔✔In a synchronized supply chain using time-based competition, information is usually
substituted for what?
A. Customer data
B. Form utility
C. Profits
D. Agile fulfillment
E. Inventory - ✔✔E. Inventory
✔✔Why does L'Oreal believe that collaborating with suppliers is the key to future
business success?
A. Suppliers have most of the market knowledge and therefore will be the most powerful
members of the supply chain.
B. In the future, all business will be global, and so it will be important for suppliers
around the world to understand each other.
C. It is very challenging to satisfy end customers if the members of the supply chain
work as individuals focused only on satisfying their own requirements.
D. A business is only able to do what its suppliers will allow it to do. - ✔✔C. It is very
challenging to satisfy end customers if the members of the supply chain work as
individuals focused only on satisfying their own requirements.
✔✔Which of the following relationship types is the best to pursue?
A. Transactional contracts when the objective is to reduce risk of supply disruption
B. Relational contracts when the objective is to get the lowest unit price for a purchase
, C. Translational contracts when the objective is to secure specialized assets to produce
a sub-component
D. Either transactional or relational contract depending upon the goal - ✔✔D. Either
transactional or relational contract depending upon the goal
✔✔Which of the following is not a way that ValueLink helps improve Cardinal Health's
supply chain?
A. Configures deliveries in totes based on specific demand and delivers them organized
by department
B. Lowers inventory costs
C. Uses the central store for stocking and picking products
D. Improves visibility - ✔✔C. Uses the central store for stocking and picking products
✔✔What would happen if Tesla were to structure all of its supplier relationships as
partnerships?
A. The company would expend too many resources on relationships that don't create
much value, leading to excessive costs.
B. All of its suppliers would have nearly perfect performance, leading to maximum
profitability.
C. It would struggle to keep second and third-tier suppliers engaged in the company's
processes.
D. The supply base would grow infinitely as the result of the great reputation the
company would have in the supply market. - ✔✔A. The company would expend too
many resources on relationships that don't create much value, leading to excessive
costs.
✔✔Which of the following "building materials," if applied within a supply chain
relationship, is most indicative of a strong relationship?
A. Becoming operationally integrated
B. Regular information exchanges
C. A formal contract
D. Establishing cooperative norms - ✔✔A. Becoming operationally integrated
✔✔How is IBM's Watson impacting supply chain performance?
A. Identifies "hidden insights" to make data-driven decisions
B. Reads tweets to find out what products consumers are asking for
C. Orders and re-orders products based on the consumer's expressed needs
D. Creates new avenues in which to sell product - ✔✔A. Identifies "hidden insights" to
make data-driven decisions
✔✔A supply chain relationship:
A. can spiral up or down over time, depending on performance realized along the way.
B. can become denser, of higher quality, or better composed if resources are allocated.
C. should be "right-sized" rather than "maximized" for all partners.
D. All of the above - ✔✔D. All of the above
ANSWERS RATED A+
✔✔The overwhelming majority of organizations understand the value and benefit of
analytics to the point that they have a defined analytics strategy?
A. True
B. False - ✔✔B. False
✔✔A system that enables a company to optimize its procurement strategy is a
____________ system.
A. ERP
B. WMS
C. SRM
D. TMS - ✔✔C. SRM
✔✔Which of the following features are not part of a TMS system:
A. Route Optimization and Consolidation
B. Mode and Carrier Selection
C. Inventory Management
D. Track and Trace - ✔✔C. Inventory Management
✔✔In a synchronized supply chain using time-based competition, information is usually
substituted for what?
A. Customer data
B. Form utility
C. Profits
D. Agile fulfillment
E. Inventory - ✔✔E. Inventory
✔✔Why does L'Oreal believe that collaborating with suppliers is the key to future
business success?
A. Suppliers have most of the market knowledge and therefore will be the most powerful
members of the supply chain.
B. In the future, all business will be global, and so it will be important for suppliers
around the world to understand each other.
C. It is very challenging to satisfy end customers if the members of the supply chain
work as individuals focused only on satisfying their own requirements.
D. A business is only able to do what its suppliers will allow it to do. - ✔✔C. It is very
challenging to satisfy end customers if the members of the supply chain work as
individuals focused only on satisfying their own requirements.
✔✔Which of the following relationship types is the best to pursue?
A. Transactional contracts when the objective is to reduce risk of supply disruption
B. Relational contracts when the objective is to get the lowest unit price for a purchase
, C. Translational contracts when the objective is to secure specialized assets to produce
a sub-component
D. Either transactional or relational contract depending upon the goal - ✔✔D. Either
transactional or relational contract depending upon the goal
✔✔Which of the following is not a way that ValueLink helps improve Cardinal Health's
supply chain?
A. Configures deliveries in totes based on specific demand and delivers them organized
by department
B. Lowers inventory costs
C. Uses the central store for stocking and picking products
D. Improves visibility - ✔✔C. Uses the central store for stocking and picking products
✔✔What would happen if Tesla were to structure all of its supplier relationships as
partnerships?
A. The company would expend too many resources on relationships that don't create
much value, leading to excessive costs.
B. All of its suppliers would have nearly perfect performance, leading to maximum
profitability.
C. It would struggle to keep second and third-tier suppliers engaged in the company's
processes.
D. The supply base would grow infinitely as the result of the great reputation the
company would have in the supply market. - ✔✔A. The company would expend too
many resources on relationships that don't create much value, leading to excessive
costs.
✔✔Which of the following "building materials," if applied within a supply chain
relationship, is most indicative of a strong relationship?
A. Becoming operationally integrated
B. Regular information exchanges
C. A formal contract
D. Establishing cooperative norms - ✔✔A. Becoming operationally integrated
✔✔How is IBM's Watson impacting supply chain performance?
A. Identifies "hidden insights" to make data-driven decisions
B. Reads tweets to find out what products consumers are asking for
C. Orders and re-orders products based on the consumer's expressed needs
D. Creates new avenues in which to sell product - ✔✔A. Identifies "hidden insights" to
make data-driven decisions
✔✔A supply chain relationship:
A. can spiral up or down over time, depending on performance realized along the way.
B. can become denser, of higher quality, or better composed if resources are allocated.
C. should be "right-sized" rather than "maximized" for all partners.
D. All of the above - ✔✔D. All of the above
