SCMN 2150 Test 3 Questions with Correct
Answers
Which of the following is NOT one of the key risks of global sourcing? higher labor costs
Upon arrival of an import shipment to the US, the CPB has the option to examine the goods for
which of the following reasons? All of the above
Business analytics is the combination of skills, technologies, applications, and processes used by
organizations to gain insights into their business based on data and statistics to drive business
planning. T/F TRUE
When making a carrier selection, which of the following is not one of the main considerations?
Reliability
Which of the following is NOT a benefit of near-shoring suppliers? time to implement
,Supply chain planning software focuses on which of the following? all of the following
listed
Match the following to their definitions: Accurate, accessible, relevant, timely,
transferable, reliable, useable
ERP is a supply chain term that stands for.... Enterprise resource planning
Tiger turntables is considering a new supplier. A new supplier has made an offer to provide a key
part at a lower price but under a different trade term than their current supplier. may be
a question
Which of the following is NOT one of the potential issues or impacts of offshoring operations?
poor demand planning
Which of the following are appropriate risk reduction strategies a company can utilize in
importing product? ALL OF THE ABOVE
, According to Gartner, what is the top roadblock to making a company a digital business?
Culture and legacy technology systems
The nature of a product size, durability, and value may make some modes infeasible for
international transportation. A mode may not be able to physically, legally, or safely transport
the goods. T/F TRUE
What does the letter "i" in INCOTERMS stand for? insurance
Does the transportation company take title to the goods in an international transaction?
NO
Many companies are being driven to offshore and nearshore outsourcing vendors due to the
following reasons: Pressure to reduce costs, become more competitive
Which of the following has NOT been a key driver of global production growth? Superior
product quality
Answers
Which of the following is NOT one of the key risks of global sourcing? higher labor costs
Upon arrival of an import shipment to the US, the CPB has the option to examine the goods for
which of the following reasons? All of the above
Business analytics is the combination of skills, technologies, applications, and processes used by
organizations to gain insights into their business based on data and statistics to drive business
planning. T/F TRUE
When making a carrier selection, which of the following is not one of the main considerations?
Reliability
Which of the following is NOT a benefit of near-shoring suppliers? time to implement
,Supply chain planning software focuses on which of the following? all of the following
listed
Match the following to their definitions: Accurate, accessible, relevant, timely,
transferable, reliable, useable
ERP is a supply chain term that stands for.... Enterprise resource planning
Tiger turntables is considering a new supplier. A new supplier has made an offer to provide a key
part at a lower price but under a different trade term than their current supplier. may be
a question
Which of the following is NOT one of the potential issues or impacts of offshoring operations?
poor demand planning
Which of the following are appropriate risk reduction strategies a company can utilize in
importing product? ALL OF THE ABOVE
, According to Gartner, what is the top roadblock to making a company a digital business?
Culture and legacy technology systems
The nature of a product size, durability, and value may make some modes infeasible for
international transportation. A mode may not be able to physically, legally, or safely transport
the goods. T/F TRUE
What does the letter "i" in INCOTERMS stand for? insurance
Does the transportation company take title to the goods in an international transaction?
NO
Many companies are being driven to offshore and nearshore outsourcing vendors due to the
following reasons: Pressure to reduce costs, become more competitive
Which of the following has NOT been a key driver of global production growth? Superior
product quality
