Question 1

Supply Chain Risk Management involves several activities to reduce supply chain risk including _________ and _____________.Fill in the blanks correctly.

Accepted Answer

A)  Risk assessment/Disruption planning 
B)  Contingency planning/Disruption planning 
C)  Risk planning/Risk mitigation 
D)  Risk mitigation/Contingency planning 
A)  Risk assessment/Disruption planning 
B)  Contingency planning/Disruption planning 
C)  Risk planning/Risk mitigation 
D)  Risk mitigation/Contingency planning

Question 2

Which of the following is not true about core competence when discussing outsourcing?

Accepted Answer

A)  It can be built over a short period 
B)  It is essential to ensure survival in a competitive market-place 
C)  Only a few core competencies should be developed at the same time 
D)  Non-core competencies could be outsourced 
A)  It can be built over a short period 
B)  It is essential to ensure survival in a competitive market-place 
C)  Only a few core competencies should be developed at the same time 
D)  Non-core competencies could be outsourced

Question 3

An outsourcing decision requires a detailed examination beforehand.Choose an activity that should be performed when evaluating the business case for an outsourcing decision.
1)Vendor searching
2)Vender contracting
3)Strategic Evaluation
4)Relationship Management

Accepted Answer

A)  (1) 
B)  (1) and (2) 
C)  (3) and (4) 
D)  (3) 
A)  (1) 
B)  (1) and (2) 
C)  (3) and (4) 
D)  (3)

Question 4

The ____________ complexity can be described as being related to the scale and breadth of the outsourcing service.Fill in the bank space with the correct answer.

Accepted Answer

A)  Location-Specific 
B)  Task-Specific 
C)  Resource-Specific 
D)  Industry-Specific 
A)  Location-Specific 
B)  Task-Specific 
C)  Resource-Specific 
D)  Industry-Specific

Question 5

In your own words, provide reasons for the reduction in internal coordination costs from outsourcing being less than expected.

Accepted Answer

There are several reasons why the reduct

Question 6

The popularity of outsourcing had increased drastically over the last few decades.Among the following statements about this phenomena, choose the ones most likely to be true.
1)By 2010, Global business process outsourcing surpassed the US$7 trillion
2)Only 5~10% of all outsourcing relationships fail within 5 years
3)It has becoming a trend to bring back in-house outsourced business functions
4)25~34 % of a typical executive's budget is outsourced

Accepted Answer

A)  (1) and (4) 
B)  (2) and (4) 
C)  (2), (3), and (4) 
D)  (1), (3), and (4) 
A)  (1) and (4) 
B)  (2) and (4) 
C)  (2), (3), and (4) 
D)  (1), (3), and (4)

Question 7

Among the following choice, find the choices that are not a criterion for an outsourcing decision's consensus transition plan.
1)Personnel criteria
2)Transition criteria
3)Financial criteria
4)Performance criteria

Accepted Answer

A)  (1) 
B)  (1) and (4) 
C)  (1), (2), and (4) 
D)  (3) and (4) 
A)  (1) 
B)  (1) and (4) 
C)  (1), (2), and (4) 
D)  (3) and (4)

Question 8

What quality cost category is associated with scrap, rework, and internal downtime when discussing outsourcing?

Accepted Answer

Internal f

Question 9

Among the following, which is not an expected benefit from outsourcing?

Accepted Answer

A)  Conversion of variable costs into fixed costs 
B)  Reduce and control operating costs 
C)  Refocus on core competencies 
D)  Reduce cycle time 
A)  Conversion of variable costs into fixed costs 
B)  Reduce and control operating costs 
C)  Refocus on core competencies 
D)  Reduce cycle time

Question 10

Describe outsourcing in one sentence.

Accepted Answer

Outsourcing is the business pr

Supply Chain Risk Management involves several activities to reduce supply chain risk including _ and _____.Fill in the blanks correctly.

Which of the following is not true about core competence when discussing outsourcing?

An outsourcing decision requires a detailed examination beforehand.Choose an activity that should be performed when evaluating the business case for an outsourcing decision. 1)Vendor searching 2)Vender contracting 3)Strategic Evaluation 4)Relationship Management

The ____________ complexity can be described as being related to the scale and breadth of the outsourcing service.Fill in the bank space with the correct answer.

In your own words, provide reasons for the reduction in internal coordination costs from outsourcing being less than expected.

Among the following choice, find the choices that are not a criterion for an outsourcing decision's consensus transition plan. 1)Personnel criteria 2)Transition criteria 3)Financial criteria 4)Performance criteria

What quality cost category is associated with scrap, rework, and internal downtime when discussing outsourcing?

Among the following, which is not an expected benefit from outsourcing?

Describe outsourcing in one sentence.

Supply chain focused manufacturing planning and control

Forecasting demand

S&OP/Aggregate planning

Master production schedule

Supply chain focused inventory management

MRP production system

JIT/Lean production

Push and pull production systems

Capacity management

Production planning and control for remanufacturing

Manufacturing focused supply chain integration

Filters

Exam 11: Supply chain focused outsourcing

Supply Chain Risk Management involves several activities to reduce supply chain risk including _________ and _____________.Fill in the blanks correctly.

Which of the following is not true about core competence when discussing outsourcing?

An outsourcing decision requires a detailed examination beforehand.Choose an activity that should be performed when evaluating the business case for an outsourcing decision. 1)Vendor searching 2)Vender contracting 3)Strategic Evaluation 4)Relationship Management

The ____________ complexity can be described as being related to the scale and breadth of the outsourcing service.Fill in the bank space with the correct answer.

In your own words, provide reasons for the reduction in internal coordination costs from outsourcing being less than expected.

Among the following choice, find the choices that are not a criterion for an outsourcing decision's consensus transition plan. 1)Personnel criteria 2)Transition criteria 3)Financial criteria 4)Performance criteria

What quality cost category is associated with scrap, rework, and internal downtime when discussing outsourcing?

Among the following, which is not an expected benefit from outsourcing?

Describe outsourcing in one sentence.

Supply chain focused manufacturing planning and control

Forecasting demand

S&OP/Aggregate planning

Master production schedule

Supply chain focused inventory management

MRP production system

JIT/Lean production

Push and pull production systems

Capacity management

Production planning and control for remanufacturing

Manufacturing focused supply chain integration

Filters

Supply Chain Risk Management involves several activities to reduce supply chain risk including _ and _____.Fill in the blanks correctly.