Question 1

One standard which is measured in environmental supplier certification is:

Accepted Answer

A)  The number of trucks owned by the supplier 
B)  Technology investment by the supplier 
C)  The suppliers' recycled content 
D)  The number of on-time deliveries 
A)  The number of trucks owned by the supplier 
B)  Technology investment by the supplier 
C)  The suppliers' recycled content 
D)  The number of on-time deliveries

Question 2

Which of the following is a trend in ethical and sustainable sourcing?

Accepted Answer

A)  Using suppliers who are reducing their carbon footprint 
B)  Discontinuing purchases from firms that use unacceptable labor practices 
C)  Reducing the number of delivery miles traveled 
D)  All of these 
A)  Using suppliers who are reducing their carbon footprint 
B)  Discontinuing purchases from firms that use unacceptable labor practices 
C)  Reducing the number of delivery miles traveled 
D)  All of these

Question 3

The use of environmental supplier certification programs assists companies by which of the following?

Accepted Answer

A)  Identifying strategic alliance candidates 
B)  Identifying companies who are the most popular with consumers 
C)  Helping communities who are in jeopardy of plant closures 
D)  All of the above 
A)  Identifying strategic alliance candidates 
B)  Identifying companies who are the most popular with consumers 
C)  Helping communities who are in jeopardy of plant closures 
D)  All of the above

Question 4

What is the purpose of supplier certification programs? Describe a certification program that would help companies who are looking for ethical and sustainable suppliers.

Accepted Answer

-Ethical and sustainable supplier certif

Question 5

Developing a collaborative negotiation infrastructure includes four steps: build a preparation process, develop a negotiation database, design a negotiation launch process, and institute a feedback mechanism.

Accepted Answer

A) True 
 B)False

Question 6

Answer the following 3 questions:
a.Why would a firm want to assess their sourcing capabilities?
b.List FIVE assessment criteria to evaluate the purchasing department's performance.
c.What kind of performance tool can be used to assess the criteria listed?

Accepted Answer

a.Why would a firm want to assess their

Question 7

A negotiation where both sides work together to maximize the joint outcome or to create a joint optimal result is referred to as:

Accepted Answer

A)  Distributive negotiations 
B)  Win-win negotiations 
C)  Optimal review period 
D)  DMAIC improvement cycle 
A)  Distributive negotiations 
B)  Win-win negotiations 
C)  Optimal review period 
D)  DMAIC improvement cycle

Question 8

Which of the following can be used as a punishment for suppliers that perform poorly?

Accepted Answer

A)  Elimination of future business with the focal firm 
B)  Downgrade the supplier's status 
C)  Billback penalty 
D)  All of these 
A)  Elimination of future business with the focal firm 
B)  Downgrade the supplier's status 
C)  Billback penalty 
D)  All of these

Question 9

Which of the following is NOT a step suggested in the Supply Chain Sourcing Strategy Framework?

Accepted Answer

A)  Establish corporate ethical and sustainable sourcing policies 
B)  Certify suppliers as ISO 9001 compliant 
C)  Develop a performance measurement system 
D)  Prioritize items based on ethical and sustainability opportunities and ease of implementation. 
A)  Establish corporate ethical and sustainable sourcing policies 
B)  Certify suppliers as ISO 9001 compliant 
C)  Develop a performance measurement system 
D)  Prioritize items based on ethical and sustainability opportunities and ease of implementation.

Question 10

Criteria to evaluate a purchasing department's performance should include both quantitative and qualitative assessments.

Accepted Answer

A) True 
 B)False

Question 11

Sustainability reporting is ______________ for American companies:

Accepted Answer

A)  Required in the U.S. 
B)  Mandated quarterly 
C)  Required every 3 years 
D)  Largely a voluntary effort 
A)  Required in the U.S. 
B)  Mandated quarterly 
C)  Required every 3 years 
D)  Largely a voluntary effort

Question 12

Functional products are characterized by low profit margins, relatively stable demands, and high levels of competition.

Accepted Answer

A) True 
 B)False

Question 13

In designing an ethical and sustainable strategy a firm might make use of which of the following?

Accepted Answer

A)  Hire more supervisors to address problems quickly 
B)  Use performance measures to identify weaknesses 
C)  Create many short term relationships with suppliers 
D)  All of these 
A)  Hire more supervisors to address problems quickly 
B)  Use performance measures to identify weaknesses 
C)  Create many short term relationships with suppliers 
D)  All of these

Question 14

It is important for firms to addresses the impact of ethical and sustainable sourcing on other facets of the organization and its trading partners.

Accepted Answer

A) True 
 B)False

Question 15

A fair trade product refers to one that is manufactured or grown by a disadvantaged producer in a developing country that receives for its goods.

Accepted Answer

A)  Bitcoin 
B)  A fair price 
C)  An imported product 
D)  Freedom of association 
A)  Bitcoin 
B)  A fair price 
C)  An imported product 
D)  Freedom of association

Question 16

Explain why sourcing practices are benchmarked.Provide TWO examples of resources available for firms seeking to implement successful sourcing practices.

Accepted Answer

- Sourcing practices are benchmarked to

Question 17

Which of the following is true of today's purchasing staff members?

Accepted Answer

A)  They are viewed as strategic internal suppliers of the organization 
B)  They are expected to generate cost savings for the organization 
C)  They are expected to generate service and quality enhancements for the organization 
D)  All the above 
A)  They are viewed as strategic internal suppliers of the organization 
B)  They are expected to generate cost savings for the organization 
C)  They are expected to generate service and quality enhancements for the organization 
D)  All the above

Question 18

Creating strategic supplier alliances benefits firms by increasing the performance and value of suppliers as well as increasing brand awareness.

Accepted Answer

A) True 
 B)False

Question 19

The Ethical Trading Initiative (ETI) does NOT include which of the following:

Accepted Answer

A)  Workers receive a 30 minute break for an 8 hour shift 
B)  Working hours are not excessive 
C)  Regular employment is provided 
D)  Freedom of association and the right to collective bargaining are respected 
A)  Workers receive a 30 minute break for an 8 hour shift 
B)  Working hours are not excessive 
C)  Regular employment is provided 
D)  Freedom of association and the right to collective bargaining are respected

Question 20

Reverse logistics has become an important trend in ethical and sustainable sourcing.

Accepted Answer

A) True 
 B)False

One standard which is measured in environmental supplier certification is:

Which of the following is a trend in ethical and sustainable sourcing?

The use of environmental supplier certification programs assists companies by which of the following?

What is the purpose of supplier certification programs? Describe a certification program that would help companies who are looking for ethical and sustainable suppliers.

Developing a collaborative negotiation infrastructure includes four steps: build a preparation process, develop a negotiation database, design a negotiation launch process, and institute a feedback mechanism.

Answer the following 3 questions: a.Why would a firm want to assess their sourcing capabilities? b.List FIVE assessment criteria to evaluate the purchasing department's performance. c.What kind of performance tool can be used to assess the criteria listed?

A negotiation where both sides work together to maximize the joint outcome or to create a joint optimal result is referred to as:

Which of the following can be used as a punishment for suppliers that perform poorly?

Which of the following is NOT a step suggested in the Supply Chain Sourcing Strategy Framework?

Criteria to evaluate a purchasing department's performance should include both quantitative and qualitative assessments.

Sustainability reporting is ______________ for American companies:

Functional products are characterized by low profit margins, relatively stable demands, and high levels of competition.

In designing an ethical and sustainable strategy a firm might make use of which of the following?

It is important for firms to addresses the impact of ethical and sustainable sourcing on other facets of the organization and its trading partners.

A fair trade product refers to one that is manufactured or grown by a disadvantaged producer in a developing country that receives for its goods.

Explain why sourcing practices are benchmarked.Provide TWO examples of resources available for firms seeking to implement successful sourcing practices.

Which of the following is true of today's purchasing staff members?

Creating strategic supplier alliances benefits firms by increasing the performance and value of suppliers as well as increasing brand awareness.

The Ethical Trading Initiative (ETI) does NOT include which of the following:

Reverse logistics has become an important trend in ethical and sustainable sourcing.

Introduction to Supply Chain Management

Purchasing Management

Creating and Managing Supplier Relationships

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management: Lean and Six Sigma in the Supply Chain

Domestic U.S.and Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters

Exam 4: Ethical and Sustainable Sourcing

One standard which is measured in environmental supplier certification is:

Which of the following is a trend in ethical and sustainable sourcing?

The use of environmental supplier certification programs assists companies by which of the following?

What is the purpose of supplier certification programs? Describe a certification program that would help companies who are looking for ethical and sustainable suppliers.

Developing a collaborative negotiation infrastructure includes four steps: build a preparation process, develop a negotiation database, design a negotiation launch process, and institute a feedback mechanism.

Answer the following 3 questions: a.Why would a firm want to assess their sourcing capabilities? b.List FIVE assessment criteria to evaluate the purchasing department's performance. c.What kind of performance tool can be used to assess the criteria listed?

A negotiation where both sides work together to maximize the joint outcome or to create a joint optimal result is referred to as:

Which of the following can be used as a punishment for suppliers that perform poorly?

Which of the following is NOT a step suggested in the Supply Chain Sourcing Strategy Framework?

Criteria to evaluate a purchasing department's performance should include both quantitative and qualitative assessments.

Sustainability reporting is ______________ for American companies:

Functional products are characterized by low profit margins, relatively stable demands, and high levels of competition.

In designing an ethical and sustainable strategy a firm might make use of which of the following?

It is important for firms to addresses the impact of ethical and sustainable sourcing on other facets of the organization and its trading partners.

A fair trade product refers to one that is manufactured or grown by a disadvantaged producer in a developing country that receives for its goods.

Explain why sourcing practices are benchmarked.Provide TWO examples of resources available for firms seeking to implement successful sourcing practices.

Which of the following is true of today's purchasing staff members?

Creating strategic supplier alliances benefits firms by increasing the performance and value of suppliers as well as increasing brand awareness.

The Ethical Trading Initiative (ETI) does NOT include which of the following:

Reverse logistics has become an important trend in ethical and sustainable sourcing.

Introduction to Supply Chain Management

Purchasing Management

Creating and Managing Supplier Relationships

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management: Lean and Six Sigma in the Supply Chain

Domestic U.S.and Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

Filters