Question 1

The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.

Accepted Answer

A)  Intrafunctional scope 
B)  Intraoperation scope 
C)  Interfunctional scope 
D)  Intercompany scope 
A)  Intrafunctional scope 
B)  Intraoperation scope 
C)  Interfunctional scope 
D)  Intercompany scope

Question 2

A company's product development strategy defines the set of customer needs that it seeks to satisfy through its products and services.

Accepted Answer

A) True 
 B)False

Question 3

One motivation for companies to shed noncore functions to their supply chains has been to

Accepted Answer

A)  increase supply chain membership and participation. 
B)  increase supply chain complexity to ease supply chain alignment. 
C)  maximize focus on local objectives. 
D)  take advantage of supplier and customer competencies that they did not possess. 
A)  increase supply chain membership and participation. 
B)  increase supply chain complexity to ease supply chain alignment. 
C)  maximize focus on local objectives. 
D)  take advantage of supplier and customer competencies that they did not possess.

Question 4

Risks and opportunities have increased for supply chains due to

Accepted Answer

A)  the decreasing value of the U.S. dollar. 
B)  increasing globalization. 
C)  the increasing population. 
D)  a decline in energy prices. 
A)  the decreasing value of the U.S. dollar. 
B)  increasing globalization. 
C)  the increasing population. 
D)  a decline in energy prices.

Question 5

A company's competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services.

Accepted Answer

A) True 
 B)False

Question 6

Which element in the value chain is responsible for transforming inputs into outputs?

Accepted Answer

A)  Operations 
B)  Marketing 
C)  Distribution 
D)  All elements of the value chain do this. 
A)  Operations 
B)  Marketing 
C)  Distribution 
D)  All elements of the value chain do this.

Question 7

The uncertainty of customer demand for a product is the

Accepted Answer

A)  rate of strategic uncertainty. 
B)  demand uncertainty. 
C)  implied demand uncertainty. 
D)  average forecast error. 
A)  rate of strategic uncertainty. 
B)  demand uncertainty. 
C)  implied demand uncertainty. 
D)  average forecast error.

Question 8

Which of the following determines the nature of procurement of raw materials, transportation of materials to and from the company, manufacture of the product or operation to provide the service, and distribution of the product to the customer along with follow-up service?

Accepted Answer

A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy 
A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy

Question 9

Supply chain responsiveness includes the ability to do which of the following?

Accepted Answer

A)  Handle supply uncertainty 
B)  Understand customers and supply chain uncertainty 
C)  Match supply chain responsiveness with the implied uncertainty of demand 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness 
A)  Handle supply uncertainty 
B)  Understand customers and supply chain uncertainty 
C)  Match supply chain responsiveness with the implied uncertainty of demand 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness

Question 10

The curve that shows the lowest possible cost for a given level of responsiveness is referred to as the

Accepted Answer

A)  supply chain responsiveness curve. 
B)  supply chain efficiency curve. 
C)  cost-responsiveness efficient frontier. 
D)  responsiveness spectrum. 
A)  supply chain responsiveness curve. 
B)  supply chain efficiency curve. 
C)  cost-responsiveness efficient frontier. 
D)  responsiveness spectrum.

Question 11

A company's supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product.

Accepted Answer

A) True 
 B)False

Question 12

A company's supply chain strategy

Accepted Answer

A)  defines the set of customer needs that it seeks to satisfy through its products and services. 
B)  specifies the portfolio of new products that it will try to develop. 
C)  specifies how the market will be segmented and how the product will be positioned, priced, and promoted. 
D)  determines the nature of procurement and transportation of materials as well as manufacture and distribution of the product. 
A)  defines the set of customer needs that it seeks to satisfy through its products and services. 
B)  specifies the portfolio of new products that it will try to develop. 
C)  specifies how the market will be segmented and how the product will be positioned, priced, and promoted. 
D)  determines the nature of procurement and transportation of materials as well as manufacture and distribution of the product.

Question 13

The degree of supply chain responsiveness should be consistent with the implied uncertainty.

Accepted Answer

A) True 
 B)False

Question 14

The relationship where increasing implied uncertainty from customers and supply sources is best served by increasing responsiveness from the supply chain is known as the

Accepted Answer

A)  implied uncertainty spectrum. 
B)  responsiveness spectrum. 
C)  uncertainty/responsiveness map. 
D)  zone of strategic fit. 
A)  implied uncertainty spectrum. 
B)  responsiveness spectrum. 
C)  uncertainty/responsiveness map. 
D)  zone of strategic fit.

Question 15

Supply chain responsiveness includes the ability to do which of the following?

Accepted Answer

A)  Understand customers and supply chain 
B)  Meet a very high service level 
C)  Match supply chain responsiveness with the implied uncertainty of demand 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness 
A)  Understand customers and supply chain 
B)  Meet a very high service level 
C)  Match supply chain responsiveness with the implied uncertainty of demand 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness

Question 16

Scope of strategic fit refers to both the

Accepted Answer

A)  function within the firm and the satisfaction of the customer. 
B)  satisfaction of the customer and the profits returned to the shareholders. 
C)  function within the firm and stages across the supply chain. 
D)  profits returned to the shareholders and the stages across the supply chain. 
A)  function within the firm and the satisfaction of the customer. 
B)  satisfaction of the customer and the profits returned to the shareholders. 
C)  function within the firm and stages across the supply chain. 
D)  profits returned to the shareholders and the stages across the supply chain.

Question 17

The value chain consists of direct and indirect activities. Which of the following is an indirect activity for an enterprise?

Accepted Answer

A)  Marketing 
B)  Distribution 
C)  Human Resources 
D)  Service 
A)  Marketing 
B)  Distribution 
C)  Human Resources 
D)  Service

Question 18

Over the past several decades

Accepted Answer

A)  the life cycle of products has increased. 
B)  most firms have become more vertically integrated. 
C)  the number of owners per supply chain has increased. 
D)  product variety has decreased. 
A)  the life cycle of products has increased. 
B)  most firms have become more vertically integrated. 
C)  the number of owners per supply chain has increased. 
D)  product variety has decreased.

Question 19

Intercompany scope is broader than intrafunctional scope.

Accepted Answer

A) True 
 B)False

Question 20

Over the past several decades, the supply chains of most firms have become easier to coordinate.

Accepted Answer

A) True 
 B)False

The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.

A company's product development strategy defines the set of customer needs that it seeks to satisfy through its products and services.

One motivation for companies to shed noncore functions to their supply chains has been to

Risks and opportunities have increased for supply chains due to

A company's competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services.

Which element in the value chain is responsible for transforming inputs into outputs?

The uncertainty of customer demand for a product is the

Which of the following determines the nature of procurement of raw materials, transportation of materials to and from the company, manufacture of the product or operation to provide the service, and distribution of the product to the customer along with follow-up service?

Supply chain responsiveness includes the ability to do which of the following?

The curve that shows the lowest possible cost for a given level of responsiveness is referred to as the

A company's supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product.

A company's supply chain strategy

The degree of supply chain responsiveness should be consistent with the implied uncertainty.

The relationship where increasing implied uncertainty from customers and supply sources is best served by increasing responsiveness from the supply chain is known as the

Supply chain responsiveness includes the ability to do which of the following?

Scope of strategic fit refers to both the

The value chain consists of direct and indirect activities. Which of the following is an indirect activity for an enterprise?

Over the past several decades

Intercompany scope is broader than intrafunctional scope.

Over the past several decades, the supply chains of most firms have become easier to coordinate.

Understanding the Supply Chain

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

Filters

Exam 2: Supply Chain Performance: Achieving Strategic Fit and Scope

The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.

A company's product development strategy defines the set of customer needs that it seeks to satisfy through its products and services.

One motivation for companies to shed noncore functions to their supply chains has been to

Risks and opportunities have increased for supply chains due to

A company's competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services.

Which element in the value chain is responsible for transforming inputs into outputs?

The uncertainty of customer demand for a product is the

Which of the following determines the nature of procurement of raw materials, transportation of materials to and from the company, manufacture of the product or operation to provide the service, and distribution of the product to the customer along with follow-up service?

Supply chain responsiveness includes the ability to do which of the following?

The curve that shows the lowest possible cost for a given level of responsiveness is referred to as the

A company's supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product.

A company's supply chain strategy

The degree of supply chain responsiveness should be consistent with the implied uncertainty.

The relationship where increasing implied uncertainty from customers and supply sources is best served by increasing responsiveness from the supply chain is known as the

Supply chain responsiveness includes the ability to do which of the following?

Scope of strategic fit refers to both the

The value chain consists of direct and indirect activities. Which of the following is an indirect activity for an enterprise?

Over the past several decades

Intercompany scope is broader than intrafunctional scope.

Over the past several decades, the supply chains of most firms have become easier to coordinate.

Understanding the Supply Chain

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

Filters