Question 1

Robotics focus on creating artificial intelligence devices that can move and react to sensory input.

Accepted Answer

A) True 
 B)False

Question 2

Procurement is the purchasing of goods and services to meet the needs of the supply chain.

Accepted Answer

A) True 
 B)False

Question 3

RFID uses electronic tags and labels to identify objects wirelessly over short distances.

Accepted Answer

A) True 
 B)False

Question 4

What is procurement?

Accepted Answer

A) The purchasing of goods and services to meet the needs of the supply chain. 
B) Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain. 
C) Includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing. 
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain. 
A) The purchasing of goods and services to meet the needs of the supply chain. 
B) Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain. 
C) Includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing. 
D) Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Question 5

Which of the following is not one of the five basic components of supply chain management?

Accepted Answer

A) Plan 
B) Source 
C) Cost 
D) Deliver 
A) Plan 
B) Source 
C) Cost 
D) Deliver

Question 6

Which of the following is not one of the five basic components of supply chain management?

Accepted Answer

A) Plan 
B) Source 
C) Analyze 
D) Deliver 
A) Plan 
B) Source 
C) Analyze 
D) Deliver

Question 7

Which of the following is not one of the five basic components of supply chain management?

Accepted Answer

A) Plan 
B) Source 
C) Sale 
D) Deliver 
A) Plan 
B) Source 
C) Sale 
D) Deliver

Question 8

In the basic supply chain, source refers to planning for transportation of goods to customers.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following questions can procurement help a company answer?

Accepted Answer

A) What is the quickest way to deliver products to our customers? 
B) What is the optimal way to place items in the warehouse for picking and packing? 
C) What is the optimal path to an item in the warehouse? 
D) How can we guarantee that our raw materials meet production needs? 
A) What is the quickest way to deliver products to our customers? 
B) What is the optimal way to place items in the warehouse for picking and packing? 
C) What is the optimal path to an item in the warehouse? 
D) How can we guarantee that our raw materials meet production needs?

Question 10

Which of the following represents the bullwhip effect?

Accepted Answer

A) Organizations know about employee events triggered downstream in the supply chain 
B) Customers receive distorted product demand information regarding sales information 
C) Distorted product-demand information ripples from one partner to the next throughout the supply chain 
D) The ability to view all areas up and down the supply chain 
A) Organizations know about employee events triggered downstream in the supply chain 
B) Customers receive distorted product demand information regarding sales information 
C) Distorted product-demand information ripples from one partner to the next throughout the supply chain 
D) The ability to view all areas up and down the supply chain

Question 11

Products are distributed to customers and their downstream customers at all levels.

Accepted Answer

A) True 
 B)False

Question 12

What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

Accepted Answer

A) Supply chain event management 
B) Selling chain management 
C) Collaborative engineering 
D) Collaborative demand planning 
A) Supply chain event management 
B) Selling chain management 
C) Collaborative engineering 
D) Collaborative demand planning

Question 13

RFID supports procurement.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following questions can procurement help a company answer?

Accepted Answer

A) What quantity of raw materials should we purchase to minimize spoilage? 
B) How can we guarantee that our raw materials meet production needs? 
C) At what price can we purchase materials to guarantee profitability? 
D) All of these. 
A) What quantity of raw materials should we purchase to minimize spoilage? 
B) How can we guarantee that our raw materials meet production needs? 
C) At what price can we purchase materials to guarantee profitability? 
D) All of these.

Question 15

A back order is an unfilled customer order for a product that is out of stock.

Accepted Answer

A) True 
 B)False

Question 16

What is inventory turnover?

Accepted Answer

A) An unfilled customer order for a product that is out of stock. 
B) The time it takes to manufacture a product and deliver it to the retailer. 
C) The agreed upon time between the purchase of a product and the delivery of the product. 
D) The frequency of inventory replacement. 
A) An unfilled customer order for a product that is out of stock. 
B) The time it takes to manufacture a product and deliver it to the retailer. 
C) The agreed upon time between the purchase of a product and the delivery of the product. 
D) The frequency of inventory replacement.

Question 17

Supply chain event management (SCEM) enables an organization to react more quickly to resolve supply chain issues.

Accepted Answer

A) True 
 B)False

Question 18

Plan, source, give, get, and return are the five basic supply chain management components.

Accepted Answer

A) True 
 B)False

Question 19

In which of the five basic supply chain activities do you support customers and product returns?

Accepted Answer

A) Plan 
B) Source 
C) Deliver 
D) Return 
A) Plan 
B) Source 
C) Deliver 
D) Return

Question 20

The customer's customer is upstream in the supply chain.

Accepted Answer

A) True 
 B)False

Exam 10: Extending the Organization Supply Chain Management

Robotics focus on creating artificial intelligence devices that can move and react to sensory input.

Procurement is the purchasing of goods and services to meet the needs of the supply chain.

RFID uses electronic tags and labels to identify objects wirelessly over short distances.

What is procurement?

Which of the following is not one of the five basic components of supply chain management?

Which of the following is not one of the five basic components of supply chain management?

Which of the following is not one of the five basic components of supply chain management?

In the basic supply chain, source refers to planning for transportation of goods to customers.

Which of the following questions can procurement help a company answer?

Which of the following represents the bullwhip effect?

Products are distributed to customers and their downstream customers at all levels.

What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

RFID supports procurement.

Which of the following questions can procurement help a company answer?

A back order is an unfilled customer order for a product that is out of stock.

What is inventory turnover?

Supply chain event management (SCEM) enables an organization to react more quickly to resolve supply chain issues.

Plan, source, give, get, and return are the five basic supply chain management components.

In which of the five basic supply chain activities do you support customers and product returns?

The customer's customer is upstream in the supply chain.

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Information Databases

Accessing Organizational Information Data Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organization Decision Making

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

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