Question 1

The six-step process for green sourcing does not include which of the following?

Accepted Answer

A) Assess the opportunity. 
B) Assess the supply base. 
C) Confer with environmental groups. 
D) Engage sourcing agents. 
E) Institutionalize the sourcing strategy. 
A) Assess the opportunity. 
B) Assess the supply base. 
C) Confer with environmental groups. 
D) Engage sourcing agents. 
E) Institutionalize the sourcing strategy.

Question 2

Which of the following is an improvement-driven reason for outsourcing?

Accepted Answer

A) Shorten cycle time. 
B) Improve effectiveness by focusing on what the firm does best. 
C) Increase product and service value by improving response to customer needs. 
D) Turn fixed costs into variable costs. 
E) Reduce costs through a lower cost structure. 
A) Shorten cycle time. 
B) Improve effectiveness by focusing on what the firm does best. 
C) Increase product and service value by improving response to customer needs. 
D) Turn fixed costs into variable costs. 
E) Reduce costs through a lower cost structure.

Question 3

In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs and specificity (assume levels as short, medium and long for contract duration and for the rest, low, medium and high).Vendor managed inventory belongs to

Accepted Answer

A) long contract duration, high transaction costs and low specificity. 
B) short contract duration, high transaction costs and low specificity. 
C) long contract duration, low transaction costs and low specificity. 
D) long contract duration, high transaction costs and high specificity. 
E) long contract duration, low transaction costs and high specificity. 
A) long contract duration, high transaction costs and low specificity. 
B) short contract duration, high transaction costs and low specificity. 
C) long contract duration, low transaction costs and low specificity. 
D) long contract duration, high transaction costs and high specificity. 
E) long contract duration, low transaction costs and high specificity.

Question 4

An important opportunity in green sourcing is waste reduction opportunities.

Accepted Answer

A) True 
 B)False

Question 5

Warranty costs are part of (choose the most appropriate)

Accepted Answer

A) Acquisition cost 
B) Total cost of ownership 
C) post-ownership costs 
D) B and C 
E) None of the above 
A) Acquisition cost 
B) Total cost of ownership 
C) post-ownership costs 
D) B and C 
E) None of the above

Question 6

Overemphasis on purchase price frequently results in failure to address other significant costs.

Accepted Answer

A) True 
 B)False

The six-step process for green sourcing does not include which of the following?

Which of the following is an improvement-driven reason for outsourcing?

In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs and specificity (assume levels as short, medium and long for contract duration and for the rest, low, medium and high).Vendor managed inventory belongs to

An important opportunity in green sourcing is waste reduction opportunities.

Warranty costs are part of (choose the most appropriate)

Overemphasis on purchase price frequently results in failure to address other significant costs.

Introduction

Strategy

Project Management

Design of Products and Services

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters

Exam 16: Global Sourcing and Procurement

The six-step process for green sourcing does not include which of the following?

Which of the following is an improvement-driven reason for outsourcing?

In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs and specificity (assume levels as short, medium and long for contract duration and for the rest, low, medium and high).Vendor managed inventory belongs to

An important opportunity in green sourcing is waste reduction opportunities.

Warranty costs are part of (choose the most appropriate)

Overemphasis on purchase price frequently results in failure to address other significant costs.

Introduction

Strategy

Project Management

Design of Products and Services

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters