Question 1

Nations have joined together to form trading groups with no

Accepted Answer

A) import tax. 
B) tariffs. 
C) duties. 
D) All of these answer choices are correct. 
A) import tax. 
B) tariffs. 
C) duties. 
D) All of these answer choices are correct.

Question 2

The _________________,also known as the 10+2 initiative,reduces terrorism by utilizing the latest tracking and tracing,and communication and reporting technologies.

Accepted Answer

A) security within initiative 
B) secure freight initiative 
C) secure borders initiative 
D) None of these answer choices is correct. 
A) security within initiative 
B) secure freight initiative 
C) secure borders initiative 
D) None of these answer choices is correct.

Question 3

Internet transportation exchanges bring together shippers who post __________ and carriers that post __________ in order to arrange shipments.

Accepted Answer

A) loads,capacity. 
B) capacity,loads 
C) loads,loads. 
D) capacity,capacity 
A) loads,capacity. 
B) capacity,loads 
C) loads,loads. 
D) capacity,capacity

Question 4

E-marketplaces are sites on the Internet where companies can find new business partners.

Accepted Answer

A) True 
 B)False

Question 5

Purchasing can be classified according to two broad categories: direct (manufacturing inputs)and indirect (operating inputs).

Accepted Answer

A) True 
 B)False

Question 6

______________ is a formal process of collecting,analyzing,cleansing,and classifying spending data.

Accepted Answer

A) Spend analysis 
B) Budget analysis 
C) Spend classifying 
D) Budget classifying 
A) Spend analysis 
B) Budget analysis 
C) Spend classifying 
D) Budget classifying

Question 7

Outsourcing and sourcing have the same meaning and are often used interchangeably.

Accepted Answer

A) True 
 B)False

Question 8

United States companies usually adhere to which of the following models for doing business in China?

Accepted Answer

A) Employ local third party trading agents. 
B) Develop a wholly owned foreign enterprise. 
C) Develop their own international procurement offices. 
D) All of these answer choices are correct. 
A) Employ local third party trading agents. 
B) Develop a wholly owned foreign enterprise. 
C) Develop their own international procurement offices. 
D) All of these answer choices are correct.

Question 9

Distribution outsourcing allows companies to focus on their core competencies.

Accepted Answer

A) True 
 B)False

Question 10

Benefits of e-procurement include all of the following except

Accepted Answer

A) lower prices. 
B) faster delivery. 
C) fewer transactions. 
D) reduced labor. 
A) lower prices. 
B) faster delivery. 
C) fewer transactions. 
D) reduced labor.

Question 11

For some manufacturing companies,transportation can run as much as _____________ of total production cost,and run as high as _____________ of revenue.

Accepted Answer

A) 20 percent,6 percent 
B) 30 percent,10 percent 
C) 40 percent,14 percent 
D) None of these answer choices is correct. 
A) 20 percent,6 percent 
B) 30 percent,10 percent 
C) 40 percent,14 percent 
D) None of these answer choices is correct.

Question 12

The selection of suppliers is called

Accepted Answer

A) sourcing. 
B) outsourcing. 
C) procurement. 
D) None of these answer choices is correct. 
A) sourcing. 
B) outsourcing. 
C) procurement. 
D) None of these answer choices is correct.

Question 13

Which of the following is not an obstacle to global supply chain management?

Accepted Answer

A) increased documentation 
B) differences in communication technology 
C) decreased delivery times 
D) different business practices 
A) increased documentation 
B) differences in communication technology 
C) decreased delivery times 
D) different business practices

Question 14

The decision to purchase goods and services that were produced in-house from an outside supplier is called

Accepted Answer

A) sourcing. 
B) outsourcing. 
C) procurement. 
D) None of these answer choices is correct. 
A) sourcing. 
B) outsourcing. 
C) procurement. 
D) None of these answer choices is correct.

Question 15

Globalization decreases the need for a well-planned domestic supply chains.

Accepted Answer

A) True 
 B)False

Question 16

Rival companies pooling their distribution resources to reduce cost are engaging in

Accepted Answer

A) collaborative logistics. 
B) distribution outsourcing. 
C) cross docking. 
D) None of these answer choices is correct. 
A) collaborative logistics. 
B) distribution outsourcing. 
C) cross docking. 
D) None of these answer choices is correct.

Question 17

Procurement involves the selection of a supplier.

Accepted Answer

A) True 
 B)False

Question 18

Moving production related operations from foreign countries back to domestic locations is called

Accepted Answer

A) reverse globalization. 
B) inverse trade agreements. 
C) The Nationalization of trade movement. 
D) None of these answer choices is correct. 
A) reverse globalization. 
B) inverse trade agreements. 
C) The Nationalization of trade movement. 
D) None of these answer choices is correct.

Question 19

One of the advantages of outsourcing is that firms can focus on their core competencies.

Accepted Answer

A) True 
 B)False

Question 20

_________________ companies use web-based technologies that directly link to customers' websites to eliminate obstacles to global trade.

Accepted Answer

A) International trade logistics (ITL) 
B) Global trade facilitators (GTF) 
C) International trade solutions (ITS) 
D) None of these answer choices is correct. 
A) International trade logistics (ITL) 
B) Global trade facilitators (GTF) 
C) International trade solutions (ITS) 
D) None of these answer choices is correct.

Exam 15: Global Supply Chain Procurement and Distribution

Nations have joined together to form trading groups with no

The _________________,also known as the 10+2 initiative,reduces terrorism by utilizing the latest tracking and tracing,and communication and reporting technologies.

Internet transportation exchanges bring together shippers who post __________ and carriers that post __________ in order to arrange shipments.

E-marketplaces are sites on the Internet where companies can find new business partners.

Purchasing can be classified according to two broad categories: direct (manufacturing inputs)and indirect (operating inputs).

______________ is a formal process of collecting,analyzing,cleansing,and classifying spending data.

Outsourcing and sourcing have the same meaning and are often used interchangeably.

United States companies usually adhere to which of the following models for doing business in China?

Distribution outsourcing allows companies to focus on their core competencies.

Benefits of e-procurement include all of the following except

For some manufacturing companies,transportation can run as much as _____________ of total production cost,and run as high as _____________ of revenue.

The selection of suppliers is called

Which of the following is not an obstacle to global supply chain management?

The decision to purchase goods and services that were produced in-house from an outside supplier is called

Globalization decreases the need for a well-planned domestic supply chains.

Rival companies pooling their distribution resources to reduce cost are engaging in

Procurement involves the selection of a supplier.

Moving production related operations from foreign countries back to domestic locations is called

One of the advantages of outsourcing is that firms can focus on their core competencies.

_________________ companies use web-based technologies that directly link to customers' websites to eliminate obstacles to global trade.

Introduction to Operations and Supply Chain Management

Supplement Operational Decision-Making Tools: Decision Analysis

Quality Management

Statistical Process Control

Supplement Operational Decision-Making Tools: Acceptance Sampling

Product Design

Service Design

Processes and Technology

Capacity and Facilities

Supplement Operational Decision-Making Tools: Facility Location Models

Human Resources

Supplement Operational Decision-Making Tools: Work Measurement

Project Management

Supply Chain Management Strategy and Design

Supplement Operational Decision-Making Tools: Transportation and Transshipment Models

Forecasting

Inventory Management

Supplement Operational Decision-Making Tools: Simulation

Sales and Operations Planning

Supplement Operational Decision-Making Tools: Linear Programming

Enterprise Resource Planning

Lean Systems

Scheduling

Filters

Internet transportation exchanges bring together shippers who post and carriers that post in order to arrange shipments.

For some manufacturing companies,transportation can run as much as _ of total production cost,and run as high as _ of revenue.