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8/17/2019 scm_pq
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january 2016
Practice Questions
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Practice Questions Supply Chain Management
1 The coordination of all supply activities of an organisation from its suppliers and partners to its
customers is referred to as:
A. Efficient customer response
B. Supply and demand coordination
C.
Supply chain networkD. Supply chain management
2 An appropriate strategy to achieve the objective of optimising the productivity of retail space
and inventory is:
A. Efficient store assortments
B. Efficient replacement
C. Integrate this activity into all supply chain planning
D. Revision of organisation processes supported by information systems
3 Supply chain is based on customer responsiveness. What is customer responsiveness in relationto supply chain?
A. Tactical aim
B. Operational aim
C. Strategic aim
D. Performance evaluation
4 Supply chain management is all about designing and planning out the overall architecture of the
supply chain network and the value adding flows that go through it.
The key contents of such architecture design and planning includes all of the following except:A. Extent of vertical integration
B. Configuration
C. Strategic outsourcing
D. Marketing strategies
5 In considering a simple model of a supply chain, the correct sequence of an organisation's
supply chain from a systems perspective is:
A. Transformation process, acquisition of resources, delivery to customers
B. Transformation process, delivery of resources, acquisition of resources
C. Delivery to customers, acquisition of resources, transformation process
D. Acquisition of resources, transformation process, delivery to customers
6 Retrospectively supply chain management concept was implied as:
A. Purchasing and cost reduction activities
B. Purchasing activities
C. Cost reduction activities
D. Value added activities
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Practice Questions Supply Chain Management
7 Services can be classified in several ways. Which of the statements below is correct?
A. A popular way to classify services is based on their physical characteristics
B. The classification that distinguishes contact intensity, identifies three different services:
professional services, service shop and mass services
C.
The way in which a service is classified determines how the customer and supplier shouldinteract, after the contract has been closed
D. All the statements above are correct
8 Services are differentiated from goods by four basic characteristics. Which of the statements
below is not correct?
A. Intangibility relates to the fact that services cannot be touched
B. Homogeneity implies that service (exchange) can be standardized
C. Simultaneity relates to the fact that services are produced and consumed at the same time
D. Perishability, relates the fact that once a service is consumed it vanishes
9 Which of the following is not thought to be the rationale for the radical changes in traditional
business and modern business environment?
A. Heightened customer expectation
B. Globalisation
C. Popularity of outsourcing
D. Geopolitical factors
10 Which of the following definition of supply chain is most appropriate :
A. A group of inter-connected participating companies that add value to a stream of
transformed inputs from their source of origin to the end products or services that are
demanded by the designated end-consumers
B. A group of inter-connected participating companies that add value to a stream of
transformed inputs from market to the end products or services that are demanded by the
designated end-consumers
C. A group of inter-connected autonomous departments that add value to a stream of
transformed inputs from their source of origin to the end products or services that are
demanded by the designated end-consumers
D. A group of inter-connected groups of companies that add value to a stream of transformed
inputs from their source of origin to the end products or services that are demanded by the
parent company
11 Which of the following flows DOES NOT belong to the intrinsic flows of supply chain?
A. Data flow
B. Information flow
C. Commercial flow
D. Finance flow
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Practice Questions Supply Chain Management
12 Supply chain is usually viewed as a chain that has distinct characteristics than group of
companies.
Which of the following does not have resemblance with such characteristics?
A.
There has to be more than one participating companiesB. There is independence between the participating companies
C. Ownership is normally separate
D. Participating companies acts as middle companies despite adding value to products or
services
13 Which of the flows mentioned below may represent major areas of concerns and research
activities in the supply chain management?
A. Material flow, information flow, finance flow, commercial flow
B. Material flow, information flow, resource flow, command flow
C.
Material flow, information flow, finance flow, commercial flowD. Material flow, information flow, decision flow, commercial flow
14 A chocolate manufacturing supply chain will have the cocoa plucked from cocoa plantation
been transformed through the chain and end up to a pack of ‘CADBURY’ chocolate ties the
whole supply chain together and define its clear boundary.
Which of the following intrinsic values represent the above situation?
A. Material flow
B. Information flow
C.
Finance flowD. Commercial flow
15 The intrinsic flow that can run in both directions, i.e. upstream and downstream alike, is which of
the following:
A. Material flow
B. Information flow
C. Finance flow
D. Commercial flow
16 There are options for restructuring the supply chain. A characteristic of vertical integration is:
A.
Total reliance on linked third parties
B. Close relationships with suppliers
C. Majority of manufacture is in-house
D. Majority of manufacture is outsourced
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17 The typical aim of the pull from customer approach to supply chain management is:
A. To improve costs of distribution
B. Enhance product and service quality
C.
Optimise the production process for cost and efficiencyD. Promote information sharing between supply chain members
18 Single entity perspective of a supply chain is a very useful foundation for supply chain
integration and collaboration. State which one of the following intrinsic flows of a supply chain
represents the single entity concept?
A. Material flow
B. Information flow
C. Finance flow
D. Commercial flow
19 Within an organisation, material flows from one process to another but as no ownership
changes there is no ____________ flow.
A. Material flow
B. Information flow
C. Finance flow
D. Commercial flow
20 Is the end-consumer a part of the supply chain?
A. Yes, because consumer give the demand information
B. Yes, because consumer provide the final reward
C.
No, because consumer is the recipient of supply
D. Yes, because design information flow comes from consumer
21 Which one of the following is not a part of the conceptual components of supply chain
management?
A. Supply chain configuration
B. Supply chain relationship
C. Supply chain coordination
D. Supply chain framework
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22 Quality filter mapping is a tool used in supply chain management strategies. Which of the
following is INCORRECT regarding to quality filter mapping?
A. It is a tool designed to identify quality problems in the order fulfillment process or the
wider supply chain
B. The result of a Quality Filter Map shows how much waste is being generated within an
organisation at each stage of the process.
C. It is a tool designed to justify and prioritise quality problems in the order fulfillment process
or the wider supply chain.
D. Results of Quality Filter Mapping are commonly used to feed into continuous improvement
plans.
23 Supply chain configuration is about how a supply is constructed from all its participating firms.
Following are the factors that shape any particular supply chain, except:
A.
Downstream distribution channel
B. Quantity of OEM’s operations outsourced
C. Extent of vertical integration
D. NPI process and detailed financial information
24 A key characteristic of _________ supply chain is flexibility, which should be interpreted from two
side of supply chain.
A. global
B. lean
C. agile
D.
stable
25 Key performance indicator of agile supply chain operating environment is distinctly different
from any other supply chain, for example lean supply chain operating environment.
Which of the following is not a key performance indicator relevant for agile supply chain
operating environment?
A. Delivery lead time
B. Frequency of product up-grading
C. Service innovation and flexibility
D.
Number of product lines on stockout as percentage of total product lines
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26 Which is FALSE for outsourcing?
A. Outsourcing is relatively simple to understand as a concept, but is difficult to implement in
practice.
B. Outsourcing specific functions are viewed as critical for controlling costs
C. The functions that will see the greatest increase in outsourcing are product development,
supply chain planning and shared services
D. Outsourcing is relatively complex to understand as a concept, but is difficult to implement in
practice.
27 _______________, hardworking, well educated workforce and loyalty to the company become part
of the organizational culture.
A. High motivation
B. High remuneration
C.
High commitment
D. Good working environment
28 The process flow concept helps to see and understand the value stream of the ___________ and
the supply chain.
A. manufacture
B. work-in-progress
C. finished goods
D. production
29 Much of the supply chain design is determined by the extent of vertical integration. Which one
of the following is the appropriate definition of vertical integration?
A. Vertical integration is defined as the single ownership of consecutive activities along the
supply chain.
B. Vertical integration is defined as the group of consecutive activities along the supply chain.
C. Vertical integration is defined as the sequential activities along the supply chain
D. Vertical integration is defined as the schedule of consecutive activities along the supply
chain.
30 Bullwhip effect refers to a supply chain-wide phenomenon that modest change of customer
demand is distorted and amplified toward the upstream end of the supply chain resulting in
large variations of orders placed upstream. Basically the bullwhip effect has number of
characteristics.
Which of the following is not a bullwhip characteristic?
A. Oscillation
B. Amplification
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Practice Questions Supply Chain Management
C. Dynamic
D. Phase lag
31 The agile supply chain is essentially a practical approach to managing customer networks and
developing ___________ capabilities to satisfy the fast changing customer demand.
A.
RequiredB. Flexible
C. Probable
D. Rigid
32 Consider the following statements:
i. An OEM operates through a layered suppliers and distributers with medium and long-term
stability
ii. An OEM operates short-term stability and uses un-tiered suppliers and distributors.
Which of the above statement regarding supply chain configuration, when observed fromnetwork relationship perspective, is appropriate?
A. (i) = Dynamic network; (ii) = Stable network
B. (i) = Stable network; (ii) = Dynamic network
C. (i) = Stable network; (ii) = Stable network
D. (i) = Dynamic network; (ii) = Dynamic network
33 ______________ develop and make use of employee’s intellectual assets and everyone is
encouraged to make improvement suggestions. Which of the following best fill the gap?
A. Just-in-time manufacturing
B. Customer oriented manufacturing
C. Lean manufacturing
D. Original equipment manufacturing
34 Supplier selection involves a number of steps. Which of the following steps is not part of the
supplier selection process?
A. Determining a bidders’ list
B. Determining an order procedure
C. Comparison of the offers
D. An e-auction
35 Sharing of subcomponents across the product lines will lead to effective management of
inventories, consistent supplies and operational cost savings and can be achieved through which
of the following?
A. Products and material standardisation
B. Hiring well-trained shop floor operators
C. Hiring well-educated factory supervisor
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Practice Questions Supply Chain Management
D. Synchronising full operational activities
36 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“Customer service and customer value must be enshrined in the core organisational value; it
should become the culture and second nature for people to act on anything relate to the
customer and end-consumer at the highest priority”.
Which of the following suits the above explanation?
A. Strategy
B. Structure
C. Systems
D. Shared value
37 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“The leadership style adopted must fit the culture of customer orientation and customer-centric.
The leaders and management team should ‘walk the talk’ and become the role model in caring
about the customer”.
Which of the following suits the above explanation?
A. Style
B. Staff
C. Skills
D. Shared values
38 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“The employee and their capabilities are the assets of the organisation. People are the only active
force in caring and serving the customer. The change of organisational performance is almost
entirely dependent on the changes of people’s understanding, knowledge and attitude”.
Which of the following suits the above explanation?
A. Style
B. Staff
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C. Skills
D. Systems
39 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“The quality of the products, the level of customer satisfaction, rely on the skills of the workforce,
which in turn determines the organisation’s and supply chain’s competences in delivering the
products and services”.
Which of the following suits the above explanation?
A. Strategy
B. Structure
C. Systems
D. Skills
40 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“From the top of the organisation a customer oriented strategy must be drawn and put to be
communicated throughout the organisation. The strategy must include how the organisation
should align its strategy with the suppliers and customers to have the visibility and
responsiveness to the end-consumers’ demand”.
Which of the following suits the above explanation?
A. Strategy
B. Structure
C. Systems
D. Shared values
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41 ‘Mckinsey 7S framework’ is a model of organizational effectiveness that can be used for
transforming the organisation. To achieve a customer-centric supply chain, one of the elements
inclusive in ‘Mckinsey 7S framework’ has been explained as:
“For the organisation, horizontal dynamic structure that aligned to products and market segment
is more preferred that the vertical hierarchical reporting lines; for the supply chain, networked
flexible structure with small span of vertical integration is more responsive to the customer
demand”.
Which of the following suits the above explanation?
A. Strategy
B.
Structure
C. Systems
D. Shared values
42 Logistics ________ ________is a complement to the supply chain response matrix.
A. conceptual map
B. component map
C. pipeline map
D. statistical map
43 Lean production structure depends on which of the following factorsA. Pricing
B. Quantity
C. Delivery
D. Consistent supplier
44 What type of partnership generally tends to be adversarial?
A. Remote
B. Small
C. Large
D.
Close
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45 Consider the following statements concerning the ‘Triple- A’ supply chain model.
I. An organisation and its supply chain can embark on major strategic changes in technology,
market positioning, radical skill upgrading and competence shift.
I. A supply chain has been structured as such that it remains stable and align all the
complimentary resources.
Which of the following combination regarding the above statement is appropriate?
A. Statement (i) = Adaptability; Statement (ii) = Alignment
B. Statement (i) = Adaptability; Statement (ii) = Agility
C. Statement (i) = Alignment; Statement (ii) = Adaptability
D.
Statement (i) = Agility; Statement (ii) = Alignment
46 'The processes of transforming raw materials to finished product delivered to customer's refers
to:
A. The physical transformation task
B. The problem-solving task of value stream management
C. The information task
D. Value generation
47 Reliance on linked third parties, close relationships with suppliers defines:
A.
Vertical integrationB. Virtual integration
C. Vertical disintegration
D. None of the above
48 One choice for an organizers vertical integration strategy related to 'The balance among the
vertically integrated stages' is:
A. To what extent does each stage of the supply chain focus on supporting the immediate
supply chain?
B. How far should the company take downstream or upstream vertical integration?
C.
Should the company aim to direct ownership at the upstream or downstream supply chainD. None of the above
49 In a facility environment, a gap exists between the expectations of the internal client and the
purchasing department. Which of the statements below is correct?
A. The purchasing department considers timely delivery as a critical factor
B. The internal client considers quality as a critical factor
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C. The internal client considers a fast response time and feedback as a critical factor
D. The purchasing department considers flexibility and high accessibility as critical factors
50 Consider the statements below about the improvement of customer orientation of the (internal)
purchasing department:
I. In order to improve the service orientation of a purchasing department, the following steps
should be taken:
1. Analyze and document internal customer/product category combinations step-by-step.
2. Target setting.
3. Set up cross-functional buying teams and organizational structure.
4. Develop sourcing strategies.
5.
Implementation.
II. When a purchasing department does not live up to the expectations of the internal
client, internal clients may start doing their own purchases.
A. Both statements are correct.
B. Both statements are incorrect.
C. Statement I is correct and Statement II is incorrect.
D. Statement I is incorrect and Statement II is correct.
51 If observed carefully, one should realise that supply chain management is merely a part of
_________.A Finance
B Marketing Management
C Operations Management
D Human Resource Management
52 The term ‘supply chain management’ first appeared in ______.
A 1960s
B 1970s
C 1980s
D 1990s
53 Which is/are the most important goal of Supply Chain Management?
A Cost reduction
B Supplier selection
C Customer satisfaction
D Both A and C
54 What do you mean by OEM?
A Original Equipment Manufacturer
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B Original and Essential Market
C Order Entry Mail
D Ordered Equipment Manufacturer
55 Which flow is not an important factor for managing supply chains?
A Commercial flow
B Finance flow
C Marketing flow
D Information flow
56 The fundamental objective of Supply Chain Management is to _______.
A increase sales
B decrease cost
C add valueD create demand
57 The supply chain is composed of three parts
A Upstream-Middlestream-Downstream
B Upstream-Internal supply chain-Downstream
C Material-Information-Money
D Supplier-Contractor-Buyer
58 Upstream side includes ____________.
A distributors and customers
B duppliers and their suppliers
C the procurement departmentD customers
59 Downstream components include __________.
A customers
B suppliers
C subcontractors
D shareholders
60 For the internal supply chain, Materials Management is composed of _________.
A purchasing
B distribution and transportationC purchasing and Stock control
D operations
61 In a supply chain how can you relate logistics and distribution?
A Logistics is a part of distribution
B Distribution is a part of logistics
C Logistics and distribution are part of procurement
D Logistics is an upstream activity to distribution
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62 There are four major decision areas in supply chain management:
A 1) supplier, 2) production, 3) inventory, and 4) transportation (distribution)
B 1) location, 2) production, 3) warehouse, and 4) transportation (distribution)
C 1) location, 2) production, 3) inventory, and 4) transportation (distribution)
D 1) location, 2) factory, 3) processing, and 4) transportation (distribution)
63 Holding of inventories can cost anywhere between _________ percent of their value.
A 20 to 40
B 30 to 50
C 10 to 20
D 40 to 50
64 Shipping by sea or rail may be much cheaper, but they necessitate
A very effective supply chain manager.
B holding large inventory due to inflexible schedule.
C make the process fast.D special arrangement for packaging.
65 Which is NOT of the functions that are most difficult to bring under the umbrella of Supply
Chain Management are:
A Master production planning
B Sales forecasting
C Third party invoice payment/audit
D Procurement of materials
66 Now two major trends are benefiting Supply Chain Management operations. These are
A Customer service focus and robot technology
B Customer service focus and Information technologyC Process management focus and Information technology
D Customer service focus and diversification
67 Which is not a trend of Supply Chain Management in development
A From single enterprise to extended enterprise
B From operational to strategic viewpoint
C From consumer to customer viewpoint
D From local to regional, and from regional to global
68 Which is not an area where supply chain management can have a direct effect on corporate
valueA Fixed-capital efficiency
B Working-capital reductions
C Inventory turnover reduction
D Global tax minimisation
69 The Kearney consultants found that supply-chain inefficiencies could waste as much as ____
percent of a company's operating costs.
A 20
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B 25
C 30
D 35
70 Through the use of a third-party SCM provider, Nabico was able to consolidate six multi-vendor
loads into two truckloads. This is an example of
A Shipment consolidation
B Distribution network optimisation
C Cross docking
D Supplier management
71 Improvement of which of the below is not a reason of globalisation?
A Telecommunication
B InternetC Free trade
D Customer focus
72 Usually the activities in latter stages of the supply chain are
A Manufacturing oriented
B Security oriented
C Customer oriented
D Service oriented
73 Usually the activities in early stages of the supply chain are
A Manufacturing oriented
B Technology orientedC Service oriented
D Customer oriented
74 For a global supply chain, which of the below is the final thing you need to manage?
A border crossings
B multiple hand-offs
C information
D uncertainty
75 Sheffi and Peters both agree that there are certain elements that are required to manage any
supply chain regardless of whether it’s domestic or global.
Which of the below is NOT one of that element?
A Cost
B Visibility
C Technology
D Flexibility
76 “You need to know where the goods are,” - this is
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A Technology
B Customer focus
C Visibility
D Value
77 Which is the greatest challenge for global supply chain
A Managing the movement of goods
B Managing the movement of customers
C Managing the movement of fund
D Managing the movement of Information
78 With supply chain management in place, organisations can -
A increase productivity
B maximise cost-efficiency
C increase profitD All available options
79 Which of the below is not generally covered by the functionality of a supply chain software?
A Order Management
B Accounts Management
C Return Management
D Forecasting and Planning
80 Good inventory management minimises
A Overhead cost
B Storage cost
C Transportation costD Sales cost
81 Using software to effectively use procurement can -
A Better assess and manage vendors' performance
B Build stronger relationships with vendors
C None
D Both
82 Return management with supply chain management software in place automate the processing
of claims with
A SuppliersB Distributors
C Insurance companies
D All available options
83 Which of the below is not one of the Five Most Common Supply Chain Management Challenges
in a global supply chain according to Supply Chain Council (SCC)?
A Unable to apply the right metrics to manage supply chains effectively
B Difficulty prioritising supply chain improvement efforts
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C Complexity of supply chains
D Supply chain integration
84 What do you mean by complexity of supply chain?
A Difficulty to understand a supply chain
B When information sharing is difficult
C When variety of product, customer, supplier etc. is high
D When the SCM department is situated in a complex
85 Metrics are used to measure the performance of something. The problem of finding and
implementing the right metrics in supply chain management includes -
A agreeing on definitions and calculation of right metrics
B having too many metricsC difficulty in coordination
D difficulty in benchmarking
86 Why finding good supply chain talent is challenging?
A Supply Chain Management is a dull subject
B SCM requires all round multiple discipline knowledge
C Good universities do not teach SCM
D SCM talents hide themselves
87 Dimensions of global supply chain management challenges are
A Logistics-Procurement-Technology-Time
B Market-Finance-Operations-HRMC Market-Technology-Resource-Time
D Market-Information-Customer-Finance
88 Market dimension challenge comes from
A Fluctuation of demand
B Marketing related constraints
C Natural calamities and political violence
D Logistics shortcomings
89 If the challenge of time dimension is not handled properly
A Cost increasesB Profit increases
C Sales decreases
D Both A and C
90 Outsourcing or strategic outsourcing is commonly known as the
A “make-or-buy” decision
B “take-or-give” decision
C “plan-or-source” decision
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D “in-or-out” decision
91 Which is not a benefit of outsourcing a business process?
A Focus on core areas
B Save on infrastructure and technology
C Access to skilled resourcesD Increasing the sales of products
92 Which of the below is not a risk involved with offshore outsourcing?
A Poor communication
B Incorrect setting of expectations
C Disconnected control structures
D Increase of cost of production
93 Due to Bullwhip effect-
A Demand variability becomes magnified
B High buffer inventory builds up
C Results in poor customer serviceD All available options
94 Toyota Production System (TPS), now more commonly known as lean manufacturing. Which of
the below is the main goal of both lean manufacturing and TPS?
A Making the organisation lean and small
B Cost reduction by the elimination of waste
C Increase of sales by more customer focus
D Outsourcing most of the tasks to increase value
95 Lean manufacturing was designed and implemented
A In a short period
B In a long periodC From a book written by Takahashi Toyoda
D In a purpose built factory
96 Which one is NOT a disadvantage of mass production over lean production?
A Mass producer have to design the parts made by its suppliers
B Mass producer enjoys less product uniqueness
C Large inventories build up
D Mass production is slow
97 Which one is found in lean supply chain structure?
A High outsourcing and small supply baseB Low outsourcing and small supply base
C Low outsourcing and large supply base
D High outsourcing and large supply base
98 Which one is found in mass supply chain structure?
A High outsourcing and small supply base
B Low outsourcing and small supply base
C Low outsourcing and large supply base
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D High outsourcing and large supply base
99 Which is not from 1 of the ‘10 lean supply principles’?
A Single or dual sourcing only
B Early and close engagement with suppliers for NPI
C Willingness to share a substantial part of its proprietary informationD ‘Market price plus’ rather than ‘Supplier cost plus’
100 Lean producers will base its ranking and selection on a number of higher level performance
focused criteria rather than cost, which one is not one of those criteria?
A quality standard
B R&D capability
C delivery reliability
D low price
101 In lean supply chain, suppliers are willing to
A share substantial amount of proprietary information with the buyer
B share financial resources with the buyerC not share proprietary information
D not share production facility with the buyer
102 In lean supply chain management, cost is cut when it
A is also a waste
B is also a value
C is also a burden
D is also a risk
103 Which one is NOT one of the key drivers of lean supply chain?
A Demand Management
B Process StandardisationC Engaging People
D Economies of scale
104 Which one is NOT a lean process mapping tool?
A Value Stream Mapping
B Production variety funnel
C Quality filter mapping
D Total quality control
105 Which is not a reason behind the need of agility now a days?
A The global market is variety dominatedB The market differentiator is speed and responsiveness
C The market differentiator is cost and quality
D Product life cycle is short
106 In which business circumstances that the agile supply chain is worthwhile?
A high volume, low variety and more predictable operating environment
B low volume, high variety and more predictable operating environment
C low volume, high variety and more unpredictable operating environment
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D high volume, low variety and more unpredictable operating environment
107 To a truly agile business, volatility of demand is not a problem; because
A its management and board as well as its financial ability enable it to cope with whatever
demands are placed upon it.
B its processes and organisational structure as well as its supply chain relationships enable it
to cope with whatever demands are placed upon it.
C its values and organisational culture as well as its supply chain decisions enable it to cope
with whatever demands are placed upon it.
D its functions and business strategy as well as its supply chain elements enable it to cope
with whatever demands are placed upon it.
108 Which is not a characteristics of an agile supply chain?
A Market sensitive
B Virtual
C Process integration
D Function based
109 Which is not one of the organisational changes that are required to make an organisation ready
to operate in an agile supply chain?
A Decentralised operation
B Using ERP system
C Building large warehouses
D Identifying process short-cuts
110 Strategic alliance is defined as
A an informal or formal arrangement between two or more companies with a common
business objective.
B a formal merger between two or more companies with a common business objective.
C an informal or formal arrangement between two or more companies with separate
business objective
D an informal or formal joint venture arrangement between two or more companies with a
common business objective
111 Which is not one of the objectives of forming a strategic allianceA Sharing market risks
B Achieve economy of scale and economy of scope
C Joint development and collaboration
D Forming a new joint sister concern
112 According to Vanpoucke and Vereecke, which is not one of the three important behavioural
characteristics that affect an alliance’s performance
A its underlying attributes
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Practice Questions Supply Chain Management
B what is their objective
C how the partners communicate
D how they manage the relationship
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Practice Questions Supply Chain Management
SOLUTION
Question Answer Question Answer Question Answer Question Answer
1 D 31 B 61 B 91 D
2 A 32 B 62 C 92 D
3 C 33 C 63 A 93
4 D 34 B 64 B 94 B
5 D 35 A 65 D 95 B
6 A 36 D 66 B 96 D
7 D 37 A 67 C 97
8 B 38 B 68 C 98
9 C 39 D 69 B 99 D
10 A 40 A 70 A 100 D
11 A 41 B 71 D 101
12 D 42 A 72 D 102
13 C 43 C 73 A 103
14 A 44 D 74 C 104
15 B 45 A 75 A 105
16 C 46 A 76 C 106
17 B 47 C 77 D 107
18 C 48 A 78 D 108
19 D 49 C 79 B 109
20 C 50 D 80 B 110
21 D 51 B 81 D 111 D
22 C 52 C 82 D 112 B
23 D 53 D 83 D
24 C 54 A 84 C
25 D 55 C 85 C
26 D 56 86 B
27 C 57 B 87 C
28 D 58 B 88 A
29 A 59 A 89 D
30 C 60 C 90 A