100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Supply Chain Management 5 edition chopra chapter 17 $3.75   Add to cart

Exam (elaborations)

Supply Chain Management 5 edition chopra chapter 17

 327 views  2 purchases
  • Course
  • Institution

Supply Chain Management 5 edition chopra chapter 17 test bank

Preview 2 out of 18  pages

  • October 26, 2015
  • 18
  • 2014/2015
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Supply Chain Management, 5e (Chopra/Meindl)
Chapter 17 Information Technology in a Supply Chain

17.1 True/False Questions

1) Information is crucial to the performance of a supply chain because it provides the basis upon
which supply chain managers make decisions.
Answer: TRUE
Diff: 1
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Use of Information Technology
Learning Outcome: Compare common approaches to supply chain design

2) Information is the supply chain driver that serves as the glue allowing the other three drivers
to work together to create an integrated, coordinated supply chain.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Use of Information Technology
Learning Outcome: Compare common approaches to supply chain design

3) Information makes the supply chain visible to a manager so that he can make decisions to
improve the supply chain's performance.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Use of Information Technology
Learning Outcome: Compare common approaches to supply chain design

4) Information must be 100 percent correct in order to make good decisions.
Answer: FALSE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Analytic Skills
Learning Outcome: Compare common approaches to supply chain design

5) To make good decisions, a manager needs to have accurate information regardless of how
long it takes to acquire it.
Answer: FALSE
Diff: 3
Topic: 17.1 The Role of IT in a Supply Chain
Learning Outcome: Compare common approaches to supply chain design




17-1

, 6) Often companies will have large amounts of data that are not helpful with decision making.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
Learning Outcome: Compare common approaches to supply chain design

7) The driver of IT in the supply chain has increasingly been the enterprise software developed to
enable processes both within and across companies.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Use of Information Technology
Learning Outcome: Compare common approaches to supply chain design

8) The unsuccessful categories of software will be those focused on the supply chain macro
processes.
Answer: FALSE
Diff: 1
Topic: 17.1 The Role of IT in a Supply Chain
Learning Outcome: Compare common approaches to supply chain design

9) This broadening of scope across which companies make decisions emphasizes the importance
of including processes all along the supply chain when making decisions.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
Learning Outcome: Compare common approaches to supply chain design

10) To increase the supply chain surplus (and therefore their firm's own profitability) most
effectively, firms must focus primarily on improving internal processes.
Answer: FALSE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Analytic Skills
Learning Outcome: Compare common approaches to supply chain design

11) Functional performance is important to customers because it provides them with capabilities
to create a competitive advantage.
Answer: TRUE
Diff: 2
Topic: 17.1 The Role of IT in a Supply Chain
AACSB: Analytic Skills
Learning Outcome: Compare common approaches to supply chain design




17-2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller smith2324. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.75. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.75  2x  sold
  • (0)
  Add to cart