MNB1601-24-S1 Welcome to MNB1601! Assessment 5
QUIZ
Started on Sunday, 12 May 2024, 11:06 AM
State Finished
Completed on Sunday, 12 May 2024, 11:34 AM
Time taken 27 mins 35 secs
Marks 16.00/25.00
Grade 64.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Purchasing and supply __________ involves the creation of a structure of responsibility and authority for the purchasing and
supply function.
Select one:
a. organising
b. planning
c. leading
d. control
The correct answer is: organising
Question 2
Correct
Mark 1.00 out of 1.00
Which one of the following best describes a closed tender?
Select one:
a. A tender which is no longer valid.
b. A tender where the due date has lapsed, but no outcome was reached.
c. A tender where only specific suppliers were requested to tender.
d. A tender where an agreeable outcome was reached.
The correct answer is: A tender where only specific suppliers were requested to tender.
In modern organisations like Toyota the purchasing function forms an inherent and integrative part of an integrated supply
chain. A supply chain consists of purchasing (inputs or sourcing), the operational process (assembling or transformation)
and distribution of half-finished or finished consumer goods. Maintaining the purchasing and supply system of Toyota will
occur at the ______________ level of purchasing and supply planning.
Select one:
a. strategic
b. tactical
c. middle-management
d. operations
The correct answer is: operations
Question 4
Correct
Mark 1.00 out of 1.00
____________ cost includes the cost of storage, salaries of warehouse staff and wear and tear.
Select one:
a. Total inventory
b. Inventory-ordering
c. Inventory-carrying
d. Warehousing
The correct answer is: Inventory-carrying
Question 5
Correct
Mark 1.00 out of 1.00
For which one of the following options is stores reception responsible for?
Select one:
a. Checking the quantities and condition of materials received.
b. Ensuring that the correct quantities of materials are ordered.
c. Communicating with suppliers.
d. Filing all documentation with regard to the order.
The correct answer is: Checking the quantities and condition of materials received.
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