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Exam (elaborations)

Assignment 5 MNB1601 questions & answers

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MNB1601 Quiz 5 questions and answers review

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  • May 12, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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5/12/24, 11:34 AM Assessment 5: Attempt review




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a. A tender which is no longer valid.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.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=19069428&cmid=845000 1/9

, 5/12/24, 11:34 AM Assessment 5: Attempt review

Question 3

Incorrect

Mark 0.00 out of 1.00




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.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=19069428&cmid=845000 2/9

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