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MNB1601 Assignment 6 2024 | Due 4 November 2024
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MNB1601 Assignment 6 Due 4 November 2024
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Started on Sunday, 25 August 2024, 10:26 PMState Finished
Completed on Sunday, 25 August 2024, 10:44 PM
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Question 1
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During supplier selection, it is expected that an assurance of data protection will become an important
consideration. Other considerations include past performance and quality which are considered during
the __________________ .
Select one:
a.
compilation of a list of suppliers
b.
shortlisting of suppliers
c.
final choice of supplier
d.
evaluation of supplier performance
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The correct answer is: final choice of supplier
Question 2
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Bidvest International Logistics (BIL), which provides an end-to-end supply-chain solution across a
number of different industries, including essential services in the retail, healthcare and perishables
sectors, noticed that some clients increased stock levels in preparation for future supply constraints, while
volumes for clients providing non-essential services lessened during the Covid-19 pandemic. The
temporary increase in stock levels in preparation of future supply constraints through the purchasing and
supply system would have occurred at which level of purchasing and supply planning?
Select one:
a.
Strategic level
b.
Tactical level
c.
Operations level
,d.
This would have occurred without any purchasing and supply planning.
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The correct answer is: Tactical level
Question 3
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The execution of a cost leadership strategy the past few years has lured Toyota to rush into relationships
with suppliers it has not adequately vetted. Supplier selection is an ongoing process and should be used
with discretion to avoid recalls. Once a supplier has been selected it is important to continuously evaluate
their performance. The objective evaluation of supplier performance is important as it ____________ .
Select one:
a.
identifies effective suppliers
b.
leads to an improvement in supplier performance
c.
serves as guideline for performance management
d.
identifies inventory control problems
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The correct answer is: leads to an improvement in supplier performance
Question 4
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External customers all have different wants and have five basic needs. Which one of the following is
NOT a basic need of an external customer?
Select one:
a.
Service
b.
Price
c.
Responsiveness
d.
Action
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,The correct answer is: Responsiveness
Question 5
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By appointing an existing staff member, Lots of Computers would gain which one of the following
advantages?
Select one:
a.
Career planning becomes possible.
b.
An active effort is made to obtain the right person for the job.
c.
The opportunity is created to bring in new ideas.
d.
Personal competition is increased which leads to better cooperation.
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The correct answer is: Career planning becomes possible.
Question 6
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The sustainability of suppliers is important for Toyota. Sustainability means firstly, that the supplier must
be a viable business and the business must be able to adapt and survive into the future. Therefore, Toyota
does not only purchase parts from suppliers, Toyota also develops suppliers’ capabilities. The selection
of Toyota’s suppliers forms a crucial part of purchasing and supply management. Which one of the
following would occur last during the selection process?
Select one:
a.
A shortlist is compiled.
b.
Continuous evaluation of supplier performance.
c.
Final choice of the supplier is made.
d.
Requests for quotes are submitted.
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The correct answer is: Continuous evaluation of supplier performance.
Question 7
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Which one of the following options best represents Channel 4 as a distribution channel?
Select one:
a.
The first wholesaler obtains a specific product from numerous producers and then sells the product to the
second wholesaler.
b.
Wholesalers sell directly to the final consumer.
c.
The classic indirect-distribution channel that is still regarded as the most effective.
d.
A direct-distribution channel where the product is sold directly to the final consumer by the producer.
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The correct answer is: The classic indirect-distribution channel that is still regarded as the most effective.
Question 8
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The trailers being designed and produced by the well-known South African brand, Venter, has led to
Venter being the market leader, despite the entry of other manufacturers. This is known as the
_______________ of good design.
Select one:
a.
operational benefit
b.
competitive advantage
c.
economies of scale
d.
leadership position
Feedback
The correct answer is: competitive advantage
Question 9
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Study the information from IBM’s financial statements below:
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