Exam (elaborations)
MNB1601 Assignment 5 2024| Due 21 October 2024
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MNB1601 Assignment 5 21 October 2024
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Started on Monday, 15 July 2024, 11:09 PMState Finished
Completed on Monday, 15 July 2024, 11:35 PM
Time taken 25 mins 44 secs
Marks 23.00/25.00
Grade 95.00 out of 100.00
Question 1
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During which step of the purchasing and supply cycle is communication and good relations especially
important?
Select one:
a.
Handling errors and discrepancies
b.
Receipts, inspection and distribution
c.
Follow-up and expediting
d.
Issuing the order
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The correct answer is: Handling errors and discrepancies
Question 2
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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. The
purpose of Toyota’s purchasing and supply function is not only to provide the right materials, services
and equipment, but also to _____________________ .
Select one:
a.
retain the market share by providing products to consumers that satisfy their needs.
b.
ensure that they are purchased at a reasonable price, satisfy quality requirements and are received in the
correct quantities at the right place and time.
c.
,manage and select appropriate suppliers who can deliver the required materials within the specified time
frames.
d.
manage the planning, organising, leading and controlling of all activities relating to the purchasing of
materials and services.
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The correct answer is: ensure that they are purchased at a reasonable price, satisfy quality requirements
and are received in the correct quantities at the right place and time.
Question 3
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The purchasing process consists of several steps. During which step would the materials be taken up as
inventory?
Select one:
a.
Receipt, distribution and inspection
b.
Handling errors and discrepancies
c.
Closing the order
d.
Paying for the order
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The correct answer is: Receipt, distribution and inspection
Question 4
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Kabelo is responsible for ordering the materials required to produce leather goods at the factory where he
works. He makes use of a system where he only needs to focus on a specific item when the inventory
levels of that item reach the set ordering point. To make it even more convenient for Kabelo, he orders
the same quantity every time he orders inventory. Which inventory-control system does Kabelo use?
Select one:
a.
The system of fixed-order quantities
b.
The cyclical-ordering system
c.
The materials-requirements planning system
, d.
The just-in-time system
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The correct answer is: The system of fixed-order quantities
Question 5
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Carol is the quality controller for J’Divine, a popular wedding photography business. It is her
responsibility to ensure that the photo books which are sent out to customers meet stringent quality
requirements. Carol makes use of _____________ to describe the required quality of the books and
_____________ to control the quality of the photo books.
Select one:
a.
inspection; standardisation
b.
specifications; inspection
c.
specifications, standardisation
d.
inspection; specifications
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The correct answer is: specifications; inspection
Question 6
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Tebogo is the purchasing and supply manager at Cross Pharmacy, a large national chain of pharmacies.
He has secured a contract with a French beauty brand for the exclusive distribution of their products in
South Africa. To facilitate the distribution of these products in South Africa, Tebogo (who is situated at
Cross Pharmacy’s headquarters) will be responsible for all of the purchasing. This arrangement will not
influence the purchasing of other beauty brands stocked by the pharmacies and each branch will continue
to manage their own purchases. Which type of purchasing and supply structure is described here?
Select one:
a.
A centralised purchasing and supply structure
b.
A decentralised purchasing and supply structure
c.
A combination of centralised and decentralised purchasing and supply functions
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