CSCP questions with correct answers

Three entities of supply chain? CORRECT ANSWER Producer Supplier Customer Is flow of information back and forth? CORRECT ANSWER Yes What is primary product flow? CORRECT ANSWER SupplierDistributionCustomer What is primary cash flow? CORRECT ANSWER Customer back upstream toward supplier What is reverse flow of products? CORRECT ANSWER Returns and repairs Is vertical integration the practice of bringing supply chain inside one's organization? CORRECT ANSWER Yes What is the benefit of vertical integration? CORRECT ANSWER control In lateral integration, does an organization focus on it's core competencies and allows specialists for the rest? CORRECT ANSWER yes How many stages of supply chain evolution are there? CORRECT ANSWER 4 Stage 1 CORRECT ANSWER Satisfies demand without concern for cost