Test Bank For Supply Chain Management A Global Perspective 3rd Edition Nada Sanders
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Course
CSCP - Certified Supply Chain Professional
Institution
CSCP - Certified Supply Chain Professional
Test Bank Supply Chain Management A Global Perspective, 3rd Edition Nada R. Sanders.
Supply Chain Management 3e Test Bank
ISBN-10 :
ISBN13 : 978-1119702863
Chapter 1: Introduction to Supply Chain Management
Multiple Choice
1. SCM involves the design and management of three primary flows:
a) Products, information, funds
b) Suppliers, customers, manufacturers
c) Distributors, retailers, customers
d) Logistics, operations, marketing
e) Responsiveness, reliability, relationship management
Ans: a
Response: page 3
Level: Easy
2. Stages of supply chain management include suppliers, producers, distributors, retailers, and:
a) Financial flows
b) Customers
c) Reverse logistics
d) Sustainability
e) None of the above
Ans: b
Response: page 4
Level: Medium
3. Another name for a supply chain is:
a) Supply network
b) Transportation chain
c) Value chain
d) Customer chain
e) Product chain
Ans: c
Response: page 4
Level: Easy
Supply Chain Management 3rd 1 Chapter 1 Test Bank
,4. Examples of ‘upstream’ players in a supply chain include:
a) Suppliers
b) Customers
c) Retailers
d) Distribution centers
e) Outbound transportation providers
Ans: a
Response: page 4-5
Level: Easy
5. Examples of ‘focal firms’ players in a supply chain include:
a) Suppliers
b) Manufacturers
c) Retailers
d) Inbound transportation providers
e) Accountants
Ans: b
Response: page 4-5
Level: Easy
6. Examples of ‘downstream’ players in a supply chain include:
a) Suppliers
b) Manufacturers
c) Retailers
d) Inbound transportation providers
e) Accountants
Ans: c
Response: page 4-5
Level: Easy
Supply Chain Management 3rd 2 Chapter 1 Test Bank
,7. Three overriding SCM activities within and between firms include:
a) Marketing, sourcing, logistics
b) Suppliers, customers, manufacturers
c) Products, information, funds
d) Coordination, information sharing, collaboration
e) Responsiveness, reliability, relationship management
Ans: d
Response: page 5-6
Level: Medium
8. The growing number and acceptance of customer returns has created an area of SCM called:
a) Order fulfillment
b) Distribution management
c) Reverse logistics
d) Sustainability
e) None of the above
Ans: c
Response: page 6
Level: Easy
9. A result of effective information flow through the supply chain is:
a) Improved coordination and collaboration between supply chain partners
b) Reduction in the amount of inventory across the supply chain
c) Reduction of the bullwhip effect
d) Compression of the supply chain from a time standpoint
e) All of the above
Ans: e
Response: page 6
Level: Medium
Supply Chain Management 3rd 3 Chapter 1 Test Bank
, 10. An accelerated flow of funds through the supply chain can improve a firm’s profitability by:
a) Increasing interest rates
b) Customers cannot be invoiced more quickly
c) Creating a positive cash flow provides financial opportunity
d) Increasing working capital needs
e) None of the above
Ans: c
Response: page 6
Level: Medium
11. In a simplified supply chain, financial flow is often viewed as flowing _____ in the supply
chain as payment for products and services received.
a) forward
b) in parallel
c) backwards
d) forwards and backwards
Ans: c
Response: page 6
Level: Easy
12. Distortion and inaccurate information as it moves from the retailer back through the supply
chain is known as:
a) Early supplier involvement
b) Bullwhip effect
c) Supply chain compression
d) Reverse logistics
e) None of the above
Ans: b
Response: page 7
Level: Easy
Supply Chain Management 3rd 4 Chapter 1 Test Bank
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