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MNB1501 ASSIGNMENT 5 ANSWERS DUE 13 MAY 2024
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Mnb1601 ASSIGNMENT 5.Due 13 May 2024
Question 1
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Question text
Which one of the following options represents a reason that the objective evaluation of supplier
performance is important?
Select one:
a.
Effective suppliers are identified
b.
It leads to a decline in supplier performance
c.
Ineffective suppliers are identified
d.
It serves as a guideline for the development of purchases
Feedback
The correct answer is: Ineffective suppliers are identified
Question 2
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,Question text
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.
Feedback
The correct answer is: Tactical level
Question 3
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Question text
Which one of the following options best describe the planning of the purchasing and supply function?
Select one:
,a.
Managing the purchasing and supply function for the future.
b.
Managing the internal organisation of the purchasing and supply function.
c.
Managing the place of the purchasing and supply function in the organisation.
d.
Ensuring that purchasing and supply objectives are pursued within acceptable standards.
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The correct answer is: Managing the purchasing and supply function for the future.
Question 4
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Question text
Technology will become a crucial part of supply chains. E-procurement and online costs are part of
_______________ costs.
Select one:
a.
inventory-carrying
b.
inventory-management
c.
, inventory-ordering
d.
inventory-warehousing
Feedback
The correct answer is: inventory-ordering
Question 5
Correct
Mark 1.00 out of 1.00
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Question text
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
volumes of stock ordered by non-essential services lessened during the Covid-19 pandemic as these
services were not allowed to trade. This is a function of _____________ which aims to keep inventory
levels as low as possible without risking an interruption in the operational processes.
Select one:
a.
purchasing and supply management
b.
inventory management
c.
strategic purchasing
d.
tactical ordering
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