Test Bank Questions
T/F Questions
1. In a typical supply chain, raw materials are procured and items are produced at one or more
factories, shipped to warehouses for intermediate storage, and then shipped to retailers or
customers. (T)
2. The objective of supply chain management is to be efficient and cost-effective across the entire
system. (T)
3. The development chain is the set of activities and processes associated with established
products. (F)
4. The supply chain is a static system that remains largely stable over time. (F)
5. Many companies are discovering that effective supply chain management is the next step they
need to take in order to increase profit and market share. (T)
6. The development chain includes the set of activities associate with new product introduction.
(T)
7. The decision chain does not include decisions such as product architecture. (F)
8. Flexibility in the supply chain can be a tool to help a firm create a competitive advantage, reduce
cost and improve responsiveness. (T)
9. Sustainability in the supply chain includes corporate social responsibility and encompasses the
range of decisions that provide social and environmental benefits. (T)
10. In a typical supply chain, raw materials are procured and items are produced at one or more
factories, shipped to warehouses for intermediate storage, and then shipped to retailers or
customers. (T)
Copyright © 2022 by .
.