29 June, 2023
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Question 1
- (Topic 3)
Which of the following factors is the most important driver of supply chain change?
Which of the following factors is the most important driver of supply chain change?
Question 2
- (Topic 1)
Supply chains delivering products or services are most able to respond quickly to changing market requirements when:
Supply chains delivering products or services are most able to respond quickly to changing market requirements when:
Question 3
- (Topic 3)
Marketing affects supply chain management decisions primarily by its involvement in:
Marketing affects supply chain management decisions primarily by its involvement in:
Question 4
- (Topic 2)
A company's product cannot be sold beyond 12 months from the date of manufacture. The product contains hazardous material and must be returned to the factory to be neutralized. This situation is an example of product:
A company's product cannot be sold beyond 12 months from the date of manufacture. The product contains hazardous material and must be returned to the factory to be neutralized. This situation is an example of product:
Question 5
- (Topic 3)
Designing a supply chain to maximize responsiveness and flexibility is most appropriate for which of the following types of organizations?
Designing a supply chain to maximize responsiveness and flexibility is most appropriate for which of the following types of organizations?
Question 6
- (Topic 3)
Which of the following processes is included in reverse logistics?
Which of the following processes is included in reverse logistics?
Question 7
- (Topic 2)
Which of the following activities typically would be an appropriate application of the ISO 31000 Risk Management Principles and Guidelines?
Which of the following activities typically would be an appropriate application of the ISO 31000 Risk Management Principles and Guidelines?
Question 8
- (Topic 2)
A company is formally adhering to the principles of the UN Global Compact. After a review of their supply chain, they have found that a key supplier is in violation of the compact. The
best action for the company to do first is:
A company is formally adhering to the principles of the UN Global Compact. After a review of their supply chain, they have found that a key supplier is in violation of the compact. The
best action for the company to do first is:
Question 9
- (Topic 3)
Which of the following fill rates is the most rigorous measure of a firm's availability performance?
Which of the following fill rates is the most rigorous measure of a firm's availability performance?
Question 10
- (Topic 2)
The strategy to implement supplier relationship management has been developed. The most appropriate next step is to:
The strategy to implement supplier relationship management has been developed. The most appropriate next step is to:
Question 11
- (Topic 3)
Which of the following principles is a core value of the UN Global Compact?
Which of the following principles is a core value of the UN Global Compact?
Question 12
- (Topic 3)
When evaluating several possible supply chain options, a firm considering the minimal total cost should:
When evaluating several possible supply chain options, a firm considering the minimal total cost should:
Question 13
- (Topic 1)
Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?
Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?
Question 14
- (Topic 3)
Which of the following types of lead times is related most closely to a supplier performance measure?
Which of the following types of lead times is related most closely to a supplier performance measure?
Question 15
- (Topic 3)
A large bicycle company has outsourced manufacturing and needs to respond immediately to any logistics problems in the supply chain. The best technological solution to meet this need is:
A large bicycle company has outsourced manufacturing and needs to respond immediately to any logistics problems in the supply chain. The best technological solution to meet this need is:
Question 16
- (Topic 2)
Which of the following actions would be most appropriate for an enterprise that has successfully integrated internal supply chain management systems and functions?
Which of the following actions would be most appropriate for an enterprise that has successfully integrated internal supply chain management systems and functions?
Question 17
- (Topic 2)
Which of the following strategies would increase overall supply chain risk?
Which of the following strategies would increase overall supply chain risk?
Question 18
- (Topic 2)
A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?
A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?
Question 19
- (Topic 1)
Which of the following results can be expected from sharing a common understanding of demand and consumption patterns among supply chain participants?
Which of the following results can be expected from sharing a common understanding of demand and consumption patterns among supply chain participants?
Question 20
- (Topic 2)
An effective procurement strategy for commodity products should focus on:
An effective procurement strategy for commodity products should focus on:
Question 21
- (Topic 3)
A manufacturer is the sole supplier of a product family. It sells to regional distributors that sell to retailers. The manufacturer uses batch production processes that have long setup times. All nodes in the supply chain have agreed to pursue a quick response to changes in the level of demand as a competitive priority. Which of the following factors is most likely to hinder their pursuit of this competitive priority?
A manufacturer is the sole supplier of a product family. It sells to regional distributors that sell to retailers. The manufacturer uses batch production processes that have long setup times. All nodes in the supply chain have agreed to pursue a quick response to changes in the level of demand as a competitive priority. Which of the following factors is most likely to hinder their pursuit of this competitive priority?
Question 22
- (Topic 3)
E-business allows a firm to capitalize on the use of systems that:
E-business allows a firm to capitalize on the use of systems that:
Question 23
- (Topic 2)
A corporation must consider which of the following factors when selecting its enterprise resources planning system?
A corporation must consider which of the following factors when selecting its enterprise resources planning system?
Question 24
- (Topic 2)
The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?
The customer who provides point-of-sale data remains the sole decision-maker regarding order quantities when what type of inventory strategy is used?