MIDTERM EXAM (SUPPLY CHAIN MANAGEMENT)
Quiz by Harold Noga
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- Q1
These are the key components of supply chain processes except for:
production plan
inventory management
procurement
market diversification
60s - Q2
A: Supply chain management is the management of the flow of products and services.
B: It starts with the supplier and ends at the warehouse or storage facilities.
Statement A is correct while statement B is incorrect.
Both statements are incorrect.
Both statements are correct.
Statement B is correct while statement A is incorrect.
120s - Q3
The goal of supply chain management is to:
improve efficiency, quality, and efficiency
assess your clients' attitudes toward your brand
to ensure that customers receive the same message when interacting with a
company's brand
to raise brand awareness
60s - Q4
Nortol Quality Hotel minimizes production errors by providing training and
shifts to their kitchen managers, thereby lowering their costs. This company
strategy is focused on increasing _____________________.
salesmanship
stability
quality
efficiency
120s - Q5
Wastes in production such as an error in production, breakages, and spoilage are in contrast to the overall goal of organizations which is to:
improve quality
improve efficiency
improve product design
improve stability
60s - Q6
A: Quality control is critical in supply chain management because it reduces returns and potentially dangerous defective products.
B: Poor supply chain quality supervision increases product breakage or
wear before warranty expiration.
Statements A and B are correct.
Statement A is correct while statement B is incorrect.
Both statements are incorrect.
Statement B is correct while statement A is incorrect.
120s - Q7
The six components of the supply chain management process (in order) are:
planning, sourcing, making, delivering, returning, and enabling
planning, sourcing, making, returning, and enabling.
sourcing, planning, delivering, making, returning, and enabling
planning, sourcing, making, delivering, returning, and organizing
120s - Q8
To save time when cutting of trees, an old woodsman once said that the
first three minutes are spent sharpening his ax.
This statement best describes the importance of sourcing.
This statement best describes the importance of planning.
This statement best describes the essence of making.
This statement best describes the importance of delivering.
120s - Q9
In order to get a better overview of the actual direction, problems, and
requirements for future growth, Altershine Cruise Ship consults with the
entire management team hence this is an example of _____________________.
making
sourcing
planning
enabling
120s - Q10
A: Setting objectives is the last step in any plan.
B: Making plans limits you to steer everyone's actions in the direction you want to go.
C: Planning does not guarantee the attainment of the target outcomes.
All statements are correct except for B.
All statements are correct except for A.
None of the statements are correct.
All given statements are correct.
120s - Q11
Force field analysis based on Lewin's work helps identify the forces that
push decision-makers towards or away from the desired decision.
True
False
45s - Q12
A: Often, firms will weigh the benefits and drawbacks of a proposed course of action before deciding whether to move forward.
B: Forces of motivation are forces that drive managers to make changes.
C: What we call restraining forces are the things that prevent organization from moving forward.
All statements are correct except for statement B.
All statements are correct except for statement A.
All statements are correct.
All statements are correct except for statement C.
120s - Q13
A: Based on the chart, the making process happens in the transportation part.
B: Based on the chart, the information flow starts from the consumer.
Statements A and B are incorrect.
Statements A and B are correct.
Statement A is incorrect; statement B is correct.
Statement B is incorrect; statement A is correct.
60s - Q14
A: Based on the chart above, money flow refers to the income flow from
a customer going to vendors.
B: Material flow refers to raw materials converted into the final products in an outbound part of the chart.
Statement B is correct; statement A is incorrect.
Both statements are correct.
Both statements are incorrect.
Statement A is correct; statement B is incorrect.
120s - Q15
It refers to the actual conversion of raw materials into finished products.
making
delivering
returning
sourcing
60s
