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1. Supply management organizations commit financial resources based on all the following influences but
NOT?
A) Supply management organization risk assessments
B) Supply management negative make-buy analysis
C) Supply management market conditions
D) Supply management organizational forecasts
2. The shippers export declaration does what?
A) Is a list of container contents
B) Compiles trade statistics and prevents illegal exports
C) Declares the contents of the shipment
D) Declares export intentions for the shipper.
3. There are a number of strategic factors supply management professional should consider when working through matters related to make by decisions. Altron Communications Industries is trying to determine whether to insource or outsource. Their supply management professional will consider all of the following methods except.
A) Whether the decision results and adding additional capacity in the market
B) Whether there is the threat of substitute products or services
C) Whether insourcing changes the balance of competition by damaging the former outsourced supplier
D) Whether outsourcing results in buyer organization alignment with the technology
4. Which definition BEST fits the definition for a vision statement?
A) The statement of the plan the goals.
B) A true strategy for action.
C) A plan for the best possible scenario.
D) A vivid idealized description of the desired outcome.
5. A decision to establish a strategic relationship that provides the opportunity to leverage strengths, resources, and innovations and permits long term volume commitments is referred to as?
A) A supply chain function.
B) The supplier relationship model.
C) Supplier circumstance model.
D) Strategic supply model.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |
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