Supply chain disruption review

Front

Which is an example of a moral issue that may affect a sourcing decision? A labor strike, Federal regulations, The use of child labor, Tariffs

Back

The use of child labor

Front

Why is it important to be very specific in the product description when sourcing from a foreign country?

Back

Differences in Quality Standards

Front

What is the number 1 reason U.S. companies source offshore? Options: Lead Time, Price, Quality, Trade Balance

Back

Price

Front

What government action may increase the cost of importing certain goods from a specific country?

Back

Tariffs

Front

What is usually the primary factor influencing a decision to source onshore?

Back

Lead Time

Front

Which is the most likely way companies mitigate the possibility of an unforeseen supply disruptions? Options: Maintain a reserve inventory, Buy Insurance, Cease Operation, Outsource

Back

Maintain a reserve inventory

Front

How is lead time measured?

Back

From time of order until its delivery

Front

What is NOT an example of an unforeseen circumstance? Drought, Floods, Labor Strike, Laws

Back

Laws

Front

What is a breakdown in the production or distribution of commodities in the supply chain? (it’s what your project was about)

Back

Supply Chain Disruption

Front

What caused massive supply chain disruptions in Japan?

Back

An earthquake and subsequent tsunami