SCM QUIZ MAC23

SCM QUIZ MAC23

Professional Development

10 Qs

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SCM QUIZ MAC23

SCM QUIZ MAC23

Assessment

Quiz

Social Studies

Professional Development

Practice Problem

Medium

Created by

ZUNAIDAH HASAN

Used 3+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply chain is defines as a group of inter-connected participating companies that add value to a stream of transformed inputs from their source of origin to the end products

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

intrinsic flow of supply chain

MATERIAL FLOW

INFORMATION FLOW

FINANCE FLOW

ALL ANSWER ARE TRUE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply chain managers no longer need to worry about suboptimization in light of today's technology

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A producer that receives services, materials, supplies, energy, and components to use in creating finished products, such as dress shirts, packaged dinners, air-planes, electric power, legal counsel, or guided tours.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Supply chain is concerned with the

Flow of the material, and finished products in the forward direction

Flow of the information in both the directions

Flow of material in the forward direction, cash in the reverse direction and information in both the directions

Flow of the material in the forward direction and that of cash in the reverse direction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A focus advantage exists when an organization is able to provide the same benefits from a product or service at a lower cost than a competitor.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A critical outcome of the supply chain is to deliver

Profits

Cost/value

The right product to the right place

On management’s expectations

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