7 SUPPLY SOURCING

7 SUPPLY SOURCING

University

20 Qs

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7 SUPPLY SOURCING

7 SUPPLY SOURCING

Assessment

Quiz

Other

University

Hard

Created by

CHASE SAMSALV

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A hotel company wants to find furniture, fixtures, and equipment (FF&E) for its expansion into a new location. In this case, which potential sourcing advantage is the hotel chain mostly looking for?

Cost savings through competitive pricing.

Ensuring high-quality FF&E for guest satisfaction.

Minimizing lead times for timely setup.

Establishing long-term supplier relationships.

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

To improve the quality of the gastronomic experience included in its trip packages, a travel agency is looking for regional producers of fresh vegetables. In this case, which potential sourcing advantage is the tour operator mostly looking for?

Improving supply chain visibility and traceability.

Supporting the local economy and promoting sustainability.

Ensuring consistent availability of fresh produce.

Negotiating favorable pricing and discounts.

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A restaurant company strives to purchase its food from vendors who practice ethical and sustainable business practices. In this situation, the restaurant chain is mostly interested in which potential benefit of effective sourcing.

Enhancing brand reputation and customer loyalty.

Minimizing procurement costs through competitive pricing.

Ensuring a stable and reliable supply of ingredients.

Streamlining inventory management and reducing waste.

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A theme park is acquiring products for its gift stores in an effort to provide distinctive and exclusive goods. In this instance, which potential sourcing advantage is the theme park principally looking for?

Negotiating favorable pricing and maximizing profit margins.

Minimizing lead times for timely restocking.

Building long-term partnerships with suppliers.

Differentiating the merchandise offerings and enhancing guest experience.

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

For its new ships, a cruise line business is looking to acquire environmentally friendly and fuel-efficient engines. In this situation, the cruise line corporation is primarily interested in which potential benefit of efficient sourcing.

Strengthening supplier relationships through long-term contracts.

Reducing environmental impact and promoting sustainability.

Minimizing fuel costs through energy-efficient technologies.

Ensuring reliable and high-performance engines for safe operations.

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A hotel business is looking into other choices for sourcing solutions for its linens and cleaning supplies. In this case, which level of sourcing is the hotel chain primarily focused on?

Single sourcing.

Dual sourcing.

Multiple sourcing.

Global sourcing.

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A tour operator is assessing possible vendors for its bus and van transportation services. In this case, the tour operator is mostly thinking about which level of sourcing.

Single sourcing.

Dual sourcing.

Multiple sourcing.

Global sourcing.

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