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SCM-UNIT 3-Supply Chain Management

Authored by Celeste Trott

Business

10th Grade

Used 9+ times

SCM-UNIT 3-Supply Chain Management
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20 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The entire process that is needed to get a product or service from its starting point to its completion.

Supply Chain

Distribution

Retail

Supplier

2.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

A company that your organization buys products or services from.

Supplier

Retailer

Merchandiser

Distributor

3.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

A company who buys products in bulk, and then sells them in smaller quantities to other companies.

Distributor

Retailer

Merchandiser

Supplier

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

A company who buys products in bulk, and then sells them to consumers.

Retailer

Distributor

Merchandiser

Supplier

5.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

An entity that transforms raw materials, components, or semi-finished products into finished goods using labor, machines, and processes, ultimately selling these products to other businesses or consumers

Manufacturer

Supplier

Merchandiser

Distributor

6.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Partially finished goods that have moved beyond raw materials but are not yet complete, representing the costs of materials, labor, and overhead invested in them.

Works in Progress

Finished Goods

Raw Materials

Supplies

7.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Encompasses all the activities, processes, and logistics involved in the movement, storage, and distribution of products that are fully manufactured and ready for sale or use by the end consumer.

Finished Goods

Works in Progress

Supplies

Raw Materials

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