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Ch 13 Quiz (UT)

Authored by Gemma Fountain

Business

University

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Ch 13 Quiz (UT)
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many key processes are identified in excellent supply chain management?

Five

Six

Eight

Ten

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of external supply chain integration?

Decreased collaboration

Improved partnerships with suppliers and customers

Increased isolation

Reduced market reach

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a supply chain?

A network of suppliers and distributors

A connected chain of business entities supporting logistics

A series of marketing strategies

A financial management system

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of supply chain management?

Product development

Seamless process integration

Employee training

Market analysis

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is supply chain agility focused on?

Increasing production speed

Creating inventory velocity and operational flexibility

Reducing labor costs

Expanding market reach

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do third-party logistics companies contribute to technological advancements?

By reducing innovation

By providing enhanced technological innovations

By eliminating technology use

By focusing on traditional methods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Reshoring is primarily done to gain what type of advantage?

Technological

Economic

Cultural

Political

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