
Chapter 1
Quiz
•
Other
•
University
•
Practice Problem
•
Easy
Nguyen Phong Nha
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14 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In the new competitive environment, the power of buyers is higher than suppliers due to widely available information sources
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchasing is procurement
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
5R of purchasing excludes
Right quality
Right quality
Right time
Right customer
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is NOT a driver of SCM?
Increasing global competition
Decline in information technology
Rising customer expectations
Growth of e-commerce
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The ISM Report on Business provides information about
Consumer price index
Interest rates
Unemployment rate
Purchasing management index
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When is the ISM Report on Business considered a signal of a growing economy?
PMI>50
PMI=50
PMI<50
PMI=0
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Which of the following is NOT a component of the supply chain?
Marketing
Manufacturing
Transportation
Finance
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