
Understanding Supply Chain Quiz
Authored by Nguyen Trang
English
12th Grade
Used 2+ times

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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each stage in a supply chain is connected through the flow of products, information, and funds. These flows often occur in both directions and are usually managed by
Pricing department.
One of the stages.
Upper management.
Engineering department
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A supply chain features a constant flow of
Information, product and funds.
Personnel, information, and policies.
Processes, funds, and product.
Product, processes, and support.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which set of supply chain flows is correctly described?
Funds flow only upstream but information flows both upstream and downstream in a supply chain.
Product flows only downstream and information flows only upstream in a supply chain.
Information and product both flow upstream and downstream in a supply chain.
Funds flow both upstream and downstream but product flows only downstream in a supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement about supply chains is best?
New product development is not a supply chain function.
If a supplier uses a shipping company to send product to a customer, the shipping company is technically not a supply chain member.
Funds in a supply chain flow upstream only.
Flows in a supply chain may be managed by an intermediary
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sequence of stages is typical for product flow in a supply chain?
Supplier → manufacturer → distributor
Retailer → distributor → customer
Manufacturer → retailer → distributor
Supplier → customer → retailer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supply chain surplus involves what two parts?
Manufacturing cost and selling price
Customer value and supply chain cost
Customer value and high quality products
Reliable transportation and supply chain cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For any supply chain, the source of revenue is generated by
Efficient operations.
Information flows.
The customer.
Product flows.
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