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Understanding Supply Chain Quiz

Authored by Nguyen Trang

English

12th Grade

Used 2+ times

Understanding Supply Chain Quiz
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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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