Supply Chain Quiz 1

________ is an example of an output of the transformation process.

• Material

• Information

• Satisfied customers

• Intangible needs

Typical inputs to the transformation process include:

• tangible goods.

• satisfied customers.

• intangible needs.

• fulfilled needs.

Which of the following statements regarding the supply chain is TRUE?

• A second-tier supplier is downstream from a first-tier supplier.

• A first-tier supplier is upstream from a second-tier supplier.

• A first-tier supplier is downstream from a second-tier supplier.

• A customer is upstream from a first-tier supplier.

Which of the following lists is in correct supply chain order?

• first-tier supplier – manufacturer – distributor

• distributor – manufacturer – retailer

• first-tier supplier – second-tier supplier – third-tier supplier

• customer – retailer – distributor

Most of the participants in a supply chain are both suppliers and customers.

• TRUE

• FALSE

A supply chain is composed of two or more operations functions.

• TRUE

• FALSE

To avoid supply chain problems, firms must manage relationships with their downstream suppliers as well as their upstream customers.

• TRUE

• FALSE

A second-tier supplier is downstream from a first-tier supplier in a supply chain.

• TRUE

• FALSE

A supply chain includes only the organizations directly involved in supplying components needed for manufacturing.

• TRUE

• FALSE

Most organizations function as part of a larger supply chain.

• TRUE

• FALSE