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WorksheetsChapter 6-10 Practice
Total questions: 25
Worksheet time: 19mins
In general, the less important the category, the more critical it is that internal stakeholders will be involved.
True
False
In general, the more important the commodity, the less likely that cross-functional members and user groups will be involved.
True
False
Which of the following is not one of the primary ways that companies create shareholder value?
Increase volume
Reduce cost of process and waste.
Reduce cost of goods and services.
Lower prices
A _____ is an annual review of a firm’s entire set of purchases.
Make-buy analysis
Spend analysis
Cost analysis
Technology roadmap
Which of the following is not one of the examples of Porter’s threat of substitute products and services?
Relative price of substitutes
Switching costs
Buyer propensity to substitute
Economies of scale
Many purchasers prefer to focus on suppliers who have the “capability to do the job” regardless of size.
True
False
Which of the following information is not generally maintained in a supplier informational database?
Supplier’s future technology roadmap
Process capability ratios
Advertising campaign information
Past performance
The (a) buys from the OEM and resells, therefore incurring a transaction cost, and it must make a profit.
A _____ has had its quality systems extensively audited by the buying firm and are capable of consistently meeting or exceeding the buyer’s quality needs.
Partnered supplier
Disqualified supplier
Certified supplier
None of the above
An in-depth evaluation of all potential supply sources should be conducted for every purchase.
True
False
The _____ the proportion of the final product that suppliers provide, the _____ the impact they will have on overall product cost and quality
smaller….greater
larger….greater
larger….lesser
There is no definitive relationship between proportion of final product provided by suppliers and impact on overall product cost and quality
Which of the following is not one of the eight key principles of total quality management?
Strive for zero defects
Define quality in terms of customers and their requirements
Focus on output rather than process
Make quality everyone’s responsibility
In many respects, the cost of quality should actually be considered as the cost of “poor quality.”
True
False
Inconsistency is the enemy of total quality
True
False
Which of the following is not one of Deming’s 14 points?
Create a vision and demonstrate commitment
Utilize fear to motive workers
Improve constantly and forever
Remove barriers to pride in workmanship
Supplier performance that is sufficient today should be competitive in the marketplace of tomorrow
True
False
The _____ is a normalization factor for the supplier performance index (SPI) that eliminates high-dollar lot bias.
Cp
MRO
Q adjustment factor
Cpk
_____ is the process of identifying how many and which suppliers a buyer will maintain
Supply base optimization
Six Sigma
Zero defects
Supply base rationalization
All of the following are possible risks of maintaining fewer suppliers except _____.
Maintaining an all-foreign supply base
Supply disruption
Absence of competition
Overaggressive supply reduction
In (a) , a buyer selects or develops suppliers with multiple or redundant capabilities.
Buyers are never reluctant to shift business from domestic sources to unknown offshore sources
True
False
Trade shows are often one of the worst ways to gather information on many suppliers at one time
True
False
_____ relates to a commercial purchase transaction between a buyer and a supplier located in different countries.
Global sourcing
Re-shoring
International purchasing
None of the above
(a) is the sum of the understandings that govern human interaction in a society.
According to the CISG, a/an _____ is one of the countries that have ratified the treaty.
Independent commonwealth
Trading block
The CISG is no longer in force
Contracting state
