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Worksheets

LSM - 2

Total questions: 16

Worksheet time: 9mins

Name
Class
Date
1.

A business' supply chain includes __________________

a)

all companies involved in the upstream flow

b)

all companies involved in the downstream flow

c)

all processes from raw materials to consumption

d)

All of the Above

2.

Which of the following correctly describes a flow within the supply chain?

a)

The material flow usually moves upstream

b)

The flow of cash is predominantly downstream

c)

Exchange of information moves in both directions

d)

All of the above

3.

A business' supply chain includes __________________

a)

all companies involved in the upstream flow

b)

all companies involved in the downstream flow

c)

all processes from raw materials to consumption

d)

All of the Above

4.

The beginning stages of creation of a company's product or service is called _________________

a)

Upstream Flow

b)

Downstream Flow

c)

Electron Flow

d)

Flo Rida

5.

The end processes where a company takes a finished product to the consumer is called __________________

a)

Upstream Flow

b)

Ebb and Flow

c)

Downstream Flow

d)

Go with the Flow

6.

The first stage of the supply chain management flow is called _________

a)

Manufacture

b)

Raw Materials

c)

Season 1

d)

Suppliers

7.

The second stage of the supply chain management flow is called _________

a)

Manufacture

b)

Raw Materials

c)

Season 1

d)

Suppliers

8.

The middle stage of the supply chain management flow is called _________

a)

Manufacture

b)

Raw Materials

c)

Product Bridge

d)

Suppliers

9.

The fourth stage of the supply chain management flow is called _________

a)

Warehouse

b)

Retail

c)

Distribution

d)

Consumer

10.

The final stage of the supply chain management flow is called _________

a)

Consumer

b)

Customer

c)

Destruction

d)

Recycling

11.

The beginning stage of the Supply Chain is also called the ________________

a)

Point of Concern

b)

Point of Origin

c)

Point of the Lesson

d)

Point of Comsumption

12.

The ending stage of the supply chain is also known as the ________________________

a)

Point of Contention

b)

Point of Origin

c)

Point of Conclusion

d)

Point of Consumption

13.

Reverse logistics is required because

a)

Goods are defective

b)

Goods are unsold

c)

The customer simply change their minds

d)

All of above

14.

Today, SCM systems focus on extending beyond an organization’s four walls to influence:

a)

A. Suppliers

b)

B. Suppliers’ supplier

c)

C. Customers’ customer

d)

D. All of the above

15.

What does supply chain refer to?

a)

The stages products go through from their source to the end consumer

b)

The process of transporting a product from one location to another

c)

The process of getting a product from a warehouse to the end customer

16.

What does logistics refer to?

a)

The transportation, storage and distribution of supplies

b)

The process of ensuring that supplies are ordered in incorrect amount at the right time

c)

The distribution of supplies to the end customer only