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WorksheetsENTREPRENEURSHIP
Total questions: 10
Worksheet time: 2mins
1. What channel of identifying potential suppliers is done by asking friends and business acquaintances?
A. Directories
B. Recommendations
C. Trade associations
D. Trade press
2. What channel of identifying potential suppliers is done by looking for a trade industry that can match your needs?
A. Directories
B. Recommendations
C. Trade associations
D. Trade press
3. What channel of identifying potential suppliers is done by looking local supplier through yellow pages/ phone directories?
A. Directories
B. Recommendations
C. Trade associations
D. Trade press
4. What channel of identifying potential suppliers is done by through trade magazines?
A. Directories
B. Recommendations
C. Trade associations
D. Trade press
5. What chain defined as the integration of all the activities that starts from the manufacturing of raw material into the finished product and ends when the product reaches the final customer?
A. Food chain
B. Key chain
C. Supply chain
D. Value chain
6. Which of the following is an advantage to a supplier of delivering products on time consistently?
A. Lower payment
B. Repeating orders
C. Lower trading cost
D. Minimal buffer stock consumed
7. Which of the following factor to consider as the most important choosing the right suppliers?
A. Price
B. Location
C. Reliability
D. Partnership
8. Why manufacturing is important to the economy?
A. It adds value to products and services.
B. It supports service and production.
C. It creates wealth.
D. All of the above
9. Which of the following best describe the importance of recruiting?
A. To create positive story about a company
B. To predict the short-term supply candidates
C. To develop and increase the pool of applicant
D. To determine whether to use inside or outside candidates
10. How will you organize the flow structure of a supply chain?
