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WorksheetsOPM530 CHAPTER 9
Total questions: 10
Worksheet time: 20mins
Which of the following would NOT typically be considered as part of a manufacturing firm's supply chain?
suppliers
landscaping contractors
retailers
wholesalers
Which sourcing strategy is particularly common when the product being sourced is iron ore?
few suppliers
many suppliers
keiretsu
vertical integration
One of the advantages of ______________ strategy is obtaining suppliers' willingness to provide technological expertise
few suppliers
many suppliers
keiretsu
vertical integration
A fried chicken fast-food chain that acquired feed mills and poultry farms has performed which of the following?
horizontal integration
forward integration
backward integration
current transformation
A rice mill named Kilang Beras Sembang Gajah Pun Boleh Bawak Kapalterbang purchases the trucking firm that transports packaged rice to distributors. This is an example of which of the following?
horizontal integration
forward integration
backward integration
current transformation
Japanese manufacturers often pursue a strategy that is part collaboration, part purchasing from a few suppliers, and part vertical integration. What is this approach called?
kaizen
doraemon
keiretsu
naruto
___________ strategy allows low capital investment, flexibility, and speed.
Vertical integration
Joint ventures
Keiretsu networks
Virtual companies
Insurance can be used to mitigate all of these supply chains risks, except
Natural catastrophes
Theft/Vandalism
Political instability
Information loss
What are the four stages of supplier selection?
supplier evaluation, supplier development, negotiations, and contracting
supplier evaluation, negotiations, supplier acquisition, and supplier development
introduction, growth, maturity, and decline
supplier evaluation, supplier development, negotiations, and centralized purchasing
In what type of auction does a buyer initiate the process by submitting a description of the desired product or service?
traditional
buyer
reverse
backward
