11. According
to the EcoMarkets survey, which surveys over 6000 private and public buyers,
the most popular aspect of green sourcing is:
a. |
Recycling |
b. |
Material reuse |
c. |
Energy conservation |
d. |
Packaging reuse |
12. Which
of the following would most likely be considered a functional product?
a. |
PDA- |
b. |
HDTV- |
c. |
DVD recorders |
d. |
Disposable Camera |
13. The
textbook outlined a Supply Chain Ethical and Sustainability Sourcing Strategy
Framework. How many steps are in this framework?
a. |
3 |
b. |
5 |
c. |
6 |
d. |
10 |
14. Harold’s
Fish Shop decides to reduce its purchases from poorly performing fish suppliers
and focus future orders with suppliers that have been top-performing in the
past. This is an example of:
a. |
Supply base rationalization |
b. |
Supplier development |
c. |
Top-tier supplier selection |
d. |
Selective sourcing |
15. Hard-bargaining
sourcing departments focused on decreasing purchasing spend may experience
which of the following from their suppliers?
a. |
Lower levels of quality from |
b. |
Lower levels of service from |
c. |
Deteriorating buyer-supplier |
d. |
All of these |
16. An
outsourcing program can result in all of the following positive outcomes,
except:
a. |
Reducing staffing levels |
b. |
Decreased need for supplier |
c. |
Cost reduction |
d. |
Gains in manufacturing |
17. Variations
of outsourcing include all of the following EXCEPT: (C; 114)
a. |
Co-sourcing |
b. |
Selective sourcing |
c. |
Front sourcing |
d. |
Insourcing |
18. One
of the most value enhancing activities performed by a supplier, for a key
customer, which minimizes carrying costs and can avoid stockouts:
a. |
Early supplier involvement |
b. |
Vendor managed inventory |
c. |
Strategic inventory planning |
d. |
Purchase spend reduction |
19. Which
of the following is FALSE?
a. |
The use of 3PL’s has been |
b. |
VMI provides retail |
c. |
The use of 3PL providers |
d. |
VMI allows suppliers to |
20. Which
of the following is TRUE?
a. |
VMI stands for Vertically |
b. |
3PL stands for Third Party |
c. |
VMI stands for Vendor-Managed |
d. |
3PL stands for Three Point |
21. The
inventory level where suppliers replenish their customer’s inventory with a
predetermined order quantity is called the:
a. |
Channel Equity Level |
b. |
Reorder point |
c. |
Bill Back |
d. |
MRO point |
22. According
to the textbook, collaborative relationships place a relatively lower
importance rating on which of the following competitive priorities:
a. |
Speed of Delivery |
b. |
Cost |
c. |
Product Quality |
d. |
Frequency of deliveries |
23. The
primary benefits of ____ include costs savings and freeing up time for
purchasing staff to concentrate on the firm’s core activities.
a. |
eProcurement |
b. |
Insourcing |
c. |
The Ethical Trade initiative |
d. |
Six Sigma |
24. Which
of the following can be used as a punishment for suppliers that perform poorly?
a. |
Elimination of future |
b. |
Downgrade the supplier’s |
c. |
Billback penalty |
d. |
All of these |
25. Benchmarking
is:
a. |
A system of performance |
b. |
A practice where companies |
c. |
A system of marking defective |
d. |
A program where suppliers |