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Chapter 1 Introduction To Supply Chain Management 15

  • September 17, 2022
  • 6:50 am
  • No Comments

1. All of the following are reasons for the
increasing use of ethical and sustainable sourcing practices EXCEPT:

a.

Global population growth

b.

Increasing environmental
awareness

c.

Legislation requiring
corporate ethical and sustainable sourcing

d.

Declining worldwide levels of
natural resources

2. Managing
a firm’s external resources in ways that support the long-term goals of the
firm can be referred to as:

a.

Ethical souring

b.

Functional sourcing

c.

Strategic sourcing

d.

Hybrid Sourcing

3. The
management of the firm’s external resources through identification and
selection of suppliers, management of supplier relationships, and monitoring
and rewarding supplier performance in an effort to support the long-term goals
of the organization is called:

a.

Buyer-supplier integration

b.

Acceptance sampling

c.

Procurement rationalization

d.

Strategic sourcing

4. Which
of the following is NOT a step suggested in the Supply Chain Sourcing Strategy
Framework?

a.

Classify supplier items as
either innovative or functional

b.

Define the goals of the
supply chain and check for consistency with products and firm strategy

c.

Distribute free samples of
all purchased products to the end-user for detailed evaluation and feedback
on supply chain development

d.

Identify and evaluate the
capabilities of suppliers and then identify areas which could be improved

5. Which
of the following are considered outcomes of implementing a supplier evaluation
and selection criteria?

a.

Allows firm to screen out
poor performing suppliers in its present supplier base.

b.

Allows firm to screen out
undesirable suppliers that they may be considering for future purchases.

c.

Allows firm and its suppliers
to develop a better corporate relationship

d.

All of these

6. The
application of ethical principles to business situations can be referred to as:

a.

Business ethics

b.

Social responsibility

c.

Ethical Sourcing

d.

Strategic Sourcing

7. The
following term refers to an act that creates the greatest good for the greatest
number of people:

a.

Rights and duties

b.

Corporate responsibility

c.

Utilitarianism

d.

Social sustainability

8. The
purchasing managers at Sunnydale Corporation decide to intentionally increase
purchases from small, women-owned suppliers. This decision can be considered:

a.

Illegal

b.

Unethical

c.

Ethical Sourcing

d.

Utilitarianism

9. The
Ethical Trading Initiative (ETI) does NOT include which of the following:

a.

Children under 13 shall not
be employed

b.

Working hours are not
excessive

c.

Regular employment is
provided

d.

Freedom of association and
the right to collective bargaining are respected

10. Wal-mart
is the driving force behind a system of measurement intended to influence how
products are made and purchased in the future. This system of measurement is
the:

a.

Greenstream

b.

ISO 17000

c.

Retail carbon footprint

d.

Global sustainability index

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