SC1 Final Term Quiz No. 2

SC1 Final Term Quiz No. 2

University

30 Qs

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SC1 Final Term Quiz No. 2

SC1 Final Term Quiz No. 2

Assessment

Quiz

others

University

Practice Problem

Hard

Created by

ALOC, B.

Used 5+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Supply Chain Management?

a. The process of finding and acquiring goods, services, or works from an external source
b. The process of managing the flow of goods and services from the raw material stage to the end user
c. The process of procuring goods and services from a single source
d. The process of managing the distribution of goods to the end user

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the importance of supplies in supply chain management?

a. It is the aspect that makes possible the availability of raw materials for the plant operations and production.
b. It is the aspect that makes possible the availability of finished goods for customers.
c. It is the aspect that makes possible the availability of human resources for the plant operations and production.
d. None of the above.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two areas where supply issues are experienced in the whole supply chain?

a. At purchasing and supplier relationship
b. At production and distribution
c. At marketing and sales
d. At finance and accounting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the common problem encountered in sourcing the right suppliers?

a. Lack of technical know-how
b. Staying up-to-date with regulations and compliance
c. Lack of transparency and cooperation
d. Choosing the right one which would not default or reneged in their commitment on the agreed volume

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is SRM?

a. Supplier resource management
b. Supplier relationship management
c. Supplier risk management
d. None of the above.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the importance of SRM?

a. It helps to foster positive relationships with your suppliers.
b. It helps to foster positive relationships with your customers.
c. It helps to foster positive relationships with your employees.
d. None of the above.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the different roadblocks to supply chain management?

a. Purchasing, supplier relationship, issues in operational, distribution, and integration
b. Marketing, sales, finance, and accounting
c. Production, inventory, and customer service
d. None of the above.

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