3.4.5 Managing Supply Chains

3.4.5 Managing Supply Chains

Professional Development

25 Qs

quiz-placeholder

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3.4.5 Managing Supply Chains

3.4.5 Managing Supply Chains

Assessment

Quiz

Social Studies

Professional Development

Hard

Created by

James Hannaford

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a supply chain?

A single company producing goods

A group of firms involved in various processes to provide a finished product or service

A chain of retail stores

A network of transportation routes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the supply chain begin with?

The finished product

The provider of raw materials

The retailer

The distributor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do all members of the supply chain need to be dependable?

To ensure the product is on the shelves when needed

To increase the cost of the product

To reduce the quality of the product

To delay the production process

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can businesses manage sudden changes in demand?

By increasing prices

By using a flexible workforce or outsourcing

By reducing production

By closing down temporarily

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are core workers?

Employees who are not essential to a business

Employees on temporary contracts

Employees essential to a business, employed on full-time, permanent contracts

Seasonal workers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main disadvantage of outsourcing?

It increases costs

The business doesn't have control over the quality of the outsourced work

It reduces flexibility

It decreases the range of services offered

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is mass customisation?

Producing goods in large quantities without customization

A method of producing to order, combining flexibility of custom-made products with low cost of mass production

A method of reducing production costs

A method of increasing the number of suppliers

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