LGM 2213 - Chp 1

LGM 2213 - Chp 1

University

20 Qs

quiz-placeholder

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LGM 2213 - Chp 1

LGM 2213 - Chp 1

Assessment

Quiz

Other

University

Practice Problem

Medium

Created by

Aeyda Reen

Used 1+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply chain management (SCM) focuses only on manufacturing processes

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the key principles of SCM is to customize logistics networks based on customer needs

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchasing in supply chain management involves ensuring the company has materials and supplies before they are needed.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Standardization in SCM always increases costs due to lack of customization.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of Supply Chain Management (SCM)?

a) Reducing costs only

b) Integrating business processes to add value for customers

c) Increasing warehouse storage capacity

d) Eliminating logistics and distribution

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key element of SCM?

a) Integration

b) Operations

c) Product packaging

d) Distribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of demand management in SCM?

a) Ensuring all suppliers get equal orders

b) Managing customer complaints

c) Balancing supply and demand to avoid excess or shortage

d) Increasing supplier costs

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