ISCM Q1

ISCM Q1

12th Grade

15 Qs

quiz-placeholder

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ISCM Q1

ISCM Q1

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Crisvi Lazaro

Used 11+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a supply chain according to Lee and Billington?

A financial management system

A method of inventory management

A strategy for customer service

A network of facilities that procure raw materials

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key issues in supply chain management?

Sourcing and procurement issues

Product design

Employee training

Marketing strategies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a metric in supply chain management refer to?

A financial report

A standard of measurement of performance

A customer feedback tool

A type of software

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the trade-off mentioned in supply chain management?

Flexibility vs. Stability

Cost vs. Quality

Speed vs. Accuracy

Inventory vs. Customer Service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a pitfall in inventory management?

No supply chain metrics

Accurate delivery status data

High customer satisfaction

Effective communication

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one consequence of globalization in supply chain management?

Increased production flexibility

Faster delivery times

Less dependable forecasts

Lower inventory levels

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of supply chain management?

Reduced collaboration with partners

Information transparency and real-time business intelligence

Decreased visibility into the supply chain

Increased operational costs

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