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Chapter 5 Multiple choice questions
Managing Supply Chain Relationships
Quiz Content
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A sequence of business and information links is called a ________?
Logistics network
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Distribution network
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Sales channel
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Supply chain
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Supply chains link operators to suppliers in __________?
Layers
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Groups
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Tiers
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Channels
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Activities which are undertaken before the final operation are termed _______ activities.
Upstream
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Primary
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Secondary
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Downstream
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In the automotive supply chain information flows in which direction?
Towards the end user only
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Towards the supplier only
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Between the end user and the operation only
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In both directions between the end user and the supplier
correct
incorrect
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How do automotive companies mainly sell their new products?
Over the internet
correct
incorrect
Through retail distributors
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Via a trade magazine
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Directly to customers
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Selecting suppliers and purchasing items is called ________?
Negotiation
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Procurement
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Contracting
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Selection
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The main benefit to a materials processing operation of having multiple sourcing of component parts is ______?
Consistent quality
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Speed of delivery
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Continuity of supply
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Flexibility of products
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Which of the following is an advantage of single sourcing to an operation?
Continuity of supply
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Ability to keep prices down
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Increased flexibility of supply
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Lower administration cost
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When an organization owns its suppliers it is known as ________?
Downstream supplier collaboration
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Upstream vertical integration
correct
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Downstream vertical integration
correct
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Upstream supplier collaboration
correct
incorrect
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Logistics is the term for which activities?
Procurement of raw materials
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Distribution of goods to customers
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Accounting for raw materials in transit
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All of the above
correct
incorrect
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