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NEW QUESTION 20
What term is used to describe the basic product or service, the supply chain that delivers it,plus other features and factors that go along with the product or service?

A. global productB. extended productC. chain productD. functional productE. mature product

Answer: B

 

NEW QUESTION 21
What are some compelling advantages of integrating capabilities?

A. The benefits of one-to-one or next-tier coordination are quantifiable.B. A, B, & CC. Data and information sharing is more immediate and useful.D. A & BE. Successful one-to-one relationships add value.

Answer: B

Explanation:
Module 1: supply chain management fundamentals

 

NEW QUESTION 22
A supplier disputes a low rating generated by a company's enterprise resources planning (ERP) system.
Which of the following actions by the purchasing agent is most appropriate?

A. Advise the ERP information technology manager that there is a flaw in the rating system.B. Tell the supplier that, regardless of the disputed claims, the supplier must improve performance.C. Compare the vendor and company detail records, and interview company employees who handled the data.D. Scrap the vendor rating system until the company can figure out what is wrong.

Answer: C

 

NEW QUESTION 23
A media company offers a majority of its movies through a specific distributor. The media company is beginning to produce content for a new foreign market to which the distributor has exclusive access. To maximize savings and gain entry to this new market, the media company should:

A. acquire the distributor.B. create a contract for the new market.C. enter into a partnership.D. form a strategic alliance.

Answer: D

Explanation:
Section: Fundamentals of Supply Chain Management

 

NEW QUESTION 24
A company currently produces custom goods for a limited market. To increase market share, the company will implement a strategy to reduce the number of products it produces and reduce delivery lead time. The company can increase its chances of achieving the strategy by:

A. involving customers in the product design process.B. using electronic communications to receive customer complaints.C. incorporating results from market surveys.D. using benchmark data for products in the same product groups.

Answer: A

Explanation:
Section: Supply Chain Strategy, Design, and Compliance

 

NEW QUESTION 25
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