Question 1

Fill in the Blank(s)
-There are typically two types of businesses discussed that supply chains support, manufacturing and ________companies.

Accepted Answer

service

Question 2

The strategic development decision area, "Feedback", helps managers adapt the organization's strategy to meet the demands of a changing requirements world.

Accepted Answer

A) True 
 B)False  True

Question 3

A major SC management cause of why inventories of a business could become excessive is all of the following except ________.

Accepted Answer

A)  SC management viewed itself as an independent distinct entity removed from the other chain members 
B)  SC management failed to share information with other members of the chain 
C)  SC management does not routinely challenge product forecast accuracy 
D)  SC management actions resulted in a lack of speed in flow of product through the chain 
A)  SC management viewed itself as an independent distinct entity removed from the other chain members 
B)  SC management failed to share information with other members of the chain 
C)  SC management does not routinely challenge product forecast accuracy 
D)  SC management actions resulted in a lack of speed in flow of product through the chain C

Question 4

Describe the similarities and the differences of the "internal value chain" and the "external value chain.

Accepted Answer

Internal value chain includes all operat

Question 5

Three basic theories guide modern strategy formulation and execution: contingency theory, industrial collaboration theory and resource-based theory.

Accepted Answer

A) True 
 B)False

Question 6

A major weakness of historical supply chain strategies is________.

Accepted Answer

A)  the operating costs are seldom budgeted 
B)  the lack of consideration of supplier geographic location 
C)  that interdependencies of the supply chain members are not realized 
D)  that they frequently do not require use contract manufacturers 
A)  the operating costs are seldom budgeted 
B)  the lack of consideration of supplier geographic location 
C)  that interdependencies of the supply chain members are not realized 
D)  that they frequently do not require use contract manufacturers

Question 7

The term internal "value chain" describes the interconnected nature of a business's internal functions such as R&D, Operations, and Marketing that add value to a process.

Accepted Answer

A) True 
 B)False

Question 8

Typical members of an internal value chain of a business include all of the following except:

Accepted Answer

A)  Finance 
B)  Logistics 
C)  Supply Chain Management 
D)  2nd tier supplier 
A)  Finance 
B)  Logistics 
C)  Supply Chain Management 
D)  2nd tier supplier

Question 9

A supply chain phenomenon "The Bullwhip Effect" occurs as the result of a well planned, well communicated coordinated management effort throughout the supply chain membership.

Accepted Answer

A) True 
 B)False

Question 10

Fill in the Blank(s)
-________management as a functional member of an internal value chain, coordinates the upstream supply base, finding the right suppliers and building partnerships with them.

Accepted Answer

The answer of Fill in the Blank(s)
-________management as a functional...

Question 11

A "first-tier supplier" refers to a supplier in the chain that provides products or services immediately preceding the focal business.

Accepted Answer

A) True 
 B)False

Question 12

Industrial organization theory suggests that supplier and technology forces should drive corporate strategic decision-making.

Accepted Answer

A) True 
 B)False

Question 13

"Supply" chain and "Value" chain are unrelated and independent of each other

Accepted Answer

A) True 
 B)False

Question 14

Strategy's role is to guide managerial decision making to develop a winning business model.

Accepted Answer

A) True 
 B)False

Question 15

Several of the major questions an executive addresses when developing supply chain strategy are: (1) What is the overall supply chain's value proposition? (2) How does the company uniquely help the chain deliver on its value proposition? (3) What valued capabilities do other members of the chain possess?

Accepted Answer

A) True 
 B)False

Question 16

Winning supply chain strategies should help a company do more than just beat the competition; they should help the company meet the real needs of their customers.

Accepted Answer

A) True 
 B)False

Question 17

The most important role of a business's strategy is to define a company's business model.

Accepted Answer

A) True 
 B)False

Question 18

Managers must consider each of the following areas in developing effective supply chain strategies to satisfy its customers except ________.

Accepted Answer

A)  core competencies 
B)  environment 
C)  feedback 
D)  resources 
A)  core competencies 
B)  environment 
C)  feedback 
D)  resources

Question 19

Resources, in the context of a business, refer only to the tangible assets of a company.

Accepted Answer

A) True 
 B)False

Question 20

A supply chain is made up of a series of linked company-level value chains that provide only products (never services) to their customers.

Accepted Answer

A) True 
 B)False

Fill in the Blank(s) -There are typically two types of businesses discussed that supply chains support, manufacturing and ________companies.

The strategic development decision area, "Feedback", helps managers adapt the organization's strategy to meet the demands of a changing requirements world.

A major SC management cause of why inventories of a business could become excessive is all of the following except ________.

Describe the similarities and the differences of the "internal value chain" and the "external value chain.

Three basic theories guide modern strategy formulation and execution: contingency theory, industrial collaboration theory and resource-based theory.

A major weakness of historical supply chain strategies is________.

The term internal "value chain" describes the interconnected nature of a business's internal functions such as R&D, Operations, and Marketing that add value to a process.

Typical members of an internal value chain of a business include all of the following except:

A supply chain phenomenon "The Bullwhip Effect" occurs as the result of a well planned, well communicated coordinated management effort throughout the supply chain membership.

Fill in the Blank(s) -________management as a functional member of an internal value chain, coordinates the upstream supply base, finding the right suppliers and building partnerships with them.

A "first-tier supplier" refers to a supplier in the chain that provides products or services immediately preceding the focal business.

Industrial organization theory suggests that supplier and technology forces should drive corporate strategic decision-making.

"Supply" chain and "Value" chain are unrelated and independent of each other

Strategy's role is to guide managerial decision making to develop a winning business model.

Winning supply chain strategies should help a company do more than just beat the competition; they should help the company meet the real needs of their customers.

The most important role of a business's strategy is to define a company's business model.

Managers must consider each of the following areas in developing effective supply chain strategies to satisfy its customers except ________.

Resources, in the context of a business, refer only to the tangible assets of a company.

A supply chain is made up of a series of linked company-level value chains that provide only products (never services) to their customers.

Customer Fulfillment Strategies

Process Thinking: Scms Foundation

The New Product Development Process: Managing the Idea Infrastructure

The Order Fulfillment Process: Managing the Physical Flow Infrastructure

Scanning and Global Supply Chain Design

Supply Chain Mapping

Supply Chain Cost Management

Core Competencies and Outsourcing

Supply Chain Rationalization and Role Shifting

Relationship Management

Information Sharing

Performance Measurement

People Management: Bridge or Barrier to Scm

Collaborative Innovation

Filters

Exam 1: Supply Chain Management and Competitive Strategy

Fill in the Blank(s) -There are typically two types of businesses discussed that supply chains support, manufacturing and ________companies.

The strategic development decision area, "Feedback", helps managers adapt the organization's strategy to meet the demands of a changing requirements world.

A major SC management cause of why inventories of a business could become excessive is all of the following except ________.

Describe the similarities and the differences of the "internal value chain" and the "external value chain.

Three basic theories guide modern strategy formulation and execution: contingency theory, industrial collaboration theory and resource-based theory.

A major weakness of historical supply chain strategies is________.

The term internal "value chain" describes the interconnected nature of a business's internal functions such as R&D, Operations, and Marketing that add value to a process.

Typical members of an internal value chain of a business include all of the following except:

A supply chain phenomenon "The Bullwhip Effect" occurs as the result of a well planned, well communicated coordinated management effort throughout the supply chain membership.

Fill in the Blank(s) -________management as a functional member of an internal value chain, coordinates the upstream supply base, finding the right suppliers and building partnerships with them.

A "first-tier supplier" refers to a supplier in the chain that provides products or services immediately preceding the focal business.

Industrial organization theory suggests that supplier and technology forces should drive corporate strategic decision-making.

"Supply" chain and "Value" chain are unrelated and independent of each other

Strategy's role is to guide managerial decision making to develop a winning business model.

Winning supply chain strategies should help a company do more than just beat the competition; they should help the company meet the real needs of their customers.

The most important role of a business's strategy is to define a company's business model.

Managers must consider each of the following areas in developing effective supply chain strategies to satisfy its customers except ________.

Resources, in the context of a business, refer only to the tangible assets of a company.

A supply chain is made up of a series of linked company-level value chains that provide only products (never services) to their customers.

Customer Fulfillment Strategies

Process Thinking: Scms Foundation

The New Product Development Process: Managing the Idea Infrastructure

The Order Fulfillment Process: Managing the Physical Flow Infrastructure

Scanning and Global Supply Chain Design

Supply Chain Mapping

Supply Chain Cost Management

Core Competencies and Outsourcing

Supply Chain Rationalization and Role Shifting

Relationship Management

Information Sharing

Performance Measurement

People Management: Bridge or Barrier to Scm

Collaborative Innovation

Filters