Question 1

Which of the following is an improvement-driven reason for outsourcing?

Accepted Answer

A) Shorten cycle time 
B) Improve effectiveness by focusing on what the firm does best 
C) Increase product and service value by improving response to customer needs 
D) Turn fixed costs into variable costs 
E) Reduce costs through a lower cost structure 
A) Shorten cycle time 
B) Improve effectiveness by focusing on what the firm does best 
C) Increase product and service value by improving response to customer needs 
D) Turn fixed costs into variable costs 
E) Reduce costs through a lower cost structure

Question 2

Which of the following is not an improvement-driven reason for outsourcing?

Accepted Answer

A) Improve quality and productivity 
B) Enhance effectiveness by focusing on what you do best 
C) Improve risk management 
D) Obtain expertise, skills and technologies not otherwise available 
E) Improve credibility and image by associating with superior providers 
A) Improve quality and productivity 
B) Enhance effectiveness by focusing on what you do best 
C) Improve risk management 
D) Obtain expertise, skills and technologies not otherwise available 
E) Improve credibility and image by associating with superior providers

Question 3

The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply-chain from the customer to the producer is called the bullwhip effect.

Accepted Answer

A) True 
 B)False

Question 4

The optimal strategy for functional products is to use an efficient supply-chain.

Accepted Answer

A) True 
 B)False

Which of the following is an improvement-driven reason for outsourcing?

Which of the following is not an improvement-driven reason for outsourcing?

The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply-chain from the customer to the producer is called the bullwhip effect.

The optimal strategy for functional products is to use an efficient supply-chain.

Operations and Supply Chain Management

Strategy and Sustainability

Product and Service Design

Strategic Capacity Management

Process Analysis

Production Processes

Service Processes

Health Care Processes

Six-Sigma Quality

Projects

Location, Logistics and Distribution

Lean and Sustainable Supply Chains

Enterprise Resource Planning Systems

Demand Management and Forecasting

Sales and Operations Planning

Inventory Control

Material Requirements Planning

Scheduling

Constraint Management

Filters

Exam 11: Global Sourcing and Procurement

Which of the following is an improvement-driven reason for outsourcing?

Which of the following is not an improvement-driven reason for outsourcing?

The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply-chain from the customer to the producer is called the bullwhip effect.

The optimal strategy for functional products is to use an efficient supply-chain.

Operations and Supply Chain Management

Strategy and Sustainability

Product and Service Design

Strategic Capacity Management

Process Analysis

Production Processes

Service Processes

Health Care Processes

Six-Sigma Quality

Projects

Location, Logistics and Distribution

Lean and Sustainable Supply Chains

Enterprise Resource Planning Systems

Demand Management and Forecasting

Sales and Operations Planning

Inventory Control

Material Requirements Planning

Scheduling

Constraint Management

Filters