Exam 1: Introduction to Supply Chain Management

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While transportation regulation and deregulation both have their supporters,proponents of regulation consider it to be good since it is said to encourage competition and allows the negotiation of prices to dictate market costs.

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All of the following are roadblocks between measurement and improved performance except _____.

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According to the textbook,third-party logistics providers (3LPs)do not offer assistance with helping products clear customs.

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Which of the following is not one of the four enablers of purchasing and supply chain management?​

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Which of the following can be classified as a 3PL?

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Competition today is no longer between firms;it is between the supply chains of those firms.

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One definition of supply chain management is "The planning and management of all activities involved in sourcing and procurement,conversion,and all logistics management activity."

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Which of the following is strategy usually employed by lean organizations in an effort to ensure continued quality compliance among suppliers and with internal production facilities?

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The Department of Transportation was created by the 1920 Transportation Act.

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Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?

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The _____ activity involves physically getting a product ready for distribution to the customer.

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Most of the features that make their way into final products originate with suppliers.

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In order to provide more comprehensive delivery service,some freight-only airlines have invested in developing their own motor carrier fleets to provide full door to door service delivery.

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Which of the following would be considered an act of deregulation?

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All of the following are typical processes involved in supply chain management except _____.

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The _____ states that success is a function of effectively managing a linked group of firms past first-level suppliers or customers.

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The supply chain management element that plans,implements,and controls the efficient,effective forward and reverse flow and storage of goods,services and related information between the point of origin and the point of consumption in order to meet customers' requirements is also referred to as:

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According to the textbook,the keys to successful supply chain management include trust,cooperation,collaboration and honest,accurate communications between supply chain partners.

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Instead of adversarial relationships which characterize _____,_____ features a long-term,win-win relationship between a buying company and specially selected suppliers.

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The acts of receiving shipments,breaking down shipments,repackaging shipments,and distributing components to a manufacturing location or finished products to customers by a distribution center is referred to as:

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