Chapter 6 Final

Chapter 6 Final - TEST BANK Sourcing and Supply Chain...

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TEST BANK Sourcing and Supply Chain Management – 4th edition Handfield, Monczka, Giunipero, and Patterson Chapter 6 True or False 1. Increasing revenues involves either raising prices or keeping prices stable and increasing volume. a. True (p. 191) b. False 2. Objectives drive goals, whether at the highest levels of an organization or at the functional or department level. a. True (p. 193) b. False 3. In general, the more important the commodity, the less likely that cross-functional members and user groups will be involved. a. True b. False (p. 204) 4. The problem with secondary data is that they are often outdated and may not provide the specific information needed. a. True (p. 205) b. False 5. As a strategic planning tool, a SWOT analysis can provide insight even with limited data. a. True (p. 208) b. False 6. The RFI process cannot be used when a large or complicated purchase is being considered and the potential pool of suppliers must be prequalified. a. True b. False (p. 209) 7. Identifying the major suppliers in a market is an important first step of any supplier analysis. a. True (p. 210) b. False This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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8. A preferred supplier designation indicates that the selected supplier should receive the business for a critical commodity under most conditions. a. True (p. 212) b. False 9. A supplier catalog allows users to order directly through the Internet using a company procurement card. a. True (p. 212) b. False 10. After the buyer-supplier relationship has been established, buyers no longer need to track supplier performance over time. a. True b. False (p. 215) 11. The strategic sourcing process ends when a contract is signed with a supplier. a. True b. False (p. 217) 12. Supply base optimization requires an analysis of the number of suppliers required currently and in the future for each purchased item. a. True (p. 218) b. False 13. One factor that is increasing the risk exposure to of a supply chain disruption is the decreasing propensity of companies to outsource processes to global suppliers. a. True b. False (p. 219) 14. Longer-term relationships are sought with suppliers that have exceptional performance or unique technological expertise. a. True (p. 220) b. False 15. More complex logistics and currency fluctuations require measuring all relevant costs before committing to a worldwide source. a. True (p. 220) b. False This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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16. A longer-term relationship never includes joint product development with shared development costs and intellectual property. a.
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This note was uploaded on 04/21/2011 for the course MGT 01 taught by Professor Gad during the Spring '11 term at Tanta University.

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Chapter 6 Final - TEST BANK Sourcing and Supply Chain...

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