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Gatekeeping manages the cost of shipping returned goods.

A) True
B) False

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Outsourcing followed by __________ is not simple.


A) integration
B) unionization
C) backsourcing
D) computerization
E) just-in-time

F) C) and D)
G) A) and C)

Correct Answer

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Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain reductions? (I) fewer supply chain partners (II) a shorter supply chain (III) greater supply chain visibility


A) I and II only
B) II and III only
C) I and III only
D) I only
E) I, II, and III

F) A) and B)
G) C) and E)

Correct Answer

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Vendor analysis is the examination of the _________ of purchased materials.


A) function
B) source
C) quality
D) cycle
E) quantity

F) B) and C)
G) C) and D)

Correct Answer

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Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

A) True
B) False

Correct Answer

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Which of the following is an advantage of E-business? (I) reduction of transaction costs (II) shortened supply chain response time (III) greater customer loyalty


A) I
B) II
C) I and II
D) II and III
E) I, II, and III

F) B) and D)
G) C) and D)

Correct Answer

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Disintermediation refers to the phenomenon that the traditional retailer or service provider is reduced or eliminated in a supply chain.

A) True
B) False

Correct Answer

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Which of the following is least likely to be a key consideration when a company chooses a supplier?


A) lead time and on-time delivery
B) reputation and financial stability
C) value analysis
D) quality and quality assurance
E) flexibility of design change

F) D) and E)
G) A) and D)

Correct Answer

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The design of the supply chain and establishing partnerships with vendors and distributors are examples of operational issues in a supply chain.

A) True
B) False

Correct Answer

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