Mindtap Chapter 13 Quiz

When salespeople need to fill end-of-quarter or end-of-year sales quotas they might use ___________, which creates greater use of safety stock causing the bullwhip effect. a) Bullwhip ordering b) Stockpiling (WRONG) c) Order batching d) Order fulfillment

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Which of the following has made external integration more difficult to achieve? a) Lack of software applications to coordinate the effort b) Problems with internal integration efforts c) Increased number of franchise operators d) Identifying key trading partners (WRONG)

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The development of functional silos within an organization is considered a key component to achieving successful supply chain process integration. True False

False

Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a) External process integration b) Data warehouses c) Expediting d) All of these choices are correct.

a) External process integration

The global process integration software market is expected to: a) Grow by about $100 billion from 2017 to 2021 b) Decrease slightly by the end of 2017 c) Double by the end of 2018 d) Remain constant through 2018

a) Grow by about $100 billion from 2017 to 2021

According to the text, all of the following are considered key supply chain business processes EXCEPT: a) Knowledge management process b) Manufacturing flow management process c) Supplier relationship management process d) Product development and commercialization

a) Knowledge management process

____________________ tends to reduce safety stocks among supply chain members, generating even less variability in supply chain orders? a) Forward Integration b) Internal quality standards c) Information visibility d) All of these choices are correct.

c) Information visibility

Which of the following is a vital element in developing a strong supply chain through the practice of process integration? a) Partnerships, which value information sharing and partner collaborations b) Partner collaborations on methods to improve processes within the supply chain c) Developing and implementing a strong information technology system that allows for fast and easy information exchanges between supply chain partners d) All of these choices are correct.

d) All of these choices are correct.

Which of the following would be considered a Supply Chain Risk Management activity? a) Increasing safety stock b) Develop a formal risk management program c) Diversify the supply base d) All of these choices are correct.

d) All of these choices are correct.

Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a) Mobile Marketing b) Score-carding systems c) Legacy MRP systems d) Cloud-based communication systems

d) Cloud-based communication systems