Reading Quiz #9

D

A society where economic power is concentrated in the hands of government officials and political authorities is called: A. A political control system. B. A social democracy. C. A military dictatorship. D. A central state control system.

C

A visual representation of the many links between a lead firm and its suppliers, superimposed on a geographical map is called a: A. Supply web B. Linked List C. Supply chain map D. Network map.

D

As a stakeholder, suppliers' interests include: A. Earning income. B. Utilizing productive capacity efficiently. C. Building short-term, but profitable, business relationships. D. Both A and B, but not C.

B

Studying the underlying cause of repeated supplier violations is called: A. Supplier scoring. B. Root cause analysis. C. Supply chain auditing. D. Capability-building.

C

The most important agreement which codifies human rights is the: A. The U.S. Declaration of Independence. B. The Versailles Treaty. C. The Universal Declaration of Human Rights. D. The American Civil Liberties Ac

A.

According to a recent survey of supply chain managers, which of these social and environmental issues was the most important? A. Health and safety. B. Ethical issues C. Supplier diversity D. Energy efficiency.

D

An individual who is a supporter of globalization would argue that it helps the developing world by: A. Giving entrepreneurs access to foreign investment funds to support economic development. B. Allowing new ideas and technological innovations to spread quickly. C. Providing people in developing countries with more jobs. D. All of the above.

D

Social impacts of global supply chains include: A. Wages B. Working conditions. C. Employee health. D. All of the above.

x C

The theory of comparative advantage states that: A. All countries start out on an equal playing field. B. Countries that operate under a policy of isolationism have a comparative advantage. C. Productivity rises more quickly when countries produce goods and services for which they have a natural talent. D. Productivity decreases when countries produce goods and services based on their natural resources.

C.

Microfinance refers to: A. Banks lending very small amounts of money to wealthy businesses. B. Banks lending money to a very small number of businesses. C. Banks lending money to low-income businesses. D. Banks charging low fees for all business loans.