Quiz: IB-Lec-8


IB-Lec-8Online version International Supply chain Management by joseph hanany 1 Which term refers to the network that links together the different aspects of the value chain and coordinates materials, information, and funds from the initial raw-material supplier to the ultimate customer? a logistics strategy information system b materials management device c customer service d supply chain 2 Jordan, a manager at an MNE, is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________. a quality control b offshoring c inventory management d logistics 3 Logistics is also known as ________. a internal logistics b materials management c the internal supply chain d value-added management 4 Deciding whether to establish production facilities in many different countries or in one centralized location is part of the ________. a cultural matrix b c manufacturing configuration d 5 In a global supply chain, suppliers must be part of the manufacturer's organizational structure. a FALSE b TRUE 6 Which of the following BEST describes a major difference between supply chain management and logistics? a Supply chain management involves handling suppliers and customers. b Logistics involves longer distances and international distribution networks. c Supply chain management focuses on transportation and the storage of goods. d Logistics only encompasses the outbound flow of products and materials. 7 In the context of manufacturing strategy, the degree of consistency between the foreign investment decision and the company's competitive strategy is known as ________. a coordination b control c configuration d compatibility 8 ________ manufacturing is any manufacturing that takes place in a country different from the home country. a Offshore b Multidomestic c Cost-minimization d Outsourcing 9 ________ is the linking or integrating of activities into a unified system. a Control b Coordination c Configuration d Compatibility 10 ________ is the process of a firm having inputs supplied to it for the production process a Sourcing b Subcontracting c External production d Offshoring 11 All of the following tend to be more expensive when sourcing abroad, EXCEPT ________. a transportation costs b inventory holding costs c brokers and agents fees d labor rates 12 ACE Computers established an assembly operation in Malaysia so that it would be close to its key suppliers. ACE is most likely engaging in ________. a industrial clustering b horizontal sourcing c zero sourcing d offshoring 13 The make-or-buy decision applies only to domestic firms. a FALSE b TRUE 14 Giga-Mart has an IT system that links the firm's suppliers, manufacturers, customers, and intermediaries. Giga-Mart most likely has a(n) ________, a TQM (total quality management) b JIT (just-in-time) c EDI (electronic data interchange) d ERP (enterprise resource planning) 15 MedCo uses an IT system that labels a product with an electronic tag to provide real-time information. Which of the following does MedCo most likely use? a EDI (electronic data interchange) b RFID (radio frequency ID) c PTX (private technology exchange) d ERP (enterprise resource planning)

1

Which term refers to the network that links together the different aspects of the value chain and coordinates materials, information, and funds from the initial raw-material supplier to the ultimate customer?

a

logistics strategy information system

b

materials management device

c

customer service

d

supply chain

2

Jordan, a manager at an MNE, is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

a

quality control

b

offshoring

c

inventory management

d

logistics

3

Logistics is also known as ________.

a

internal logistics

b

materials management

c

the internal supply chain

d

value-added management

4

Deciding whether to establish production facilities in many different countries or in one centralized location is part of the ________.

a

cultural matrix

b

c

manufacturing configuration

d

5

In a global supply chain, suppliers must be part of the manufacturer's organizational structure.

a

FALSE

b

TRUE

6

Which of the following BEST describes a major difference between supply chain management and logistics?

a

Supply chain management involves handling suppliers and customers.

b

Logistics involves longer distances and international distribution networks.

c

Supply chain management focuses on transportation and the storage of goods.

d

Logistics only encompasses the outbound flow of products and materials.

7

In the context of manufacturing strategy, the degree of consistency between the foreign investment decision and the company's competitive strategy is known as ________.

a

coordination

b

control

c

configuration

d

compatibility

8

________ manufacturing is any manufacturing that takes place in a country different from the home country.

a

Offshore

b

Multidomestic

c

Cost-minimization

d

Outsourcing

9

________ is the linking or integrating of activities into a unified system.

a

Control

b

Coordination

c

Configuration

d

Compatibility

10

________ is the process of a firm having inputs supplied to it for the production process

a

Sourcing

b

Subcontracting

c

External production

d

Offshoring

11

All of the following tend to be more expensive when sourcing abroad, EXCEPT ________.

a

transportation costs

b

inventory holding costs

c

brokers and agents fees

d

labor rates

12

ACE Computers established an assembly operation in Malaysia so that it would be close to its key suppliers. ACE is most likely engaging in ________.

a

industrial clustering

b

horizontal sourcing

c

zero sourcing

d

offshoring

13

The make-or-buy decision applies only to domestic firms.

a

FALSE

b

TRUE

14

Giga-Mart has an IT system that links the firm's suppliers, manufacturers, customers, and intermediaries. Giga-Mart most likely has a(n) ________,

a

TQM (total quality management)

b

JIT (just-in-time)

c

EDI (electronic data interchange)

d

ERP (enterprise resource planning)

15

MedCo uses an IT system that labels a product with an electronic tag to provide real-time information. Which of the following does MedCo most likely use?

a

EDI (electronic data interchange)

b

RFID (radio frequency ID)

c

PTX (private technology exchange)

d

ERP (enterprise resource planning)

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IB-Lec-8

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IB-Lec-8Online version

by joseph hanany

Which term refers to the network that links together the different aspects of the value chain and coordinates materials, information, and funds from the initial raw-material supplier to the ultimate customer?

Jordan, a manager at an MNE, is responsible for supervising the transportation and storage of materials and final goods. Jordan is most likely a manager involved with ________.

Logistics is also known as ________.

Deciding whether to establish production facilities in many different countries or in one centralized location is part of the ________.

In a global supply chain, suppliers must be part of the manufacturer's organizational structure.

Which of the following BEST describes a major difference between supply chain management and logistics?

In the context of manufacturing strategy, the degree of consistency between the foreign investment decision and the company's competitive strategy is known as ________.

________ manufacturing is any manufacturing that takes place in a country different from the home country.

________ is the linking or integrating of activities into a unified system.

________ is the process of a firm having inputs supplied to it for the production process

All of the following tend to be more expensive when sourcing abroad, EXCEPT ________.

ACE Computers established an assembly operation in Malaysia so that it would be close to its key suppliers. ACE is most likely engaging in ________.

The make-or-buy decision applies only to domestic firms.

Giga-Mart has an IT system that links the firm's suppliers, manufacturers, customers, and intermediaries. Giga-Mart most likely has a(n) ________,

MedCo uses an IT system that labels a product with an electronic tag to provide real-time information. Which of the following does MedCo most likely use?

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