Preview

TLMT 313 Quiz 1

Powerful Essays
Open Document
Open Document
699 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
TLMT 313 Quiz 1
Quiz #1 Part 1 of 1 - 100.0 Points

Question 1 of 16 6.25 Points
Supply management is also known as procurement at many firms and government agencies. A. True B. False

Answer Key: True
Feedback: Chapter 1 (page 6)

Question 2 of 16 6.25 Points
Generally speaking, firms with the fasted time to market with new products by using cross functional teams including suppliers, enjoy higher profits. A. True B. False Answer Key: True
Feedback: Chapter 1 (page 10)

Question 3 of 16 6.25 Points
Of the factors that make up total cost of ownership (TCO), the big majority of this cost is in the lighting costs. A. True B. False Answer Key: False
Feedback: Chapter 1 (pages 11 - 12)

Question 4 of 16 6.25 Points
The degree of competition for critical materials will be a key factor in the importance of supply management. A. True B. False Answer Key: False
Feedback: Chapter 2 (page 32)

Question 5 of 16 6.25 Points
The “mind set” or focus on internal processes usually produces the kind of detailed work necessary to achieve significant material savings. A. True B. False Answer Key: False Feedback: Chapter 2 (page 32)

Question 6 of 16 6.25 Points
Supply management's two primary interests relative to their key suppliers are quality and discounts. A. True B. False

Answer Key: False
Feedback: Chapter 3 (Fig 3.1)

Question 7 of 16 6.25 Points
Efforts to improve should cease at an organization's internal functions and not span over the supply chain. A. True B. False Answer Key: False
Feedback: Chapter 3 (page 61)

Question 8 of 16 6.25 Points
A collaborative relationship frequently is an appropriate first step on the road to a strategic alliance. A. True B. False

Answer Key: True
Feedback: Chapter 4 (slide 4-15)

Question 9 of 16 6.25 Points
The concept of a supply chain means we analyze and manage: A. a chain or network of upstream

You May Also Find These Documents Helpful

  • Powerful Essays

    A Written test is an effective way to conduct the assessment of the learning this will then help ensure the work is their own, in addition to this the person sat at the side of them could have a different test paper, however to keep it fair both papers have to be at the same level, the best way to do this would be to change the wording and or the order of the question on the test paper.…

    • 6922 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    MKT Quiz 7

    • 794 Words
    • 8 Pages

    A strategic alliance exists when one party has confidence in another firm’s reliability and integrity.…

    • 794 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Is3110 Week5 Quiz

    • 218 Words
    • 2 Pages

    3. Define three of the responsibilities that an Incident Response Team would have. List them and describe the responsibilities.…

    • 218 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SOC 331 Week 4 Quiz

    • 487 Words
    • 5 Pages

    In this pack of SOC 331 Week 4 Quiz you will find answers on the next questions:…

    • 487 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mid Term Study Guide

    • 1743 Words
    • 7 Pages

    Indicate whether each of the following statements is true or false by circling the appropriate letter.…

    • 1743 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SOC 308 Week 4 Quiz

    • 389 Words
    • 2 Pages

    In this paperwork of SOC 308 Week 4 DQ 2 The Cosmic Race you will find the next information: Jose Vasconcelos proposed the assimilation of ethnic groups in Mexico into a new "cosmic race." This concept is discussed in the readings as well as in The Cosmic Race. More information can be found with a web search.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    CHRD331 Quiz 5

    • 844 Words
    • 9 Pages

    From ages five to ten, boys and girls have approximately the same height and weight.…

    • 844 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Database Sql Server

    • 328 Words
    • 2 Pages

    Data mining uses business intelligence tools and techniques on a variety of data sources brought together in a data warehouses. true…

    • 328 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SOC 203 Week 2 Quiz

    • 704 Words
    • 3 Pages

    Which of the following is NOT one of the six stages in the process by which people come to identify themselves as homosexual?…

    • 704 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Test Ch 11 and 12

    • 7741 Words
    • 54 Pages

    Ramblin' Country Stables contracts to buy 1,000 horseshoes from Blacksmith, Inc., for $1 per shoe. When the market price decreases to 50 cents per shoe, Ramblin' refuses to go through with the deal. Blacksmith can recover…

    • 7741 Words
    • 54 Pages
    Good Essays
  • Satisfactory Essays

    CHFD331 Quiz 2

    • 911 Words
    • 10 Pages

    Follow-up studies of children attending an intensive two-year preschool program, the High Scope Perry Project, found that the effects of the program did not last.…

    • 911 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    STR 581 Week 3 Quiz

    • 428 Words
    • 2 Pages

    9. This is an internal analysis technique wherein strategists examine customers’ needs, company offerings, and competitors’ offerings to more clearly articulate what their company’s competitive advantage is and how it differs from those of competitors.…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    STR 581 Week 4 Quiz

    • 341 Words
    • 2 Pages

    10. Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services.…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    PHI 445 Week 3 Quiz

    • 385 Words
    • 2 Pages

    The file PHI 445 Week 3 Quiz includes right solutions on the following questions: 1. Question : The common definition of price fixing is: 2. Question : Efficiency comes about in perfectly competitive free markets when: 3. Question : When a company sells a buyer certain goods only on condition that the buyer also purchases other goods from the firm, this is known as: 4. Question : Which of the following are characteristics of a perfectly free economy? 5. Question : When a buyer purchases a good, each additional item of a certain type is 6. Question : In a perfectly free competitive market, no buyer or seller has the power to significantly affect the price of a good. 7. Question : In a perfectly free economy, all buyers and sellers are utility maximizers: Each tries to get as much as possible for as little as possible. 8. Question : In a monopoly, there is only one seller, but other sellers can enter the market. 9. Question : Proponents of the Antitrust view argue that prices and profits in highly concentrated industries are higher than they should be. By breaking up large corporations into smaller units, they claim, higher levels of competition will emerge in those industries. 10. Question : Monopolistic markets and their high prices and profits violate capitalist justice because the seller charges more than the goods are worth. Thus, the prices the buyer must pay are unjust. 11. Question : Environmental damage inevitably threatens the welfare of human beings as well as plants and animals. Threats to the environment come from two sources: pollution and resource depletion. 12. Question : We cannot rely on market mechanisms to ensure adequate conservation for future generations, however. The needs of future generations are so heavily discounted by markets that they hardly affect prices at all. 13. Question : The oil wells are not expected to disrupt the sensitive econ...…

    • 385 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    QAT1 Task 3 309

    • 611 Words
    • 3 Pages

    *Holding cost is the per unit cost of inventory multiplied by the holding cost rate…

    • 611 Words
    • 3 Pages
    Good Essays