Principles of Supply Chain Management: A Balanced Approach 5th Edition by Joel D. Wisner Test bank
Chapter 1—Introduction to Supply Chain Management
TRUE/FALSE
1. According to the textbook, the keys to successful supply chain management include trust, cooperation, collaboration and honest, accurate communications between supply chain partners.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
2. Supply chain management is concerned about how suppliers’ products are designed, produced, and transported.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
3. One definition of supply chain management is "Coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers."
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
4. The universally accepted definition of supply chain management is "the management and integration of the parties involved in producing the end items coveted by consumers."
ANS: F PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Comprehension Difficulty: Easy
5. The assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements can all be considered elements of operations.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-2 Bloom’s: Comprehension Difficulty: Easy
6. According to the textbook, supply chains include raw material suppliers, intermediate component manufacturers, end-product manufacturers, wholesale distributors, retailers and end-product consumers.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-2 Bloom’s: Knowledge Difficulty: Easy
TRUE/FALSE
1. According to the textbook, the keys to successful supply chain management include trust, cooperation, collaboration and honest, accurate communications between supply chain partners.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
2. Supply chain management is concerned about how suppliers’ products are designed, produced, and transported.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
3. One definition of supply chain management is "Coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers."
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Knowledge Difficulty: Easy
4. The universally accepted definition of supply chain management is "the management and integration of the parties involved in producing the end items coveted by consumers."
ANS: F PTS: 1
BUSPROG: Analytic LO: 1-1 Bloom’s: Comprehension Difficulty: Easy
5. The assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements can all be considered elements of operations.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-2 Bloom’s: Comprehension Difficulty: Easy
6. According to the textbook, supply chains include raw material suppliers, intermediate component manufacturers, end-product manufacturers, wholesale distributors, retailers and end-product consumers.
ANS: T PTS: 1
BUSPROG: Analytic LO: 1-2 Bloom’s: Knowledge Difficulty: Easy
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