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Supply Chain Management MCQ

1. Each participant in a successful supply chain adds ______.

Answer

Correct Answer: Value.

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2. Delivering products to retail stores is considered the _____________ portion of the supply chain.

Answer

Correct Answer: Downstream

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3. Appliances and ipods are examples of ____ goods.

Answer

Correct Answer: Standard

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4. ______ systems encompass all of an organization's touchpoints with its customers.

Answer

Correct Answer: CRM

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5. A disadvantage of the "few suppliers" strategy is __________.

Answer

Correct Answer: The high cost of changing partners

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6. Outsourcing followed by __________ is not simple.

Answer

Correct Answer: Backsourcing

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7. Vendor analysis is the examination of the _________ of purchased materials.

Answer

Correct Answer: Source

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8. Businesses that engage in electronic data interchange with each other are called _____.

Answer

Correct Answer: Trading Partners

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