FAU MAR3023 – Ch. 9 Quiz – Flashcards

Dave is a regular shopper at Colric Inc., an online company, which sells T-shirts. He placed an order for five T-shirts. However, when the order arrived, Dave realized that the T-shirts were defective. He returned the order and requested Colric for a replacement. This scenario exemplifies an exception to one of the aspects of supply chains. Identify this aspect.

Which of the following is true of supply chains?

A firm with a _____ orientation is most likely to focus on the activities and performance of other companies, rather than focus on one's own company.

Which of the following is true of supply chain management?

Which of the following exemplifies a trade-off involved in a supply chain management decision?

A manager with a supply chain orientation is most likely to agree that:

A firm that uses a push supply chain strategy is most likely to:

Which of the following is an advantage of a pull strategy?

One of the advantages of using a push-pull strategy is that:

In which of the following situations should a firm pick a push strategy?

Which of the following is true of logistics?

Radon Enterprises is a firm that specializes in manufacturing automobile components. It uses software-controlled robots to help in the manufacturing process. Minute defects are detected by an inspection system that has infrared capabilities. The system can only be activated through a biometric login to which only permanent employees have access. In the event that the biometric system fails, employees can use their identity cards to activate the system. All the data from the manufacturing process including use of the inspection system, employees' details, and inventory details are stored and made accessible to supervisors and the management by a software called Eclipse. In this scenario, which of the following can be best described as an enterprise resource planning system?

The cyclical inventory of a firm refers to the:

Bots is a chain of toy stores across the United States that specializes in selling robots. It offers a limited-period volume discount on its products for online customers. Bots sells all of its discounted products and receives orders for more number of products than what it has in its inventory. Which of the following does this scenario exemplify?

Morrie is a middle-level manager at an apparel manufacturing company called Rota Corp. She is in charge of sourcing raw materials from suppliers. Morrie posts details of the required materials on the firm's extranet portal, and suppliers respond to this with their bids. Morrie selects the best offer and sends the concerned supplier a confirmation for procuring the raw materials along with the expected date of delivery. What is this confirmation termed as?

Catalyst Inc. is a software development firm that employs over 1,500 people across the United States. Company-wide purchasing decisions are made by Reno, who works as the company's purchasing manager. Recently, he invited bids from suppliers for an order of 500 laptops. Reno agreed to purchase the laptops from a supplier who would in turn purchase inventory management software from Catalyst. This type of arrangement is called:

Which of the following should a company consider when designing its distribution network?

Which of the following is a disadvantage of using railroads as a mode of transport?

Which of the following companies is highly likely to use cyberspace as a mode of transport?

A firm with a core carrier strategy will: