With the theory of supply chain versus supply chain in competition, which of the following is true?
A. Investments in suppliers shared by a competitor will increase the partnership with that supplier to the detriment of the competitor.
B. Industries with a small number of dominant suppliers are not ideal but are best coordinated using horizontal supply chains.
C. When supply chains share suppliers, alignment of business strategies with supply chain strategies is facilitated. D. Use of common suppliers in competing chains may work to the advantage of both competitors at a risk of losing proprietary data
Many Japanese companies use keiretsu to avoid which of the following?
A. The semifunctional enterprise stage (Stage 2)
B. Lacking specialization and focus in a network of independent firms
C. Needing to abandon the control and full integration of a vertical environment D. The challenges of synchronizing a network of independent firms
Selection of processes for improvement, according to quality methodology, should be done at which of the following levels?
A. Regular employees (shop-floor labor, service workers, etc.) B. Top management
C. Teams comprising all levels from top management to regular employees
D. Middle management
Volume growth is a key performance indicator for which of the following? A. Product merchandizing
B. Customer service
C. Supply chain variability
D. Replenishment
Which of the following is a significant risk to consider when selecting a complex, enterprisewide software system?
A. Decreased velocity of processes because of software complexity
B. Decreased synchronicity of functions automated by the software C. Lack of flexibility to improve processes automated by the software
D. Lack of future upgrade potential for the software
Which of the following is among the Global Supply Chain Forum's eight essential supply chain management processes?
A. Production
B. Purchasing
C. Logistics D. Order fulfillment
Measures of success and incentives for a supply chain improvement initiative should be linked to which of the following? A. Four quadrants of the balanced scorecard
B. Judgment of each participant's direct supervisor
C. Approval of top management
D. Outcome of the change initiative
The antiterrorism measures developed by the Customs-Trade Partnership against Terrorism (C-TPAT) apply to which of the following entities? A. C-TPAT corporate participants
B. All U.S. importers
C. All U.S. exporters
D. All domestic and foreign firms involved in U.S. supply chains
Which of the following is true of collaborative relationships in the supply chain?
A. The most technologically advanced supply chain partner will determine the level of supply chain development for the network. B. Companies will always have a good reason to treat competitors in a different class from other types of supply chain members.
C. Power-based relationships place long-term gains ahead of short-term results.
D. Incompatible hardware or legacy systems are no longer a barrier to collaboration due to new methods of integration.
A design engineer is creating a product that conforms to customer needs according to the supply chain's market intelligence. Which of the following is the most important secondary design element that the engineer should include in the design?
A. Has a lower price than the competitor's product
B. Can reach the market quickly
C. Has more features than the competitor's product D. Can be sold for a positive return
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