EXAM PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ According to the Module 1 readings, the ______ process focuses on
minimizing the number of items that enter a backward flow due to
defects, being out of date, or needing to be recycled.
A. deliver
B. return
C. make
D. plan. Answer: B. return
◉ What should drive activity across the supply chain?
A. manufacturing efficiency
B. executive strategy
C. customer demand
D. marketing prediction. Answer: C. customer demand
,◉ Which supply chain process focuses on the transformation of inputs
into outputs?
A. supply management
B. production
C. logistics
D. post sales service. Answer: B. production
◉ _______ Management includes all the activities that take place to get
a product in your hands - from raw materials extraction to production
and final goods delivery.
A. logistics
B. supply
C. supply chain
D. operations. Answer: C. supply chain
◉ What are the three key flows of a supply chain? Answer:
INFORMATION, PRODUCTS, FINANCIALS
Create visibility, drive utility, release funds
◉ 7 Rights. Answer: cost, consumer, condition, place, product, time,
quantity
, ◉ The 7 rights are part of the .. Answer: fulfillment accuracy
◉ Why is scm important. Answer: better, faster, cheaper
◉ 5 primary groups of Supply Chain. Answer: Suppliers, manufacturers,
distributors, retailers, and consumers
◉ Supply Chain Management. Answer: - Organization, people, activity,
info, resources
-plan, source, make, deliver, return
◉ Most important participant in the supply chain. Answer:
CONSUMER
◉ Time utility. Answer: having things in the right season
Ex. sunscreen
◉ Place utility. Answer: goods according to geographic location
Ex. winter coats
◉ Distribution centers provide what benefit that is not readily available
with cross-docking or direct delivery?