FOR EXAM 2 QUESTIONS &
ANSWERS(RATED A+)
Kai and Thea are developing a supplier selection process. Which of the following
factors is NOT a consideration for selecting suppliers for the different commodities
they need to buy?
The supplier's sustainability initiatives.
The quoted price per unit.
The reliability of the goods.
The quality of the goods.
The marketing strategy of their suppliers. - ANSWERThe marketing strategy of their
suppliers.
What is the primary focus of the "make" step in the supply chain management
process?
Improving operating efficiency.
All of these answer choices are correct.
Managing inventories.
Providing form value.
Acquiring goods. - ANSWERProviding form value.
In addition to diving equipment, what other products are mentioned as part of KT's
inventory?
None of these answer choices are correct.
Home and office supplies.
Electronics.
Footwear.
Mesh bags and spear guns. - ANSWERMesh bags and spear guns.
Which of the following is a key challenge that Kai and Thea face in improving their
purchasing activities?
All of these answer choices are correct.
They need to determine what and how much to procure of non-sales related
commodities.
They need to identify which suppliers to buy from, and what relationships to form.
They need to determine how often to buy. - ANSWERAll of these answer choices are
correct.