2026 FULL SOLUTION QUESTIONS AND
ANSWERS GRADED A+
●● which of the following is NOT an area in which successful supply
chain managers need expertise?
-technologies
-customers
-suppliers
-processes
-resources.
Answer: customers
●● when purchasing and supply management works well within an
organization, the company acquires the best resources from around the
world, which allows it to compete on cost, quality, and innovation..
Answer: true
●● which of the following is the most important right of purchasing?.
Answer: the right supplier
, ●● one of the most challenging aspects of purchasing is to ensure an
uninterrupted flow of supply. Which of the following might "interrupt"
that flow?
-natural disasters
-supplier quality issues
-logistics interruptions
-financial issues
-all of the above.
Answer: all of the above
●● a dollar saved in material costs goes directly to an increase in
revenue for the organization..
Answer: false
●● purchasing has become a strategic contributor to organizational value
by contributing to both the top and bottom line of the business..
Answer: true
●● the choice of suppliers is important to ensure an uninterrupted flow
of supply and avoid some of the problems inherent in complex supply
chains..
Answer: true
●● supplier portfolio analysis was introduced by Michael Porter.