Question 1
Technology is an example of industry trends
Response: True
Score: 1 out of 1 Yes
Question 2
_____ is the new role of Purchasing
Response: revenue enhancement
Score: 1 out of 1 Yes
Question 3
The person requiring goods complete a form (manual or electronic) is a process called
_____.
Response: Requisition
Score: 1 out of 1 Yes
Question 4
Revenue growth, Better asset utilization and cost reduction are supply chain goals
Response: False XXXXXX
Score: 0 out of 1 No
Question 5
Globalization is considered a supply chain driver.
Response: False XXXXXXXXXX
Score: 0 out of 1 No
Question 6
The purchasing process is comprised of the following stages; Requisition, _____,
Sourcing and evaluation of offers, ordering, expediting.
Response: validation of the requisition
Score: 2 out of 2 Yes
Question 7
The following are cycle view of supply chains, except:
Response: Maintenance
Score: 1 out of 1 Yes
, Question 8
_____ is particularly associated with making offers at auctions (but is commonly used
in relation to any other offer made)
Response: Bid
Score: 1 out of 1 Yes
Question 9
Maintaining good relationship with internal customers is not a goal of purchasing
Response: False
Score: 1 out of 1 Yes
Question 10
Buyer monitors the service fulfillment of the supplier is a process called _____.
Response: Expediting
Score: 1 out of 1 Yes
Question 11
Typical supply chain for a manufacturer consists of _____, Storage, manufacturing,
Distributor, Retailer, and _____.
Response: Supplier
Response: customer
Score: 2 out of 2 Yes
Question 12
Find or develop competent suppliers is an objective of purchasing
Response: True
Score: 1 out of 1 Yes
Question 13
Control, Flexibility, Allocation, and Minimum obsolescence is the advantages of _____
type of purchasing organization.
Response: centralized
Score: 1 out of 1 Yes
Question 14
A sequence of suppliers, warehouses,operations and retail outlet, i.e. Organizations
that are involved in producing an delivering a product or service is called _____.
Response: Supply Chain
Technology is an example of industry trends
Response: True
Score: 1 out of 1 Yes
Question 2
_____ is the new role of Purchasing
Response: revenue enhancement
Score: 1 out of 1 Yes
Question 3
The person requiring goods complete a form (manual or electronic) is a process called
_____.
Response: Requisition
Score: 1 out of 1 Yes
Question 4
Revenue growth, Better asset utilization and cost reduction are supply chain goals
Response: False XXXXXX
Score: 0 out of 1 No
Question 5
Globalization is considered a supply chain driver.
Response: False XXXXXXXXXX
Score: 0 out of 1 No
Question 6
The purchasing process is comprised of the following stages; Requisition, _____,
Sourcing and evaluation of offers, ordering, expediting.
Response: validation of the requisition
Score: 2 out of 2 Yes
Question 7
The following are cycle view of supply chains, except:
Response: Maintenance
Score: 1 out of 1 Yes
, Question 8
_____ is particularly associated with making offers at auctions (but is commonly used
in relation to any other offer made)
Response: Bid
Score: 1 out of 1 Yes
Question 9
Maintaining good relationship with internal customers is not a goal of purchasing
Response: False
Score: 1 out of 1 Yes
Question 10
Buyer monitors the service fulfillment of the supplier is a process called _____.
Response: Expediting
Score: 1 out of 1 Yes
Question 11
Typical supply chain for a manufacturer consists of _____, Storage, manufacturing,
Distributor, Retailer, and _____.
Response: Supplier
Response: customer
Score: 2 out of 2 Yes
Question 12
Find or develop competent suppliers is an objective of purchasing
Response: True
Score: 1 out of 1 Yes
Question 13
Control, Flexibility, Allocation, and Minimum obsolescence is the advantages of _____
type of purchasing organization.
Response: centralized
Score: 1 out of 1 Yes
Question 14
A sequence of suppliers, warehouses,operations and retail outlet, i.e. Organizations
that are involved in producing an delivering a product or service is called _____.
Response: Supply Chain
