GSC 3600 Exam 2 Questions and Answers Fully Solved Latest Version 2025-2026
Firms do not compete only against global competitors, but against what? - AnswersTheir competitor's
supply chains
The analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his
desk. His weathered hands punched the buttons on his desk calculator deliberately as he divided
earnings by total assets in order to perform what calculation? - AnswersReturn on Assets
Return on Assets - AnswersEarnings/Total Assets
A sourcing strategy in which two suppliers are used for the same purchased product or service is: -
AnswersDual Sourcing
The phenomenon that a dollar in cost savings increases pretax profits by a dollar, while pretax profit
margin is known as the: - AnswersProfit leverage effect
Profit margin is the ratio of ___ to ___. - AnswersEarnings to Sales
When compared with single sourcing, multiple sourcing has the advantage of what? - AnswersMore
control over vendor
Why is single sourcing is a better choice than multiple sourcing? - AnswersBetter customer service
A recent survey of executives at Global 1000 companies uncovered what single biggest threat? -
AnswersThe fear of a supply chain distribution
A description method used when a product or service is proprietary or when there is a perceived
advantage to using a particular supplier's product or services is - AnswersDescription by brand
The transportation mode with the highest dollar value of freight in the United States is -
AnswersHighway
The mode of transportation that is highly cost effective for bulky items but has relatively poor delivery
reliability and speed and the lowest number of convenient locations is: - AnswersWater
The most detailed level of a logistics information system is the: - AnswersExecution system
When cargo is loaded and unloaded only once it is known as - AnswersDirect truck shipment
Which of these statements about inventory management is BEST? - AnswersA system using water and
rail transportation tends to have higher levels of inventory
Which of these is not a logistics activity? - Answersinspection
Example of consolidation warehouse - AnswersA single manufacturer takes output from several of it's
manufacturing plants and combines them into one shipment to a major customer
Firms do not compete only against global competitors, but against what? - AnswersTheir competitor's
supply chains
The analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his
desk. His weathered hands punched the buttons on his desk calculator deliberately as he divided
earnings by total assets in order to perform what calculation? - AnswersReturn on Assets
Return on Assets - AnswersEarnings/Total Assets
A sourcing strategy in which two suppliers are used for the same purchased product or service is: -
AnswersDual Sourcing
The phenomenon that a dollar in cost savings increases pretax profits by a dollar, while pretax profit
margin is known as the: - AnswersProfit leverage effect
Profit margin is the ratio of ___ to ___. - AnswersEarnings to Sales
When compared with single sourcing, multiple sourcing has the advantage of what? - AnswersMore
control over vendor
Why is single sourcing is a better choice than multiple sourcing? - AnswersBetter customer service
A recent survey of executives at Global 1000 companies uncovered what single biggest threat? -
AnswersThe fear of a supply chain distribution
A description method used when a product or service is proprietary or when there is a perceived
advantage to using a particular supplier's product or services is - AnswersDescription by brand
The transportation mode with the highest dollar value of freight in the United States is -
AnswersHighway
The mode of transportation that is highly cost effective for bulky items but has relatively poor delivery
reliability and speed and the lowest number of convenient locations is: - AnswersWater
The most detailed level of a logistics information system is the: - AnswersExecution system
When cargo is loaded and unloaded only once it is known as - AnswersDirect truck shipment
Which of these statements about inventory management is BEST? - AnswersA system using water and
rail transportation tends to have higher levels of inventory
Which of these is not a logistics activity? - Answersinspection
Example of consolidation warehouse - AnswersA single manufacturer takes output from several of it's
manufacturing plants and combines them into one shipment to a major customer
