Exam Questions and Answers A+
Graded
Firms .do .not .compete .only .against .global .competitors, .but .against .what? .-
.CORRECT .ANSWER-Their .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? .- .CORRECT .ANSWER-Return .on .Assets
Return .on .Assets .- .CORRECT .ANSWER-Earnings/Total .Assets
A .sourcing .strategy .in .which .two .suppliers .are .used .for .the .same .purchased
.product .or .service .is: .- .CORRECT .ANSWER-Dual .Sourcing
The .phenomenon .that .a .dollar .in .cost .savings .increases .pretax .profits .by .a
.dollar, .while .pretax .profit .margin .is .known .as .the: .- .CORRECT .ANSWER-Profit
.leverage .effect
Profit .margin .is .the .ratio .of .___ .to .___. .- .CORRECT .ANSWER-Earnings .to .Sales
When .compared .with .single .sourcing, .multiple .sourcing .has .the .advantage .of
.what? .- .CORRECT .ANSWER-More .control .over .vendor
Why .is .single .sourcing .is .a .better .choice .than .multiple .sourcing? .- .CORRECT
.ANSWER-Better .customer .service
A .recent .survey .of .executives .at .Global .1000 .companies .uncovered .what .single
.biggest .threat? .- .CORRECT .ANSWER-The .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 .- .CORRECT .ANSWER-Description .by .brand
The .transportation .mode .with .the .highest .dollar .value .of .freight .in .the .United
.States .is .- .CORRECT .ANSWER-Highway