APICS CSCP EXAM NEWEST ACTUAL EXAM TEST BANK COMPLETE 800
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
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Jeff wants to cut down on the number of warehouses held by his company. For
the best possible supply chain results, which other entity should he consider in
planning for this decision?
A. Transportation
B. Retail
C. Sales and marketing
D. Tech support - Correct Answer-Transportation and warehousing decisions are
best performed together. When a warehouse is closed down, it may affect
transportation logistics negatively, so the best gains are found when the two
departments work together to create and change plans.
Extended enterprise is the final stage of supply chain management evolution.
What is the best description of the core feature of this stage?
A. Creating relationships with logistic suppliers
B. Beginning initiatives to increase functionality of departments
C. Extending at least one business process beyond the corporation
D. Breaking down barriers between departments - Correct Answer-In an extended
enterprise, at least one business process reaches outside of the organization to
affect the supply chain. This often begins with a single partnership, but may
eventually extend to the creation of processes that include the entire supply
chain.
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The most successful lateral integrations have often started with a single strategic
partnership. Which well-known partnership began with a collaboration on
diapers?
A. Huggies and Costco
B. Wal-Mart and Procter & Gamble
C. Target and the Honest Company
D. Pampers and Babies R Us - Correct Answer-The extensive partnership between
Wal-Mart and Procter & Gamble began with a collaboration on diapers. This is a
core example of the principle that defines an extended enterprise.
Not every initial collaboration between members of a supply chain turns out to be
a successful one. Which of the following best describes an example of a negative
interaction between supply chain partners?
A. Retailers allowing consumers to purchase products at a discount
B. Online suppliers cutting out traditional retail stores
C. A supplier discovering a new source of raw materials
D. Powerful manufacturers requiring suppliers to hold inventory - Correct Answer-
Traditionally, if one stakeholder in the supply chain uses its leverage over other
supply partners to transfer risk in a way that doesn t benefit the entire chain, it
can create tension in the chain. One example of this can be seen when a powerful
manufacturer requires their suppliers to store the majority of the inventory.'
Innovations in e-commerce have sometimes led to the loss of traditional jobs.
Which of the following roles have increased the most due to the creation of
commerce online?
A. Security
B. Tech support
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C. Customer service
D. Manufacturing - Correct Answer-Security. With the development of e-
commerce, various kinds of security have been necessary. Common examples of
growth can be seen in cybersecurity firms that develop solutions to guard against
hackers or airline security officials to check in passengers that have purchased
their tickets online.
Globalization has greatly affected supply chain management. Which of the
following is not one of primary ways that supply chains compete with other supply
chains?
A. Capital
B. Labor
C. Training
D. Customers - Correct Answer-Training. On a global scale, supply chains compete
the most in the areas of capital, labor, and customers. While a chain may hold a
competitive advantage over another chain in their technological resources,
training, or individual processes, the three areas mentioned above are the core
resources at stake.
Kathy wants to create a supply chain for her non-profit organization. Which of the
following does she need to consider?
A. Social value
B. Financial value
C. Customer value
D. All of the above - Correct Answer-All of the above. Whether a supply chain is
created for a company, military organization, nonprofit, or government, each of
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the value factors needs to be considered. This includes financial values, customer
values, and social values.
Cost reduction was a core focus of supply chain management in its early stages.
Which of the following is a danger of focusing on cutting costs?
A. Loss of personnel
B. Less available partners
C. Increased expenses in other areas
D. None of the above - Correct Answer-Increased expenses in other areas. When
costs are limited in one area, it can often lead to greater expenses being acquired
in other areas. For example, if a warehouse is closed, it may lead to increased
transportation costs, as drivers need to make deliveries from further away.
Cost cutting is not always a negative approach. What principle should be used to
determine whether cutting a cost is going to be effective for the supply chain? A. If
value to the customer is created
B. If value to the supplier is created
C. If value to the manufacturer is created
D. None of the above - Correct Answer-if value to the customer is created. If the
customer benefits from value added, then a cost-cutting measure is said to be
effective. For example, if a supply chain can offer the same level of customer
support with more profit, but fewer expenses, then cost cutting is beneficial.
Upfront investments can often play a role in the success of a supply chain. Which
of the following would be an example of this?
A. Training managers in new processes
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