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MBA 6205 - Quiz Ch 8 and Ch 9 Questions and
Answers (100% Correct Answers) Already
Graded A+
False - TCO (Total Cost of Ownership) Ans: TCO in context of supply
chain management is an acronym for Total Cost of Outsourcing.
- True
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- False
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frequency Ans: A major difference between critical projects and
strategic items is the _________________ of the purchase.
- volume
- cost
- frequency
- quality
competitive Ans: Companies may decide to insource previously
outsourced activities based on the dynamics of the market and their
_______________ strategy.
- supplier
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- competitive
- financial
- global
False - cost drivers are not inherently good or bad Ans: Costs and cost
drivers are inherently bad; they must always be analyzed in relation to
the value that they add to the organization.
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- True
- False
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non standard Ans: In general, ______________ items are more costly
because there aren't as great of economies of scale.
- MRO
- forged
- fabricated
- non standard
True Ans: Contract manufacturing involves a third party that makes an
end product or major components under another company's brand.
- True