Test bank for supply chain management a logistics perspective 9th edition john j c john langley jr novack gibson

CoylenSupplynChainnManagement:nAnLogisticsnPerspective,n9thnEdition
Chaptern1nTestnBank




1-7

,CoylenSupplynChainnManagement:nAnLogisticsnPerspective,n9thnEdition
Chaptern1nTestnBank
CHAPTERn 1n TESTn QUESTIONS
True-False
1. Then firstn decaden ofn then twenty-
firstn centuryn wasn an periodn ofn rapidn changen forn organizations,nespeciallynbusinesses.
ANSWER:nTrue,nPagen5
2. An keyn elementn inn Wal-
Mart’sn abilityn ton discountn brandn namen productsn wasn ann understandingnofnthencriticalityn ofn efficie
ncyninnitsn logisticsn andnsupplyn chainnsystem.
ANSWER:nTrue,n Pagen6
3. Globalizationn hasn hadnlittlen effectn onnconsumers.
ANSWER:nFalse,nPagen7
4. Supplynandndemandnhasnbecomenlessnvolatilenasnmanagersnbecomenmorenadeptnatncontrollingnth
enelements.
ANSWER:nFalse,nPagen8
5. Outsourcingnisnanfairlynnewnconcept.
ANSWER:nFalse,nPagen9
6. SABnshouldnexaminentheirnoff-
shorenpurchasingnpolicy,nevennthoughnthenproductsnarensourcednfromnthenU.S.
ANSWER:nTrue,nPagen9
7. ItnisnexpectednthatnsomenornallnofnthenBRICncountriesn(Brazil,nRussia,nIndian&nchina)nwillnreplacent
henso-
callednVISTAncountriesn(Vietnam,nIndonesia,nS.nAfrica,nTurkeynandnArgentina)asnlowncostnpro
ducersn ofnvariousnproductsnandnservices.
ANSWER:n False,nPagen9
8. ThenworldneconomynstillnfavorsnthenUnitednStatesnandnEuropeanncountries,nevennthoughnChinana
ndnIndiancannparticipateninnthenglobalneconomynmuchnmorenreadily.
ANSWER:nFalse,nPagen10
9. ItnisnpredictednthatnsocialnnetworksnsuchnasnFacebooknandnTwitternwillninfluencensupplynchainsn
becausenofntheirnimpactnonncustomern demandnandnthenspeednofninformationntransfers.
ANSWER:nTrue,nPagen10
10. ThenU.S.ntransportationnsystemnwasnderegulatedninnthen1930snandn1940sninnresponsentoneconom
icnconditionsnandnWorldnWarn2
ANSWER:nFalse,nPagen12
11. Evennthoughntherenarenreferencesntonsupplynchainnmanagementninnthen1980s,nSCMndidnnotncapt
urenthenattentionn ofnsenior-leveln managementn untilnthen1990s.
ANSWER:nTrue,nPagen15
12. Supplynchainnmanagersnnonlongernneedntonworrynaboutnsuboptimizationninnlightnofntoday’sntech
nology.
ANSWER:nFalse,nPagen19

1-7

,CoylenSupplynChainnManagement:nAnLogisticsnPerspective,n9thnEdition
Chaptern1nTestnBank

MultiplenChoice
13. Mostnretailersnarenessentiallynsupplynchainncompaniesnsince
A.n theyndominatenthenconsumernmarket.
b. ownntheirnwarehousesnandntrucks.
c. theynbuynproductsnproducednbynothers.
d. engageninnoff-shorensourcing.
ANSWER:nc,nPagen6
14. Whichn ofn then belownisn notn onen ofn then externaln forcesn drivingn then raten ofn changen
andnshapingnourneconomicnandnpoliticalnlandscape?
a. Governmentnpolicy
b. Technology
c. Environmentalnconcerns
d. Globalization
ANSWER:nc,nPagen7
15. Outsourcingn involves
a. movingn companyn facilitiesn awayn fromnthen homen office.
b. hiringn foreignn nationalsn ton managenpartsn ofn then business.
c. obtainingnmaterials,nparts,nandnproductsnfromnotherncompanies.
d. buildingnanfactoryninnanotherncountry.
ANSWER:nc,nPagen9
16. Somenindividualsn describenthencurrentn consumern asn then“clickn here”n generationn
because
a. wenallnhavenInternetnaccess.
b. wennonlongernwaitnforninformationntonben“pushednout”ntonus.
c. wenbuynsonmuchnmerchandisenonnline.
d. wentakenlittlentimentonmakenpurchasingndecisions.
ANSWER:nb,nPagen10
17. Thendemographicsnofnournsocietynhasnchangednbecause
a. then“BabynBoom”ngenerationnisnnownturningn60.
b. ofnthenincreaseninntwo-careernfamiliesnandnsingle-parentnhouseholds.
c. ofnimmigration.
d. birthnratesnhavenchanged.
ANSWER:nb,nPagen12
18. ThenSupplynChainn Concept
a. isn veryn newnandnconsideredn cuttingn edgen technology.

1-7

, CoylenSupplynChainnManagement:nAnLogisticsnPerspective,n9thnEdition
Chaptern1nTestnBank

b. isnhighlyndependentnofncomputerization.
c. isnnotnalwaysnwellnunderstoodnbynseniorn managers.
d. developednfromnthenpreviousnPhysicalnDistributionnconcept.
ANSWER:nd,nPagen15
19. Logistics,ninnitsnsimplestnform,
a. isnanmilitarynterm,nasnitnwasndevelopednoriginallyntonsupplynthenbattlefield.
b. combinesninboundnlogisticsnwithnthenoutboundnlogisticsnofnphysicalndistribution.
c. isnanotherntermnforntransportationnmanagement.
d. doesnnotninvolvencustomernservicenornothernrelatednfunctions.
ANSWER:n b,n Pagen16
20. Onenofnthenmajornchallengesnofnsupplynchainnmanagementnis
a. forwardnbuying.
b. maintainingnthenvisibilitynofninventory.
c. buildingnsafety-stockninventory.
d. Pushingninventorynbackntonvendors.
ANSWER:nb,nPage18
21. WhichnofnthesenflowsnonlynonenwaynasnillustratedninnFiguren1-4?
a. information
b. productsnandnservices
c. financials
d. Nonenofnthesenanswers
ANSWER:nd,nPagen18
22. Traditionally,ninformationnhasnbeennviewednasnflowingninnthenoppositendirectionn ofnproducts
,nthatnis,nfromnthenmarket/customernbackntonthenwholesalers,nmanufacturers,nandnvendors.
a. Thisnisnstillntruenandnhasnnotnchanged.
b. Computerizationnhasngreatlynincreasednthenflownofninformationnfromnthensource.
c. Then“BignBox”nstoresnhavendevelopedntheirnownnsources.
d. Nonenofnthesenanswers
ANSWER:nd,nPagen21
23. OnenofnthenfournsupplynchainnflowsninnFiguren1n–
n8nthatnhasnreceivednincreasednattentionnfromnsupplynchainnmanagersn duentonthengrowthnin

ntechnologynis:


a. Productnflow
b. Informationnflow
c. Cashnflow


1-7