Global Supply Chain Management
Practice Questions
Course Introduction
Global Supply Chain Management explores the design, operation, and optimization of international supply chains in todays interconnected marketplace. This course examines the strategies and best practices utilized by organizations to source materials, manufacture products, and distribute goods and services globally. It covers key topics such as logistics, procurement, risk management, sustainability, and the impact of digital technologies on supply chain efficiency. Students will gain an understanding of cross-cultural challenges, the importance of effective collaboration among global partners, and methods for adapting supply chain strategies to dynamic economic and regulatory environments. Case studies and real-world examples illustrate how leading companies manage complex global supply chains to achieve competitive advantage.
Recommended Textbook
Purchasing and Supply Chain Management 6th Edition by Robert M. Monczka
Available Study Resources on Quizplus
20 Chapters
1518 Verified Questions
1518 Flashcards
Source URL: https://quizplus.com/study-set/1154
Page 2
Chapter 1: Introduction to Purchasing and Supply Chain Management
Available Study Resources on Quizplus for this Chatper
46 Verified Questions
46 Flashcards
Source URL: https://quizplus.com/quiz/22659
Sample Questions
Q1) A _____ is a set of three or more organizations linked directly by one or more of the upstream or downstream flows of products, services, finances, and information from a source to a customer.
A) process
B) manufacturing system
C) value chain
D) social media chain
E) supply chain
Answer: E
Q2) Today's emphasis on supplier quality has shifted from detecting defects at the time of receipt or use to prevention early in the materials-sourcing process.
A)True
B)False
Answer: True
Q3) Competition today is no longer between firms; it is between the supply chains of those firms.
A)True
B)False
Answer: True
Page 3
To view all questions and flashcards with answers, click on the resource link above.
Chapter 2: The Purchasing Process
Available Study Resources on Quizplus for this Chatper
79 Verified Questions
79 Flashcards
Source URL: https://quizplus.com/quiz/22660
Sample Questions
Q1) Transportation carriers use a/an _____ to record the quantity of goods delivered to a facility.
A) electronic transfer of funds
B) material packing slip
C) receiving discrepancy report
D) bill of lading
E) purchase order
Answer: D
Q2) The objectives of a world-class purchasing organization do not need to evolve beyond the traditional mantra of ensuring we "get a good price!"
A)True
B)False
Answer: False
Q3) Organizations are constantly looking for people who have developed the skills necessary to deal with the narrow variety of tasks faced by purchasing.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above. Page 4
Chapter 3: Purchasing Policy and Procedures
Available Study Resources on Quizplus for this Chatper
28 Verified Questions
28 Flashcards
Source URL: https://quizplus.com/quiz/22661
Sample Questions
Q1) It is only the supervisor's responsibility, and not the employee's, to ensure that the purchasing employee is familiar with and follows the procedures covering legal contracts.
A)True
B)False
Answer: False
Q2) Which of the following is not a disadvantage of written and implied policies?
A) Personnel only follow policies to ingratiate themselves with executive management.
B) Employees may view policies as a substitute for effective management.
C) Policies are not a set of how-to instructions designed to provide specific answers for every business decision.
D) Policy development can restrict innovation and flexibility.
E) Policies are often difficult to communicate throughout large organizations. Answer: A
Q3) Once written, policies do not have to be periodically reviewed for clarity and conformance.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above.
Page 5
Chapter 4: Supply Management Integration for Competitive Advantage
Available Study Resources on Quizplus for this Chatper
67 Verified Questions
67 Flashcards
Source URL: https://quizplus.com/quiz/22662
Sample Questions
Q1) [A/An] _____ consists of personnel from different functions and increasingly from suppliers who are brought together to achieve supply management or supply chain-related tasks.
A) Big R
B) External RM
C) cross-functional sourcing team
D) Little r
E) Internal RM
Q2) A _____ is one that requires members to use a variety of higher-level skills, supports giving members regular feedback about performance, results in an outcome with a significant effect on the organization and others outside the team, and provides members autonomy for deciding how they will do the work.
A) gray box design
B) statement of work
C) technology roadmap
D) meaningful task
E) traditional buyer-supplier relationship
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Purchasing and Supply Management Organization
Available Study Resources on Quizplus for this Chatper
73 Verified Questions
73 Flashcards
Source URL: https://quizplus.com/quiz/22663
Sample Questions
Q1) A _____ is a voluntary group where buyers are in the same industry and conduct business with many of the same suppliers.
A) group purchasing organization
B) consortium
C) lead division buying group
D) global sourcing council
E) strategic sourcing group
Q2) Today's version of decentralized purchasing should emphasize support, integration, and coordination of different tasks that are common across a business rather than strict control over all the activities within the purchasing process.
A)True
B)False
Q3) The advantage of center-led organizations is their ability to garner savings on common purchases yet allow local purchasing decisions on unique items.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
Page 7
Chapter 6: Category Strategy Development
Available Study Resources on Quizplus for this Chatper
80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/22664
Sample Questions
Q1) In the moderate development phase of supply management strategy development, supply management councils or lead buyers may be responsible for entire classes of commodities, and companywide databases by region may be developed to facilitate this coordination.
A)True
B)False
Q2) In supplier evaluation, a _____ includes those systems that release, schedule, and control the flow of work in an organization.
A) logistics system
B) cost accounting system
C) traffic management system
D) planning and control system
E) warehouse management system
Q3) The problem with secondary data is that they are often outdated and may not provide the specific information for which the team is looking.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: Supplier Evaluation and Selection
Available Study Resources on Quizplus for this Chatper
78 Verified Questions
78 Flashcards
Source URL: https://quizplus.com/quiz/22665
Sample Questions
Q1) Although _____ provides optimum leverage and power over the supplier, _____ provides improved assurance of supply.
A) multiple sourcing .single sourcing
B) single sourcing .multiple sourcing
C) sole sourcing .single sourcing
D) multiple sourcing .sole sourcing
E) There is no difference in the number of suppliers for these benefits.
Q2) A _____ is one that consistently satisfies the performance and service standards defined by the buyer and responds to unexpected changes.
A) certified supplier
B) sole source supplier
C) partnered supplier
D) preferred supplier
E) disqualified supplier.
Q3) Using third-party information can be a timely and effective way to gain insight into potential suppliers.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
9
Chapter 8: Supplier Quality Management
Available Study Resources on Quizplus for this Chatper
94 Verified Questions
94 Flashcards
Source URL: https://quizplus.com/quiz/22666
Sample Questions
Q1) _____ is the avoidance of nonconformance in products and services by not allowing errors or defects to occur in the first place.
A) Detection
B) Inspection
C) Prevention
D) The hidden factory
E) Optimization
Q2) Many suppliers are hesitant to challenge excessive specifications for fear of losing the bid.
A)True
B)False
Q3) All of the following are examples of external failure costs except _____.
A) warranty costs
B) replacement of defective products to customers
C) liability lawsuits
D) quality planning
E) loss of customer goodwill
Q4) The Cpk value is always larger than the Cp index.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 10
Chapter 9: Supplier Management and Development:
Creating a World-Class Supply Base
Available Study Resources on Quizplus for this Chatper
84 Verified Questions
84 Flashcards
Source URL: https://quizplus.com/quiz/22667
Sample Questions
Q1) In _____, a buyer selects or develops suppliers with multiple or redundant capabilities.
A) single sourcing
B) cross-sourcing
C) global sourcing
D) strategic sourcing
E) sole sourcing
Q2) A smaller supplier with limited capacity for growth may need to eliminate some existing customers to meet the increased requirements of a larger customer.
A)True
B)False
Q3) The cost-based system is the most thorough and least subjective of the three supplier performance measurement systems.
A)True
B)False
Q4) All supplier measurement systems have some element of subjectivity.
A)True
B)False
Page 11
To view all questions and flashcards with answers, click on the resource link above.
Chapter 10: Worldwide Sourcing
Available Study Resources on Quizplus for this Chatper
87 Verified Questions
87 Flashcards
Source URL: https://quizplus.com/quiz/22668
Sample Questions
Q1) A/An _____ is a secure location approved by the appropriate U.S. Customs and Border Protection (CBP) office.
A) offshore supplier
B) international purchasing office
C) agent
D) offset
E) foreign trade zone
Q2) All of the following are elements of total cost for worldwide sourcing except _____.
A) domestic corporate sales, general, and administrative expenses
B) packaging
C) base price
D) inventory carrying cost
E) insurance premiums
Q3) Whether the purchase transaction is with a domestic or offshore producer, there are certain common costs.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
Page 12
Chapter 11: Strategic Cost Management
Available Study Resources on Quizplus for this Chatper
83 Verified Questions
83 Flashcards
Source URL: https://quizplus.com/quiz/22669
Sample Questions
Q1) If total costs are less than target costs, the design must change or costs must be reduced.
A)True
B)False
Q2) _____ include(s) all costs incurred when a product, service, or capital equipment reaches the end of its useful life, net of amounts received from the sale of remaining product or the equipment (salvage value).
A) Net present value costs
B) Usage costs
C) Purchase price
D) End-of-life costs
E) Opportunity costs
Q3) Break-even analysis includes both cost and revenue data for an item to identify the point where revenue equals costs, and the expected profit or loss at different production volumes.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 13
Chapter 12: Purchasing and Supply Chain Analysis: Tools and Techniques
Available Study Resources on Quizplus for this Chatper
67 Verified Questions
67 Flashcards
Source URL: https://quizplus.com/quiz/22670
Sample Questions
Q1) Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.
A)True
B)False
Q2) Which of the following is not one of the six phases of a project?
A) Precompletion.
B) Project definition.
C) Preliminary studies.
D) Performance.
E) Post-completion.
Q3) If learning occurs at a supplier during the performance of a purchase contract, and the buyer does not take that into account, then the supplier will not reap the financial benefits that result from learning.
A)True
B)False
Q4) The longest path (in time) through a PERT network is the critical path.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 14
Chapter 13: Negotiation and Conflict Management
Available Study Resources on Quizplus for this Chatper
98 Verified Questions
98 Flashcards
Source URL: https://quizplus.com/quiz/22671
Sample Questions
Q1) Negotiation is noncritical means to convey the buyer's specific sourcing requirements and specifications to its supply base.
A)True
B)False
Q2) People seldom show the tendency to fill in the gaps when a discussion encounters silence.
A)True B)False
Q3) A negotiator can automatically assume that the other party thinks the same way he or she does.
A)True
B)False
Q4) The bargaining zone represents the heart of the negotiation process, as any proposal or counterproposal offered outside of this range is likely to be rejected by the other party because it is not what he or she is willing to settle for.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
15
Chapter 14: Contract Management
Available Study Resources on Quizplus for this Chatper
109 Verified Questions
109 Flashcards
Source URL: https://quizplus.com/quiz/22672
Sample Questions
Q1) In global commerce, people assume that the terms of one market are acceptable in another and do not recognize cultural or legal landmines.
A)True
B)False
Q2) To be successful, a good long-term contract needs to only consider the needs of the buyer.
A)True
B)False
Q3) A/An _____ is a purchase contract that is made on a continuing basis for a specified or indefinite period of time, typically exceeding one year.
A) one-time buy
B) short-term contract
C) spot contract
D) long-term contract
E) None of the above.
Q4) A carefully worded and prepared contract is not subject to any form of dispute or disagreement.
A)True B)False
To view all questions and flashcards with answers, click on the resource link above. Page 16
Chapter 15: Purchasing Law and Ethics
Available Study Resources on Quizplus for this Chatper
107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/22673
Sample Questions
Q1) The Federal Trade Commission Act makes price discrimination illegal and prohibits sellers from exclusive arrangements with purchasers or product distributors.
A)True
B)False
Q2) The _____ is an attempt by the United Nations to facilitate international trade by removing legal barriers.
A) U.C.C.
B) CISG
C) FCPA
D) FTCA
E) UNICEF
Q3) _____ essentially determines the nature of agreements that are enforceable and create legal rights between the parties.
A) Agency law
B) Contract law
C) Civil law
D) Litigation
E) None of the above.
To view all questions and flashcards with answers, click on the resource link above.
Chapter 16: Lean Supply Chain Management
Available Study Resources on Quizplus for this Chatper
73 Verified Questions
73 Flashcards
Source URL: https://quizplus.com/quiz/22674
Sample Questions
Q1) Anything less than perfect quality leads to waste.
A)True
B)False
Q2) Suppliers seldom offer quantity discounts to encourage larger orders from purchasers.
A)True
B)False
Q3) Record integrity is the result of various activities and procedures designed to ensure that the amount of _____ is equal to the computerized record of _____.
A) MRP .kanban
B) DRP .MRP
C) ROH .POH
D) POH .ROH
E) None of the above.
Q4) In a pull system, an upstream work center or operation will create output regardless whether a downstream center directly requests that output.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 18
Chapter 17: Purchasing Services
Available Study Resources on Quizplus for this Chatper
98 Verified Questions
98 Flashcards
Source URL: https://quizplus.com/quiz/22675
Sample Questions
Q1) Inland water carriers are usually accessible for most domestic shippers, as lakes, rivers, and canals are widely dispersed throughout the country.
A)True
B)False
Q2) Suppliers of multiple indirect items can often have multiple ship-to and bill-to addresses, resulting in numerous codes being assigned to the same supplier for each item.
A)True
B)False
Q3) The U.S. Bureau of Customs and Border Protection established the so-called "10+2" rule that affects all modes of transportation except ocean container freight.
A)True
B)False
Q4) Performance-based logistics has been widely adopted by the private sector.
A)True
B)False
Q5) A PBL agreement and a SLA are similar concepts.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 19
Chapter 18: Supply Chain Information Systems and Electronic Sourcing
Available Study Resources on Quizplus for this Chatper
69 Verified Questions
69 Flashcards
Source URL: https://quizplus.com/quiz/22676
Sample Questions
Q1) Facing increased cost pressure, organizations rely more on people to replace systems.
A)True
B)False
Q2) In a regular reverse auction, prices are anonymous, and the identity of the competitors is provided to all sellers.
A)True
B)False
Q3) In essence, blog posting encompasses any subscription-based or pay-per-use service that is in real time and over the Internet.
A)True
B)False
Q4) Which of the following is not one of the spending reduction strategies used following a spend analysis?
A) Consolidation of unrelated purchases.
B) Consolidation of similar purchases.
C) Reduction in the number of suppliers.
D) Reduction of maverick spend.
E) Increased use of more efficient contracting methods.
Page 20
To view all questions and flashcards with answers, click on the resource link above.
Chapter 19: Performance Measurement and Evaluation
Available Study Resources on Quizplus for this Chatper
62 Verified Questions
62 Flashcards
Source URL: https://quizplus.com/quiz/22677
Sample Questions
Q1) A common misconception is that a performance evaluation system should not measure every activity.
A)True
B)False
Q2) _____ refers to the extent to which, by choosing a certain course of action, management can meet a previously established goal or standard.
A) Operational benchmarking
B) Efficiency
C) Support-activity benchmarking
D) Effectiveness
E) None of the above.
Q3) Few measures drive behavior that is not what is intended or needed.
A)True
B)False
Q4) Measurement fails to motivate and direct behavior toward desired end results.
A)True
B)False
Q5) All aspects of performance lend themselves to quantitative measurement.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 21
Chapter 20: Purchasing and Supply Strategy Trends
Available Study Resources on Quizplus for this Chatper
36 Verified Questions
36 Flashcards
Source URL: https://quizplus.com/quiz/22678
Sample Questions
Q1) Providing ongoing purchase price and cost reduction, combined with quality and delivery performance improvement, is the maximum contribution expected of purchasing and supply.
A)True
B)False
Q2) Globalization will require that companies develop specific and tailored approaches to identify and hire foreign nationals.
A)True
B)False
Q3) Leading sustainability efforts with suppliers and their suppliers will decrease in importance.
A)True
B)False
Q4) Cross-functional teams will continue to be important to supply management strategy.
A)True
B)False
Q5) Firms, not supply chains, compete.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 22