Escolar Documentos
Profissional Documentos
Cultura Documentos
Answer: True
14.The extended enterprise means a group of firms collaborating as a supply alliance,
i.e. a strategic network or virtual corporation.
Answer: True
15.The key role of a supply management professional is one of leadership.
Answer: True
16.The final step in the typical purchasing cycle for materials in to audit the invoice.
Answer: False
17.Supply management must be a core competency based on its impact on the bottom
line.
Answer: True
18. SM requires change, driven by upper management.
Note: SM means Supply Management
Answer: True
19. World-class supply managers proactively improve supply processes.
Answer: True
20. When a group or network of firms collaborates in a partnership (alliance) fashion;
the collaboration is sometimes referred to as a strategic network, virtual
corporation, or extended enterprise.
Answer: True
21. When the group of firms view each other as partners and collaborate effectively for
the good of the larger group, then they leave established an extended enterprise
characterized by virtual integration.
Answer: True
22. Strategic sourcing is about understanding the markets you're purchasing from
inside and out and learning from your own organization and your suppliers'
organizational processes, working as a mediator between suppliers and your
organization, and capturing information and using it to improve relationships.
Answer: True
23. Strategic sourcing requires two-way continuous improvement process work from
each organization.
Answer: True
24. Maintenance is an issue that should be considered after equipment has been
purchased.
Answer: False
25. Supply management does not have much of an impact on the bottom line.
Answer: False
26. SM does not require change driven by upper management.
Answer: False
27. World-class supply managers need not improve supply processes before the
processes have been implemented.
Answer: False
Burt, Petcavage and Pinkerton Supply Mangement, 8th edition
23. Managing supplier relationships, contracts, placement of purchase orders and other
transaction focused activities are _____ responsibilities:
:
A) strategic
B) short term
C) long term
D
D) operational
E E) action
Answer: D
24. Aside from reducing potential duplication of efforts, the major advantage of
centralized purchasing is:
:
A) improved inventory control
B) leveraged volume purchasing
C) consolidation
F
D) transportation savings
G E) lower administrative costs
Answer: B
25. When a firms major activity is research and development, the firm will most likely
use:
:
A) centralized purchasing
B) headquarter purchasing
C) decentralized purchasing
H
D) hybrid purchasing structure
I E) a specialized purchasing staff at headquarters
Answer: C
26. E-commerce has facilitated the use of:
A) centralized purchasing
B) decentralized purchasing
C) hybrid purchasing
J
D) none of the above
K E) A, B & C
Answer: C
:
27. The materials management organization structure paved the way for _____
structure:
:
A) value network chain structures
B) supply chain management structure
C) procurement management structure
L
D) purchasing centralization
M E) purchasing decentralization
Answer: B
28. The most significant advantage of the supply chain management structure is:
A) it facilitated a total systems approach to stimulate integration
B) it uses the internet to extract key information
C) it increases the visibility of the purchasing department
N
D) it focuses management attention on quality
:
42. Which of the following is not one of the benefits of supply alliances?
A) Lower total costs
B) Reduced time to market
C) Increased inspection levels
D) Improved technology flow from suppliers
E) Improved continuity of supply
Answer: C
43. Which of the following is not an attribute of alliances?
A) Continuous improvement
B) Contracts that are difficult to interpret
C) Interdependence and commitment
D) Atmosphere of cooperation
E) Informal interpersonal connections
Answer: B
44. Which of the following is not an attribute of alliances?
A) Internal infrastructures to enhance learning
B) Openness in all areas of the relationship
C) Negotiations result in one winner
D) A living system
E) A shared vision of the future
Answer: C
45. Which of the following is not an attribute of alliances?
A) Ethics take precedence over expediency
B) Adaptable in the face of change
C) Penalties are used to guide performance
D) Win-win negotiations
E) Executive level commitment
Answer: C
46. Which of the following is not one of the issues that affect a supplier's assessment of
a buying firm?
A) Cash Flow
B) Openness and Approachability
C) Availability
D) Professionalism
E) Gifts and gratuities
Answer: E
47. Which of the following is a situation wherein an alliance may be appropriate?
A) Price Volatility
B) Synergistic collaborative design opportunities exist
C) Demand Volatility
D) High Switching Likelihood with High Switching Costs
E) No Partnership/Alliance-Capable Supplier for the Item
Answer: B
48. Which of the following is a situation wherein an alliance may be appropriate?
A) Demand is Stable
B) No Partnership/Alliance-Capable Supplier for the Item
C) No Partnership/Alliance-Capable Supplier in the Geographic Area
D) Rapid Technological Change
E) Mismatch of Clock Speed
Answer: A
Burt, Petcavage and Pinkerton Supply Mangement, 8th edition
Answer: True
10. The ideal services supplier focus on cost reduction ahead of customer satisfaction.
Answer: False
11. Satisfaction is cannot be built into service products but must be added as an
afterthought.
Answer: False
12. The procurement of services is a relatively simple assignment in supply
management that usually results in lower pay for the supply manager.
Answer: False
13. Supply management frequently must assume a less active role in services
procurement than when purchasing materials.
Answer: False
14. The four formats for statements of work given in the textbook are: performance,
functional, design and firm fixed price.
Answer: False
15. In planning the statement of work, all of the following should be considered:
statistical process control, process capability analysis, and the sampling
methodology.
Answer: False
16. In writing an effective S.O.W. as given in the textbook, the S.O.W. should not include
explanations of the interrelationship between tasks or constraints and limitations.
Answer: False
17. In writing an effective S.O.W. as given in the textbook, brevity should be used by
utilizing as many abbreviations as possible and not including procedures and or
extraneous statements.
Answer: False
18. The Constraint-Based Method is one methods of purchasing construction services as
presented in the textbook.
Answer: False
19. Which of the following is not one of the four formats for statements of work?
A) Performance S.O.W., which details everything the buyer wants
B) Functional S.O.W., which defines what the buyer is trying to do
C) Design S.O.W., which is the most detailed type of statement of work
D) Development S.O.W., which specifies the assistance that a buying firm must
provide the supplying firm during the length of the contract
E) Level-of-Effort S.O.W., which is a specialized version of the performance
statement of work
Answer: D
20. Which is usually not included in planning the statement of work?
A) Work approvals
B) Process flows in the supplier's facility
C) Use of subcontractors
D) Authorized personnel
E) Exhibits, schedules, and attachments
Answer: B
Burt, Petcavage and Pinkerton Supply Mangement, 8th edition
Answer: C
17. Which of the following is a consideration that favors buying a product?
A) Control over quality
B) Multiple-source policy
C) Design secrecy required
D) Unreliable suppliers
E) Desire to maintain a stable work force in a period of reduction of sales
Answer: B
18. Which of the following is a consideration that favors making a product?
A) Unreliable suppliers
B) Stable work force is desired in a period of rising sales
C) Multiple-source policy
D) Indirect managerial control considerations
E) Procurement and inventory considerations
Answer: A
19. Which of the following is a consideration that favors making a product?
A) Limited production facilities
B) Cost considerations dictate that it is less expensive to buy
C) Desire to maintain a stable work force in a period of reduction of sales
D) Small-volume requirements
E) Suppliers' specialized know-how
Answer: C
20. Which of the following is a major element typically included in a to buy cost
analysis?
A) Delivered purchased material costs
B) Transportation costs
C) Direct labor costs
D) Any follow-on costs stemming from quality and related problems
E) Incremental inventory carrying costs
Answer: B
21. Which of the following is a major element typically included in a to buy cost
analysis?
A) Incremental factory overhead costs
B) Incremental managerial costs
C) Incremental purchasing costs
D) Incremental costs of capital
E) Receiving and inspection costs
Answer: E
22. Which of the following is a major element typically included in a to make cost
analysis?
A) Direct labor costs at your facility
B) Purchase price of the part from the supplier
C) Transportation costs
D) Receiving and inspection costs of incoming goods
E) Any follow-on costs related to quality or service provided by the supplier
Answer: A
23. Which one of the following points is not a reason that Netsourcing has become
popular?
Burt, Petcavage and Pinkerton Supply Mangement, 8th edition
A)
B)
C)
D)
Netsourcing
Netsourcing
Netsourcing
Netsourcing
personnel
E) Netsourcing
Answer: E
24. Which one of the following points is not a reason that the Make-or-Buy Decision is
often a volatile decision?
A) Rigid formulas and rules of thumb are often used, which are often a poor choice
to apply
B) The make-or-buy question is influenced by a multitude of diverse factors that are
constantly changing
C) Companies do not support promotions based on cost savings
D) The relevant factors for the decision often vary immensely from one firm to
another
E) Companies often do not periodically evaluate the effectiveness of their past
decisions to generate information helpful in guiding future decisions
Answer: C
25. Which of the following points is not considered a danger of outsourcing?
A) Loss of control
B) Loss of client focus
C) Loss of centralization
D) Loss of clarity
E) Loss of cost control
Answer: C
26. Which of the following points is not considered a danger of outsourcing?
A) Loss of cost control
B) Ineffective management
C) Loss of confidentiality
D) Double outsourcing
E) Lack of responsibility
Answer: E
27. Which of the following activities or steps was not included in the typical framework
for outsourcing provided in the textbook?
A) Development of a strategic roadmap
B) Development of a decision flowchart
C) Development of a tactical roadmap
D) Development of a transition back plan
E) Development of a review system
Answer: C