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The Supply Chain Management Concept

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The Supply Chain Management Concept
THE SUPPLY CHAIN MANAGEMENT CONCEPT
Multiple Choice Questions 1. According to Professor Mentzer and colleagues, the supply chain concept originated in what discipline? c. logistics (c; p. 33) 2. The supply chain management philosophy emerged in which decade? d. 1990s (d; p. 33) 3. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows. b. supply chain (b; p. 34) 4. Although nearly any organization can be part of a supply chain, supply chain management requires: b. overt management efforts by the organizations in a supply chain (b; p. 35) 5. Two of the most prominent supply chain management frameworks are the Supply-Chain Operations Reference (SCOR) model and the ____ model. c. Global Supply Chain Forum (GSCF) (c; p. 35) 6. Which of the following is not one of the processes in the SCOR model? a. sell him him him(a; p. 35) 7. The current Global Supply Chain Forum (GSCF) model identifies ____________ key processes associated with supply chain management. d. eight (d; p. 35) 8. Which of the following are not key attributes of supply chain management? a. inventory control b. leveraging technology c. customer power d. a long-term orientation e. all are key attributes (e; p. 36) 9. Contemporary supply chains should be fast and ____________. b. agile (b; p. 37) 10. Contemporary supply chains should be agile and ____________. a. fast (a; p. 37) 11. An organization’s ability to respond to changes in demand with respect to volume and variety refers to ____. c. agility (c; p. 37) 12. What is a perfect order? a. simultaneous achievement of relevant customer metrics (a; p. 38)
13. Which of the following is not associated with relational exchanges?

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