Which of the following statements is false regarding the relationship of the Internet and SCM?
A) The Internet promotes efficiency across the supply chain.
B) The Internet promotes effectiveness across the supply chain.
C) The Internet permits suppliers to gain real-time knowledge of their customer's needs for materials and components.
D) The use of the Internet as a part of supply chain management has allowed business marketers develop new products in a more timely manner.
E) The Internet has provided companies the opportunities to increase channel inventories.
Question 2The Internet has allowed business marketers to realize several supply chain related benefits, including more timely:
A) product development.
B) access to new customer segments.
C) reduction in communication and customer support costs.
D) all of the answer choices.
E) both access to new customer segments and reduction in communication and customer support costs.
Question 3Waste reduction throughout the supply chain is accomplished by minimizing:
A) duplication.
B) harmonizing operations and systems.
C) quality defects.
D) all of the answer choices.
E) both duplication and harmonizing operations and systems.
Question 4The underlying premise of SCM is that waste reduction and enhanced supply chain performance will exist when there is both intrafirm and interfirm:
A) functional integration.
B) sharing.
C) cooperation.
D) all of the answer choices.
E) both sharing and cooperation.
Question 5Which of the following statements is false regarding supply chain management?
A) SCM seeks to create an overlap among participants in the supply chain.
B) Traditional supply chains openly share information across the supply chain.
C) Non-integrated approaches to managing product and information flows are expensive and time consuming.
D) Aligning both internal and external processes is the ultimate goal of SCM.
Question 6Supply chains should manage _____ in an integrated manner across organizational borders.
A) relationships
B) information
C) material flow
D) all of the answer choices.
E) both information and material flow.
Question 7Which of the following statements are false regarding Supply Chain Management?
A) SCM is one of the predominant management approaches driving many organizations.
B) The supply chain increasingly is seen as the main conduit for getting products from its source to the ultimate customer.
C) The supply chain touches almost every function within the organization.
D) The supply chain has the greatest impact on customer satisfaction and the greatest potential for improving the bottom line and enabling competitive advantage.
E) All of the answer choices are true statements.
Question 8Despite the advantages, some firms are reluctant to use third party logistics firms because:
A) of the diminished direct contact with customers.
B) they lose direct control of the logistics process.
C) of the problems associated with terminating internal operations.
D) all of the answer choices.
E) both they lose direct control of the logistics process and of the problems associated with terminating internal operations.