The central element of what is purchased is called the core, and anything bought on top of that is called the value-addeds..
a. True
b. False
Indicate whether the statement is true or false
Question 2The equivalent sales increase for supply chain cost saving is found by dividing the cost saving by the organization's profit margin.
Indicate whether the statement is true or false
Question 3What term refers to the set of actors (or nodes) and the relational ties that link them?
a. team
b. group
c. network
d. forum
Question 4The arrangement of the parts of a research report is known as the ____.
a. results
b. format
c. introduction
d. summary
Question 5Companies can be myopic when they define their core business, focusing on their product offerings instead of recognizing that their true goal is offering benefits and value to their customers.
a. True
b. False
Indicate whether the statement is true or false
Question 6An index combines two or more metrics into a single indicator.
Indicate whether the statement is true or false
Question 7WOM works best on inherently __________ products.
a. practical
b. necessary
c. expensive
d. personal
Question 8A written statement of a research study and its results is known as a(n) ____.
a. communicator
b. medium
c. field of experience
d. research report
Question 9Many purchases have elements of both goods and services.
a. True
b. False
Indicate whether the statement is true or false
Question 10Supply chain management involves the control of raw material, in-process, and finished
goods inventories.
Indicate whether the statement is true or false
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