_____ are those items provided by suppliers and used directly during production or service delivery.
a. Direct materials
b. Indirect materials
c. Indirect services
d. Internal materials
e. Vendor managed inventories
Question 2During a recession there is
a. very little unemployment b. less discretionary income
c. increased consumer demand d. increased competition
Question 3The _____ states that success is a function of effectively managing a linked group of firms past first-level suppliers or customers.
a. supply chain orientation
b. value chain concept
c. traditional purchasing perspective
d. extended enterprise concept
e. process orientation
Question 4Which of the following is not a socio-culture issue?
a. government influence b. customer attitudes
c. customer lifestyles d. customer opinions
Question 5According to Michael Porter, a firm's _____ is composed of primary and secondary support activities that can lead to competitive advantage when configured properly.
a. supply chain
b. process
c. value chain
d. marketing channel
e. core competency
Question 6The __________ is the highest point of growth in the economy.
a. shoulder b. recession
c. peak d. inflation
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