Learning-curve analysis highlights a key reason why many purchasers consolidate
purchase volumes with fewer suppliers.
a. True
b. False
Freight shipped _____ means the supplier retains title to the goods and controls the
shipment until it is physically received and off-loaded at the consignees dock.
a. FOB carrier
b. FOB origin
c. FOB destination
d. FOB in transit
e. None of the above
According to the UCC, which of the following is not one of the buyers rights?
a. Reject defective goods that the seller cannot repair within a reasonable time.
b. Unilaterally cancel a purchase contract for any reason.
c. Revoke acceptance of goods if the buyer discovers defects.
d. Sue for breach of contract.
e. Retain the right to recover costs and expenses caused by a breach of warranty.
Used under the right conditions, teams provide all of the following benefits to
organizations except _____.
a. synergies gained from a wider range of knowledge through collaboration
b. guaranteed success when using a team
c. better decision making
d. creation of a more involved workforce
e. facilitation of improved products and services
The measurement system should rely on quantitative data instead of qualitative feelings
and assessments.
a. True
b. False
A _____ sells services to anyone on the Internet.
a. semi-private cloud
b. private cloud
c. public cloud
d. blog
e. SMAC
The most common method for overcoming barriers to worldwide sourcing involves
education and training, which can generate support for the process as well help
overcome the anxiety associated with change.
a. True
b. False
_____ is defined as the power that somebody has to affect other peoples thinking or
actions by means of argument, example, or force of personality.
a. Negotiation
b. Influence
c. Ethics
d. Sharp practice
e. Reciprocity
All of the following are advantages of a weighted-point supplier evaluation system
except _____.
a. flexible system
b. supplier ranking allowed
c. moderate implementation costs
d. total cost approach
e. quantitative and qualitative factors combined into a single system
Today, software solutions are aimed at collaboration among supply chain partners
through point of sale systems, RFID, and other information-sharing systems.
a. True
b. False
When freight is shipped _____, the buyer, or consignee, is responsible for choosing the
carrier, arranging for the physical movement of the goods, paying the freight bill, and
filing loss and damage claims.
a. FOB destination
b. FOB origin
c. FOB delivered
d. FOB supplier
e. None of the above.
The _____ clause in a contract describes how an issue will be addressed if a portion of
the agreement is void or unenforceable, and which court of law will resolve the
difference.
a. force majeure
b. severability
c. notices
d. intellectual property
e. supply and delivery
Certain risks, such as those arising from war, piracy, and losses attributable to delays in
transit, are generally covered by standard insurance policies.
a. True
b. False
Which of the following is not one of the advantages of water carrier over other modes
of transportation?
a. Good for bulk commodities (inland).
b. High flexibility.
c. Good for heavy, large items (international).
d. Can handle most types of freight.
e. Low cost.