Assistance for TLMT 313 AMU quiz 3 Supply chain management American Military University is available at Domyclass
TLMT 313 AMU Quiz 3
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Part 1 of 1 –
Question 1 of 12
Outsourcing has become a way to increase an organization’s flexibility to meet rapidly changing market conditions, focus on core competencies and develop competitive advantage. As a result, the need for SM has intensified and positioned supply managers as agents of strategic change critical to supply chain success.
Question 2 of 12
Outsourcing decreases an organization’s flexibility to meet rapidly changing market conditions, but it can usually reduce total costs in the long-term.
Question 3 of 12
Early supply management involvement is an approach in supply management to bring the expertise and collaborative synergy of suppliers into the design process
Question 4 of 12
The strategic sourcing plan should be developed in a collaborative environment that includes all relevant functional area representatives and supply chain members.
Question 5 of 12
Foreign governments never impose countertrade requirements.
Question 6 of 12
Statutory rates are full rates for tariffs.
Question 7 of 12
Which of the following is not a strategic issue in making the outsourcing decision?
A.The Issue of Short-term Vulnerabilities
D.The Creation of Strategic Vulnerabilities
E.The Dangers of Vertical Integration
Question 8 of 12
Which of the following is a consideration that favors buying a product?
A.Control over quality
C.Design secrecy required
E.Desire to maintain a stable work force in a period of reduction of sales
Question 9 of 12
Which of the following is not one of the conditions demanding negotiation?
A.Impossible to estimate costs with a high degree of certainty
B.Price is not the only important variable
C.Market must consist of an adequate number of sellers
D.Purchasing firm anticipates a need to make changes in the specification
E.Special tooling of setup costs are major factors
Question 10 of 12
If a supplier is unlikely to meet future requirements, the buying firm has several alternatives. Which is typically not one of the alternatives?
A.Assist with financing to help the supplier meet future requirements
B.Negotiate a better price with the supplier for the current contract
C.Assist with technological assistance to help the supplier meet future requirements
D.Develop new sources to replace the supplier
E.Develop the capability internally to replace the supplier
Question 11 of 12
Which of the following is not one of the three stages to global supply management presented in Chapter 12?
D.Global Supply Management
Question 12 of 12
Which of the following is not one of the features of a transnational corporation?
A.Distributed, highly autonomous local operations
B.Highly differentiated products
C.Global real-time flow of intellectual property
D.Promotes democracy throughout the world
E.Worldwide flow of raw materials, and finished goods, highly insensitive to both national and corporate boundaries