Use of awarding suppliers with longer-term contracts

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Reference no: EM132261339

True or False:

1. A popular structural improvement concept for supply chains is the use of awarding suppliers with longer-term contracts.

2. Using Supply Chain jargon, physical distribution is the flow of items from upstream nodes into a given company.

3. Supply chain risk can best be fully mitigated by having a good awareness of how failure-resilient their supply chain is.

4. Which of the following tools are used to organize ideas.

A) matrix diagram B) Histogram C) affinity Diagram D) check sheets E) Process map

5. Wal-Mart's effective distribution channels are best described as the firm's ________.

multidomestic strategy

institutional effect

key success factor

material culture

6. All of the following are benefits of a global B2B strategy EXCEPT ________.

expanded sales channels

improved customer loyalty

clear government jurisdiction

better relationships with distributors

7. All of the following are critical factors for success with a turnkey operation EXCEPT ________.

reliability of the infrastructure

availability of local supplies

royalty limits of host country

access to skilled workers

Reference no: EM132261339

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