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- 1. Multiple Choice
A business' supply chain includes __________________
all companies involved in the upstream flow
all companies involved in the downstream flow
all processes from raw materials to consumption
All of the Above
- 2. Multiple Choice
Which of the following correctly describes a flow within the supply chain?
The material flow usually moves upstream
The flow of cash is predominantly downstream
Exchange of information moves in both directions
All of the above
- 3. Multiple Choice
The purpose of supply chain management is to...
Meet customer demands
Improve quality of a product
Increase profitability
Increase production
- 4. Multiple Choice
Which of the following is NOT one of the 4 Rs of supply chain management?
Resilience
Relationships
Robustness
Responsiveness
- 5. Multiple Choice
Which of the following statements is true of LEAN supply?
Lean supply focuses on advanced statistical methods
Lean supply focuses on quick reaction to changes in demand
Lean supply focuses on reducing waste
All of the above
- 6. Multiple Choice
Which of the following is true of AGILE supply
Agile supply prioritises cost reduction
Agile supply prioritises adaptability
Agile supply is best for predictable market demand
Agile supply is best for commodity products
- 7. Multiple Choice
How long does it take Zara to design, manufacture and distribute a new product item?
5 days
25 days
45 days
65 days
- 8. Multiple Choice
Which of the following is not part of the triple bottom line?
People
Products
Profit
Planet
- 9. Multiple Choice
What is radical transparency?
Complying with the demands of environmental pressure groups
Analysing the environmental footprint of your products
Subcontracting production to other companies to hide supply chain practices
Openly sharing supply chain information with customers
- 10. Multiple Choice
How much water is consumed in the lifecycle of one pair of Levi's 501s?
37 litres
371 litres
1, 378 litres
3,781 litres
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