episode 05 exercise 01

Part 1

In this section you'll find a number of questions and activities. After you've made your selections, click on the "How did I do?" button to view the correct answers and explanations for the questions.

CanGo's first task is to assess external threats and develop the best alternative to deal with uncertainties in the supply chain.

1.	One of the threats CanGo considers is that of writers selling directly to the public on the Web. This process, through which organizations bypass other levels early in the supply chain so that those organizations can sell directly to the consumer, is called
	a. vertical integration.
	b. suppy integration.
	c. disintermediation.
	d. direct marketing.

2.	In order for CanGo to integrate vertically, it would
	a. open up a physical retail store.
	b. buy a book wholesaler.
	c. buy another Web company that sells books.
	d. All of the above are examples of vertical integration.

3.	Forward vertical integration refers to
	a. buying a supplier that supplies parts or products.
	b. buying a source of raw material.
	c. buying a distributor of your products or an organization closer to the customer.
	d. more tightly integrating your trading partners.

4.	Outsourcing is a term used when a company
	a. purchases goods and services that were initially produced within the firm.
	b. uses work-at-home employees who would not otherwise be able to find employment.
	c. uses finished goods warehousing at the customer location to reduce delivery time.
	d. decides to use multiple vendors for each part.

5.	Tighter integration and improved communication between different organizations in the supply chain, especially between manufacturers and retailers, has been made possible primarily by
	a. outsourcing.
	b. technology.
	c. increased inventory.
	d. multiple suppliers.

6.	ERP systems are an outgrowth of
	a. just-in-time systems.
	b. the reengineering movement.
	c. TQM systems.
	d. MRP systems.

7.	The automatic transmission of information from the computer systems in one organization to those in another organization is known as
	a. EDI.
	b. MRP.
	c. ERP.
	d. CTC.

page 3 of 11 | go to page: 1 2 3 4 5 6 7 8 9 10 11