SCMT 370 Chapter 13 Quiz PDF

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SCMT 370 Chapter 13 Quiz

1. If the supplier perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, but there are problems, the supplier is most likely to: be willing and able to make rapid price, delivery, and quality adjustments in response to requests from the purchaser.

2. Supplier goodwill cannot be quantified or measured so it is the supply manager's best estimate as to how much supplier goodwill has been generated. False

3. Supply management and demand management are critical to effectively managing supply chains. True

4. Supply chain management is: internally focused to align with other functions and externally focused upstream through the supplier network and downstream through the customer network.

5. One of the main concerns about buyer-supplier partnerships is: if internal users will go along with the idea.

6. Research on the "dark side of buyer-supplier relationships" has identified the following potential problem(s) with overcommitting to supplier partnerships in the long-term: loss of objectivity, ineffective decision making and costly investments.

7. Buyer-supplier relationships fall somewhere on a continuum from competitive to cooperative to collaborative.

True

8. When evaluating suppliers, the most judgment is usually required when measuring performance for: Service.

9. Unilateral price increase without notice is an example of "crunch" or a negative tool for the supplier to shift position on the buyer-supplier satisfaction matrix. True

10. As the buyer-supplier network grows in size and complexity, the need to have a more informal system for evaluating current sources also increases. False...