Posted: September 16th, 2017

Devry BSOP434 week 6 quiz

1.(TCO 7) Which of the following is not a reason for why purchasers are adopting a more proactive and aggressive role in the procurement process? (Points : 3)

Myriad inefficiencies are associated with suppliers initiating marketing efforts toward purchasers.
An excess number of suppliers currently exists.
A competitive advantage in the supply chain is achieved.
Purchasers may be aware of important benefits that are not known to the supplier.
All of the above are reasons.

Question 2.2.(TCO 7) Procurement and _____ are viewed as synonymous terms. (Points : 3)

purchasing
inbound logistics
supply management
materials management

Question 3.3.(TCO 7) Procurement costs often range between _____ of an organization’s revenues. (Points : 3)

60%–80%
50%–70%
40%–60%
30%–50%

Question 4.4.(TCO 7) _____ is the second step of the supplier selection and evaluation process. (Points : 3)

Identify need for supply
Select suppliers
Identify and evaluate possible suppliers
Situation analysis

Question 5.5.(TCO 8) Which of the following is a political restriction on international trade? (Points : 3)

Nontariff barriers
Barring certain types of shipments
Tariffs
All of the above

Question 6.6.(TCO 8) Who oversees the efficient movement of an importer’s goods (and accompanying paperwork) through customs and other inspection points? (Points : 3)

A customshouse broker
An international freight forwarder
An import management company
A shippers’ association

Question 7.7.(TCO 8) A _____ is similar in nature to a domestic bill of lading and summarizes the entire transaction. (Points : 3)

shipper’s letter of instruction
shipper’s export declaration
commercial invoice
certificate of origin

Page 2

Question 1.1.(TCO 10) The most recent development in the supervision of trucks and their drivers involves (Points : 3)

cooperation among various law enforcement agencies.
tachographs.
digital cameras positioned at various locations along interstate and primary highways.
global satellites.

Question 2.2.(TCO 10) _____ refers to measurement that ensures conformity with an organization’s policies, procedures, and standards. (Points : 3)

Motivation
Management
Metrification
Control
None of the above

Question 3.3.(TCO 10) The two areas in logistics systems in which most energy costs occur are _____ and _____. (Points : 3)

customer service; warehousing
packaging; transportation
materials handling; packaging
warehousing; transportation

Question 4.4.(TCO 9) List at least one of the technologies that is a part of automatic TPS identification. (Points : 5)

 

Question 5.5.(TCO 10) What is the difference between centralized and decentralized logistics organizations? (Points : 5)

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