All questions are MCQ. Need help immediately

1. There are two phases to order management: influence the order, and execute the order.

True

False

2. The Balanced Scorecard encompasses measures from the financial, customer, internal, and learning & growth perspectives

True

False

3. A company has 7% net profit. They implement a cost savings initiative that saves them $200,000. What is the sales revenue equivalent for this cost savings?

$2,857,143

$214,000

$14,000

None of the above

4. The procurement process concerned with managing priorities such that they are well-aligned with goals and objectives of the supply chain and of the overall organization is:

Strategic sourcing

Procurement

Purchasing

Fulfillment

5. Which of the following requires no calculations and has simple dimensions?

Index

Metric

Measure

None of the above

6. A well-run private fleet can operate at costs competitive with for-hire carriers while providing greater scheduling flexibility and control over transit time

True

False

7. Supply chain security is a balancing act between the need for safe and secure supply chains and the need for efficient flow of product

True

False

8. A well designed supply chain integrates the flow of products, the flow of information, and the flow of finances through the entire supply pipelline from the supplier's supplier to the customer's customer

True

False

9. Railroad transportation is mainly used for short-distance movement of high-value goods.

True

False

10. Under the gravity model of trade, the amount of trade between two countries is inversely proportional to the distance between the two countries

True

False