QUESTION 11

1. "THE TERM ORDERING, BUYING & PURCHASING ARE STRATEGIC & LONG TERM IN NATURE"

   True

   False

0.5 points

QUESTION 12

1. LC stands for

   		Letter of Credential
   		Letter of Credit
   		Letter of compensation
   		Loaded Container

0.5 points

QUESTION 13

1. E PROCUREMENT HAS A HIGHER OPERATING COST

   True

   False

0.5 points

QUESTION 14

1. THE FIRM BREAK DOWN SILO WALLS & BRING FUNCTIONAL AREA TOGETHER IN PROCESS SUCH AS S&OP WITH A FOCUES ON COMPANY WIDE PROCESS THIS STATEMENT IS TRUE FOR

   		EXTENDED ENTERPRISE
   		INTEGRATED ENTERPRISE
   		SEMIFUNCTIONAL ENTRPRISE
   		MULTIPLE DYSFUNCTION

0.5 points

QUESTION 15

1. PRICING EFFECTS THE BEHAVIOUR OF THE . OF THE GOODS OR SERVICES

   		BUYER
   		SUPPLIER
   		PRODUCER
   		DISTRIBUTOR

0.5 points

QUESTION 16

1. Managing activities of storage & movement of finished product to customer is

   		Distribution Management
   		Inventory Optimization
   		Supply chain Risk
   		Strategic Management

0.5 points

QUESTION 17

1. ______________ demand items need to be forecast

   		Independent
   		Dependent
   		Both independent and dependent
   		Neither independent nor dependent

0.5 points

QUESTION 18

1. RETAIL GOODS ARE AN EXAMPLE OF WHICH OF THE FOLLOWING

   		MAKE TO ORDER
   		ASSEMBLE TO ORDER
   		MAKE TO STOCK

0.5 points

QUESTION 19

1. USE OF EXISITING IDLE CAPACITY IS ONE OF THE REASON FOR OUTSOURCING

   True

   False

0.5 points

QUESTION 20

1. WORK IN PROCESS ARE THE ITEMS THAT HAV YET NOT ENTEREND THE PRODUCTION

   True

   False

course name supply chan management