Chapter 15 Supply Chain Management True / False Questions

Chapter 15 - Supply Chain Management

Chapter 15

Supply Chain Management

True / False Questions

1.

In the four P's of marketing, place refers to all the activities required to get the right

products to the right customer when that customer wants it.

True

False

2.

Supply chain management creates value by getting products to customers efficiently.

True

False

3.

A marketing channel and a supply channel are virtually the same.

True

False

4.

Logistics management concentrates on control of retail sales in the supply chain.

True

False

5.

Logistics managers tend to focus on making sales while marketing managers tend to focus

on keeping costs low.

True

False

6.

Every marketing decision is affected by and has an effect on the supply chain.

True

False

7.

CPFR refers to cost, profit, frequency, and return in an inventory management system.

True

False

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Chapter 15 - Supply Chain Management

8.

Radio frequency identification tags (RFIDs) automatically transmit information about a

container's contents or individual products.

True

False

9.

Quick response systems allow retailers to maximize their inventory holdings.

True

False

10.

Supply chain relationships evolve when the parties want something from one another.

True

False

11.

For a supply chain to operate efficiently, the participating members must cooperate.

True

False

12.

Conflicts within a supply chain tend to be more pronounced when the members are part of

a vertically integrated corporation.

True

False

13.

Successful supply chain relationships develop because all parties make credible

commitments to the relationship.

True

False

Multiple Choice Questions

14.

Nicole Miller, the New York dress designer and manufacturer, was able to improve its

operations and the relations with its customers through:

A.

establishing an EDI system.

B.

using an ASN to help the customers with their work flow and speed up payments.

C.

providing floor-ready merchandise.

D.

enabling a more expedited flow of information.

E.

All of the above.

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