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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);Question 6.6.(TCO 12) To what does forecasting accuracy refer? (Points: 5);Question 7.7.(TCO 11) What are the four factors used in determining a product's freight classification? (Points: 5)


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