The main purpose of market research for supply chain design is to identify:

Potential markets and analyzing them

The best use of information technology (IT)

The best location of markets to minimize transportation costs

Sourcing via an internet-based trading exchange would be most appropriate for which of the following types of raw materials?

Inexpensive material for which there are several substitutes

Expensive material that is critical to the finished product

Inexpensive material for which there are several substitutes

Expensive material for which there are many sources

Inexpensive material that is critical to the finished product

Which of the following risks is associated with outsourcing?

Reduction of capital investment

Which of the following technologies best enables pulling products through the supply chain?

Automatic identification system (AIS)

Customer relationship management (CRM)

Supply chain event management (SCEM)

Which of the following statements best describes a fundamental requirement for developing and maintaining good business relationships in an effective supplier partnership?

A means of periodic feedback must be in place for issue resolution.

The supplier must commit to meeting the customer's performance metrics.

The buyer must commit to improving processes.

A means of periodic feedback must be in place for issue resolution.

Both parties must focus on cost reduction to improve competitiveness.

Implementing customer relationship management (CRM) will enable a company to:

consolidate and integrate customer data.

provide a customer portal for ordering.

offer a standardized sales approach to all customers.

consolidate and integrate customer data.

give salespeople access to real-time order information.

Which of the following effects is most likely to occur for a supply chain within a trading bloc?

Shorter lead times due to decreased border crossing scrutiny

Increased loss of intellectual property

Increased growth due to consolidation

Loss of business due to more imports

Shorter lead times due to decreased border crossing scrutiny

A company whose business strategy is to be environmentally responsible would most likely have a supply chain focused on:

reducing the size of facilities.

One of the difficulties in purchasing services is to:

measure the quality of services provided.

be fully knowledgeable of the services provided.

completely understand the service provider's supply chain.

estimate the service provider's cost.

measure the quality of services provided.

The ultimate goal of a supply contract is to achieve which of the following outcomes?

Share risk and increase profits for both entities.

Minimize the risk of stockouts for the buyer.

Reduce the risk of excess inventory for the supplier.

Share risk and increase profits for both entities.

Decrease quality issues and product returns.

The purpose of the Global Reporting Initiative (GRI) is to summarize which of the following guidelines?

Sustainability reporting guidelines regardless of country

Country-specific best practices in sustainability reporting

Continent-specific best practices in sustainability reporting

Governmental sustainable reporting regulations

Overall supply chain risk may be increased by implementing which of the following strategies?

Single sourcing a product that makes the highest annual profit

Outsourcing products that are not well suited to a company's operations

Identifying multiple sources for a product with the potential for supply chain disruption

Internally manufacturing products with high levels of technical intellectual property

Which of the following statements about functional products is true?

They have an unpredictable demand.

They are sold at a limited number of locations.

Inbound logistics is a supply chain management term used for:

receiving, inventorying, and issuing materials to the production activities.

receiving, storing, and issuing finished goods to consumers.

activities associated with transforming inputs into final products.

receiving, inventorying, and issuing materials to the production activities.

providing services to customers to maintain the value of the product.

Which of the following factors would typically represent period demand?

Forecasts, customer orders, and promotions

National sates projections, on-hand inventory, and product life cycle

Customer orders, product life cycle, and forecasts

On-hand inventory, promotions, and national sales projections

Forecasts, customer orders, and promotions

Which of the following statements regarding intellectual property protection is correct?

The suppliers and countries involved need to have legal constraints in place to protect intellectual property.

There is minimal concern about protecting a firm's intellectual property when sourcing abroad.

The suppliers and countries involved need to have legal constraints in place to protect intellectual property.

Products or components with high intellectual property content should be sourced globally.

The legal systems in most low-cost countries provide adequate trade secret protection.

APICS CSCP Practice Test 14 - Free Online Exam Questions 521-547

Spam

Selling illegal goods, money scams etc.

Hate Speech

Serious attack on a group.

Harassment and bullying

Harassing an individual (including doxing)

Harmful activities

Threatening or glorifying violence or serious harm, including self-harm

Adult content (Consensual)

Nudity/Sexual content

Sexual exploitation and abuse (child safety)

Sexually explicit or suggestive imagery or writing involving minors

Sexual exploitation and abuse (adults and animals)

Sexually explicit or suggestive imagery or writing involving non-consenting adults or non-humans

Plagiarism

Reusing content without attribution (link and blockquotes)

Poorly written

Not in English or has very bad formatting, grammar, and spelling

Inappropriate credential

Author's credential is offensive, spam, or impersonation

Other

Ex. Illegal content, incomplete question...

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