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Total 330 Questions | Updated On: Nov 21, 2024

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Question 1

Which of the following is an example of a supplier quality score?

A : A qualitative assessment of the supplier's strengths and weaknesses using SWOT analysis or feedback surveys

B : A graphical representation of the supplier's performance trends over time using control charts or dashboards

C : A numerical rating based on a weighted average of product quality, delivery, cost, and responsiveness metrics

D : A ranking of the supplier's performance relative to other suppliers using Pareto charts or scorecards

Answer: C

Question 2

How can a company effectively negotiate with a supplier for better service terms without authority?

A : By using aggressive bargaining tactics to intimidate the supplier

B : By threatening to switch to another supplier during every discussion

C : By withholding payment until the supplier agrees to the terms

D : By understanding the supplier's interests and proposing mutually beneficial terms

Answer: D

Question 3

Which of the following best describes the purpose of a well-defined Supply Chain Vision?

A : To guide long-term strategic decisions

B : To detail specific supplier contracts

C : To establish daily operational procedures

D : To focus on short-term financial gains

Answer: A

Question 4

What is the responsibility of an individual team member in a project?

A : To contribute specific skills and complete assigned tasks

B : To take over the leader's responsibilities

C : To manage other team members' schedules

D : To observe the team without active participation

Answer: A

Question 5

What is the primary purpose of conducting an audit on a potential supplier?

A : To negotiate lower prices

B : To understand the supplier's organizational structure

C : To evaluate the supplier's marketing strategies

D : To assess the supplier's adherence to quality standards

Answer: D

Page: 1 / 66

Total 330 Questions | Updated On: Nov 21, 2024

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