Question 1

Which of the following is an example of a closed-loop supply chain?

Options :

A : A farm supplying milk to a diary manufacturer

B :

The extraction of diamonds from a mine which are sold to a jewellery manufacturer

C : The sale of second-hand cars at a retail outlet

D : A retailer which accepts old phones to be given back to the manufacturer

Answer: D

Question 2

What is the primary motivation for offshoring?

Options :

A : cheaper holidays

B : exploit other countries' resources

C : cut costs

D : improve cultural competence

Answer: C

Question 3

Which of the following are advantages of using local sourcing? Select TWO

Options :

A :

higher costs

B :

less environmental impact

C :

cheaper

D : flexibility for support and maintenance

E :

higher quality

Answer: B,D

Question 4

In Six- Sigma, a 'Black Belt' is the highest level that can be achieved. Is this correct?

Options :

A : yes- a black belt implements Six Sigma in their full-time job

B : yes- a black belt trains project teams

C :

no- there are higher levels including Master Black Belt and Champion

D : no - green belt is the highest level that can be achieved

Answer: C

Question 5

ABC produces electronics and operates in a highly competitive industry in which new products are launched frequently. ABC has to be on top of new fashions and trends and be able to produce new, innovative forms of electronics in order to survive in the marketplace. Which of the following supply chain strategies should ABC employ?

Options :

A : Lean

B : Just in Time

C : Responsive

D : Agile

Answer: D