Question 1

An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage. What is meant by Competitive Advantage?

Options :

A : Outperforming competitors financially

B : Becoming the leader in the marketplace through working closely with the supply chain

C : A benefit that an organisation can use to out perform competitors in the marketplace

D : Cost savings by narrowing the supply chain

Answer: C

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

Six-Sigma is only suitable to the manufacturing industry. Is this correct?

Options :

A :

yes- this reduces defects in the supply chain

B : yes- it is an excellent way of reducing costs

C : no- six sigma can be used across all industries and enables bottom-line savings

D : no- six sigma is not suitable for the manufacturing industry

Answer: C

Question 4

2021-12-07-20-47-31-e2d86f27b567b81e2029955b255da44e

Which of the following will you put into box 2?

Options :

A : Strategic

B : Bottleneck

C :

Tactical

D : High Risk

Answer: B

Question 5

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Which of the following will you put into box 6?

Options :

A : outsource

B : strategic alliance

C : retain

D : eliminate

Answer: B