Question 1

The idea of a virtual organization implies that:&#10;A)all logistics activities must be included in the same formal organizational unit.&#10;B)formal organizational structure is critical to accomplishing logistics flows&#10;C)centralization of logistics activities is critical&#10;D)logistics does not necessarily have to exist as a formal organizational unit

Accepted Answer

The idea of a virtual organization means that logistics does not need to exist as a formal organizational unit. Instead, logistics functions can be outsourced or handled by third-party providers. This allows for greater flexibility and scalability in supply chain management.

Question 2

As a general rule, a supply chain member whose logistical competency is highly specialized or unique:&#10;A)will participate in multiple supply chains&#10;B)assumes more risk in overall supply chain performance&#10;C)doesn't have to worry about power relationships in a supply chain&#10;D)has no useful role in a supply chain

Accepted Answer

A supply chain member with highly specialized or unique logistical competency is likely to be in demand across multiple supply chains, as their expertise can add significant value to different organizations.

Question 3

Which of the following is not considered a barrier to achieving process integration?&#10;A)measurement and reward systems&#10;B)organization structure&#10;C)knowledge hoarding&#10;D)financial resources

Accepted Answer

Financial resources may impact the ability to implement process integration, but it is not considered a barrier to achieving it. The other options (measurement and reward systems, organization structure, knowledge hoarding) are all commonly recognized barriers to achieving process integration.

Question 4

Over the last several decades, power in supply chains has increasingly been shifting to:&#10;A)manufacturers&#10;B)third party logistics providers&#10;C)retailers&#10;D)wholesalers

Accepted Answer

Retailers have been gaining more power in supply chains as they are often the direct interface with consumers and therefore have more influence over product demand. They can leverage this influence to negotiate better prices and terms with suppliers, including manufacturers and wholesalers. Third party logistics providers and manufacturers may also have some power, but overall, the trend has been towards retailers having the most power in supply chains.

Question 5

Initial implementation of successful supply chain collaborative relationships seems to require:&#10;A)compatible information systems&#10;B)identical organizational cultures&#10;C)common organizational vision&#10;D)all of the above

Accepted Answer

The answer of Initial implementation of successful supply chain collaborative...

Question 6

The text makes reference to a situation it calls &#34;The Great Divide&#34;.While this divide has many different possible forms, it is most frequently observed in:&#10;A)a divide between procurement and manufacturing&#10;B)a divide between distribution and marketing&#10;C)a divide between finance and accounting&#10;D)none of the above

Accepted Answer

The term "The Great Divide" can refer to various types of divides or gaps in different contexts, but without specific information about the context in which it is used here, none of the provided options (A, B, C) can be definitively identified as the most frequently observed form of "The Great Divide."

Question 7

most elementary form of collaboration in supply chains is seen in the form of:&#10;A)contracting&#10;B)outsourcing&#10;C)alliances&#10;D)administered systems

Accepted Answer

Contracting is the most basic and fundamental form of collaboration in supply chains. It involves the establishment of a legally binding agreement between two or more parties that specifies the terms and conditions of their collaboration. This can include agreements on pricing, delivery schedules, quality standards, and other aspects of the supply chain relationship. Outsourcing, alliances, and administered systems are more complex and advanced forms of collaboration that may involve greater levels of integration and coordination between partners.

Question 8

The idea of structuring logistics as an integrated organization:&#10;A)has been a concern since the beginning of the industrial revolution&#10;B)first appeared in the 1950s&#10;C)became necessary because of advanced information systems&#10;D)is more important for manufacturers than it is for retailers

Accepted Answer

The idea of structuring logistics as an integrated organization first appeared in the 1950s, when physical distribution (the forerunner of logistics) became recognized as a key component of business success.

Question 9

Which type of supply chain relationship typically requires the least information sharing among participants.&#10;A)outsourcing&#10;B)alliance&#10;C)contracting&#10;D)administered

Accepted Answer

Contracting typically involves a one-time transaction or short-term agreement, with specific terms and conditions already established. This means that there is less need for ongoing communication and sharing of information between the participants compared to other types of relationships like outsourcing or alliances which require continuous collaboration and information sharing.

Question 10

Jones Company consistently delivers on-time as promised to customers. This type of performance is critical to:&#10;A)developing character based trust&#10;B)developing reliability based trust&#10;C)developing power in a supply chain&#10;D)none of the above

Accepted Answer

Delivering on-time as promised to customers builds reliability-based trust, which is critical for maintaining strong customer relationships and repeat business. Option A, developing character-based trust, refers to trust being based on an individual's personal qualities rather than business performance. Option C, developing power in a supply chain, is not related to on-time delivery performance. Therefore, the correct answer is B.

Deck 14: Collaboration