Deck 16: Risk and Sustainability

Question 1

major benefit firms associate with integrated logistics services providers is

A)Greater ease of managing outsourced logistics services
B)Inventory reduction
C)Proactive information technology
D)Custom-built solutions

Answer 1

A

Question 2

of the following are the consequences of supply chain security failures except

A)A terrorist attack could result in significant legal liability
B)A terrorist attack could reduce brand equity
C)A terrorist attack could cause a firm to loose its suppliers
D)A terrorist attach could reduce the firm's stock price

Answer 2

C

Question 3

Which of the following are not environmental initiatives being used by firms in their supply chains

A)Reduced packaging
B)Product recycling after useful life
C)WEEE
D)Supply chain redesign to minimize carbon

Answer 3

C

Question 4

primary benefits of low product complexity include all of the following except:

A)Increased revenue
B)Improved product quality and reliability
C)Improved product development
D)Decreased sales support cost

Question 5

Supply chain management professionals should specifically demonstrate skills in all of the following except

A)Technical knowledge
B)Global management
C)Experience and credibility
D)Problem solving skills

Question 6

benefit of TASC is that firms minimize their

A)ax liability
B)Transportation cost
C)Inventory carrying cost
D)Fixed costs

Question 7

primary advantages of a cross-functional supply chain career path include all the following except

A)Understanding of supply chain trade-offs
B)Deep knowledge regarding critical supply chain functions
C)Broad networking with supply chain colleagues
D)Broader availability of individuals for succession planning

Question 8

Based on the simulation results discussed in the book, increasing fuel prices will likely

A)Increase the number of distribution centers to minimize total cost
B)Not change the number of distribution centers to minimize total cost
C)Decrease the number of distribution centers to minimize total cost
D)Cannot be determined

Question 9

C-TPAT

A)Calls for prescreening of containers when entering the U.S.
B)Require detailed cargo data before the cargo enters or leaves the U.S.
C)Allows for low-risk goods transported by trusted carriers for trusted firms to pass rapidly through border crossings
D)Seeks to advance certify selected shippers through self appraisals of security procedures coupled with customs audits and verifications

Question 10

AMR

A)Calls for prescreening of containers when entering the U.S.
B)Require detailed cargo data before the cargo enters or leaves the U.S.
C)Allows for low-risk goods transported by trusted carriers for trusted firms to pass rapidly through border crossings
D)Seeks to advance certify selected shippers through self appraisals of security procedures coupled with customs audits and verifications