Question 1

In the integrated process, the steps related to procurement are triggered by a need to increase inventory of finished products.

Accepted Answer

In the integrated process, procurement steps are typically triggered by the need for raw materials or components required to produce goods, not by the need to increase inventory of finished products.

Question 2

Which of the following is the sequence of activities in the Asset Management Process?
A) Acquire Assets, Deploy Assets, Maintain Assets, Asset Accounting, Retire/Replace Assets
B) Deploy Assets, Acquire Assets, Asset Accounting, Maintain Assets, Retire/Replace Assets
C) Deploy Assets, Acquire Assets, Maintain Assets, Asset Accounting, Retire/Replace Assets
D) Acquire Assets, Deploy Assets, Asset Accounting, Maintain Assets, Retire/Replace Assets

Accepted Answer

The correct sequence for asset management typically starts with acquiring the assets, followed by deploying them where they are needed. After deployment, maintaining the assets to ensure they remain in good working condition is crucial. Asset accounting is then performed to keep track of the value and depreciation of the assets. Finally, assets are retired or replaced when they are no longer useful or efficient. This sequence ensures effective and efficient management of assets throughout their lifecycle.

Question 3

In the integrated process, a make-to-stock strategy is employed by SSB.

Accepted Answer

In the integrated process, SSB employs a make-to-order strategy, which means they only manufacture products once they have received an order from a customer.

Question 4

Which of the following is the sequence of activities in the Demand-to-Order Process in CRM?
A) Demand Generation, Opportunity Management, Quotations & Bidding, Sales Order Conversion, Customer Service and Support
B) Opportunity Management, Demand Generation, Quotations & Bidding, Sales Order Conversion, Customer Service and Support
C) Opportunity Management, Demand Generation, Sales Order Conversion, Quotations & Bidding, Customer Service and Support
D) Demand Generation, Opportunity Management, Sales Order Conversion, Quotations & Bidding, Customer Service and Support

Accepted Answer

The correct sequence in the Demand-to-Order Process in CRM starts with Demand Generation, where interest and awareness are created. Following this, Opportunity Management identifies and manages potential sales. Quotations & Bidding come next, where prices and terms are negotiated. Sales Order Conversion is the process of converting quotations into actual sales orders. Finally, Customer Service and Support maintain the relationship post-sale, ensuring customer satisfaction and support.

Question 5

Procurement, fulfillment, and production are examples of inter-company processes.

Accepted Answer

Procurement, fulfillment, and production are examples of intra-company processes, as they occur within a single company rather than between multiple companies.

Question 6

In the integrated process, the steps related to fulfillment are suspended when there are insufficient quantities of the needed finished product in stock.

Accepted Answer

In an integrated process, the fulfillment steps are dependent on the availability of finished products in stock. If there are insufficient quantities of the product available, the fulfillment process may be suspended until the stock is replenished.

Question 7

Which of the following is the sequence of activities in the Idea-to-Market Process in PLM?
A) Idea Sourcing & Management, Project Management, Document Management, Quality Assurance & Testing, New Product Introduction
B) Project Management, Idea Sourcing & Management, Document Management, Quality Assurance & Testing, New Product Introduction
C) Project Management, Idea Sourcing & Management, Quality Assurance & Testing, Document Management, New Product Introduction
D) Idea Sourcing & Management, Project Management, Quality Assurance & Testing, Document Management, New Product Introduction

Accepted Answer

The Idea-to-Market Process in Product Lifecycle Management (PLM) typically starts with Idea Sourcing & Management, where ideas are generated and evaluated. This is followed by Project Management, where the project to develop the idea is planned and executed. Document Management comes next, ensuring all documentation is properly managed and accessible. Quality Assurance & Testing is then conducted to ensure the product meets the required standards. Finally, New Product Introduction marks the launch of the product into the market. This sequence ensures a structured approach to product development, from conception to launch.

Question 8

Which of the following is the sequence of activities in the Plan-to-Produce Process in SCM?
A) Supply Network Forecasting, Demand Planning, Production Capacity Planning, Material Logistics, Production & Material Scheduling
B) Demand Planning, Supply Network Forecasting, Material Logistics, Production Capacity Planning, Production & Material Scheduling
C) Demand Planning, Supply Network Forecasting, Production Capacity Planning, Material Logistics, Production & Material Scheduling
D) Supply Network Forecasting, Demand Planning, Material Logistics, Production Capacity Planning, Production & Material Scheduling

Accepted Answer

The answer of Which of the following is the sequence...

Question 9

Which of the following is the sequence of activities in the Source-to-Settle Process in SRM?
A) Supplier Identification & Selection, Requests for Quotation (RFQ), Manage Auctions & Bidding, Establish & Manage Contracts, Monitor Supplier Relationships
B) Requests for Quotation (RFQ), Supplier Identification & Selection, Manage Auctions & Bidding, Establish & Manage Contracts, Monitor Supplier Relationships
C) Requests for Quotation (RFQ), Supplier Identification & Selection, Establish & Manage Contracts, Manage Auctions & Bidding, Monitor Supplier Relationships
D) Supplier Identification & Selection, Requests for Quotation (RFQ), Establish & Manage Contracts, Manage Auctions & Bidding, Monitor Supplier Relationships

Accepted Answer

The correct sequence in the Source-to-Settle Process in SRM starts with identifying and selecting suppliers, followed by requesting quotations, managing auctions and bidding, establishing and managing contracts, and finally monitoring supplier relationships. This sequence ensures a comprehensive approach to supplier management from identification to relationship monitoring.

Question 10

In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed finished product in stock.

Accepted Answer

In the integrated process, the production process continues based on forecasts and demand planning, not solely on current stock levels of finished products. The aim is to maintain efficiency and meet future demand, rather than pausing production due to current stock shortages.

Question 11

Supply chain management (SCM) and customer relationship management (CRM) are examples of inter-company processes.

Accepted Answer

SCM and CRM involve coordination and collaboration between multiple companies in order to manage the flow of goods and services, and to maintain positive relationships with customers.

Question 12

In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed raw materials in stock.

Accepted Answer

In an integrated process, the production process is dependent on the availability of raw materials. Therefore, if there are insufficient quantities of raw materials in stock, the production process must be suspended until the needed raw materials are available.

Question 13

Which of the following processes is associated with this sequence :Recruit Employees, Employee On-Boarding, Performance Management, Career Planning, Employee Off-Boarding?
A) Human Capital Management Process
B) Demand-to-Order Process in CRM
C) Idea-to-Market Process in PLM
D) Source-to-Settle Process in SRM

Accepted Answer

The sequence of processes mentioned is related to managing human capital, which involves recruiting, training, managing and retaining employees. This falls under the Human Capital Management (HCM) process. The other options provided are related to different business processes, such as demand-to-order in CRM, idea-to-market in PLM, and source-to-settle in SRM.

Question 14

Which of the following processes is associated with this sequence: Demand Generation, Opportunity Management, Quotations & Bidding, Sales Order Conversion, Customer Service and Support?
A) Demand-to-Order Process in CRM
B) Idea-to-Market Process in PLM
C) Source-to-Settle Process in SRM
D) Plan-to-Produce Process in SCM

Accepted Answer

The process sequence of Demand Generation, Opportunity Management, Quotations & Bidding, Sales Order Conversion, Customer Service and Support is associated with the Demand-to-Order Process in CRM. This process involves attracting and nurturing leads, identifying sales opportunities, creating quotes and bids, converting those opportunities into sales orders, and providing ongoing service and support to customers.

Question 15

Supply chain management (SCM) and customer relationship management (CRM) are examples of intra-company processes.

Accepted Answer

SCM and CRM are examples of inter-company processes as they involve interactions between a company and its suppliers or customers.

Question 16

Procurement, fulfillment, and production are examples of intra-company processes.

Accepted Answer

Procurement, fulfillment, and production all take place within a single company, so they are examples of intra-company processes.

Question 17

Which of the following processes is associated with this sequence: Supplier Identification & Selection, Requests for Quotation (RFQ), Manage Auctions & Bidding, Establish & Manage Contracts, Monitor Supplier Relationships?
A) Human Capital Management Process
B) Demand-to-Order Process in CRM
C) Source-to-Settle Process in SRM
D) Plan-to-Produce Process in SCM

Accepted Answer

The given process sequence is associated with the Source-to-Settle Process (also known as Procure-to-Pay process) in Supplier Relationship Management (SRM). It involves identifying and selecting suppliers, requesting quotations, managing auctions and bidding, establishing contracts, and monitoring supplier relationships. Option A (Human Capital Management) is not related to supplier management. Option B (Demand-to-Order Process in CRM) is about managing customer orders and demand, and not related to supplier management. Option D (Plan-to-Produce Process in SCM) is related to managing the entire supply chain, from planning to production and delivery, and not focused on supplier management.

Question 18

Which of the following is the sequence of activities in the Human Capital Management Process?
A) Recruit Employees, Employee On-Boarding, Performance Management, Career Planning, Employee Off-Boarding
B) Employee On-Boarding, Recruit Employees, Performance Management, Career Planning, Employee Off-Boarding
C) Employee On-Boarding, Recruit Employees, Career Planning, Performance Management, Employee Off-Boarding
D) Recruit Employees, Employee On-Boarding, Career Planning, Performance Management, Employee Off-Boarding

Accepted Answer

The correct sequence in the Human Capital Management Process starts with recruiting employees, followed by onboarding them into the organization. After onboarding, performance management processes are implemented to assess and improve employee performance. Career planning is then conducted to align the employees' career aspirations with organizational needs. Finally, the process concludes with employee off-boarding when they leave the organization.

Question 19

Which of the following processes is associated with this sequence: Idea Sourcing & Management, Project Management, Document Management, Quality Assurance & Testing, New Product Introduction?
A) Human Capital Management Process
B) Idea-to-Market Process in PLM
C) Source-to-Settle Process in SRM
D) Plan-to-Produce Process in SCM

Accepted Answer

The sequence of Idea Sourcing & Management, Project Management, Document Management, Quality Assurance & Testing, and New Product Introduction is part of the Idea-to-Market process in Product Lifecycle Management (PLM). This process involves the entire product development and launch cycle, from conceptualization to product retirement. Therefore, option B is the correct answer. Option A (Human Capital Management Process) deals with hiring, training, and managing employees; Option C (Source-to-Settle Process in SRM) involves procurement activities such as finding suppliers and purchasing goods; and Option D (Plan-to-Produce Process in SCM) is related to the production and planning of goods.

Question 20

The integrated process essentially includes all the steps in the fulfillment, procurement, and production processes.

Accepted Answer

The integrated process is a comprehensive approach that includes all the steps in the fulfillment, procurement, and production processes, along with other related processes such as logistics and customer service. Therefore, the statement is true.

Quiz 6: Integrated Processes

In the integrated process, the steps related to procurement are triggered by a need to increase inventory of finished products.

Which of the following is the sequence of activities in the Asset Management Process?

In the integrated process, a make-to-stock strategy is employed by SSB.

Which of the following is the sequence of activities in the Demand-to-Order Process in CRM?

Procurement, fulfillment, and production are examples of inter-company processes.

In the integrated process, the steps related to fulfillment are suspended when there are insufficient quantities of the needed finished product in stock.

Which of the following is the sequence of activities in the Idea-to-Market Process in PLM?

Which of the following is the sequence of activities in the Plan-to-Produce Process in SCM?

Which of the following is the sequence of activities in the Source-to-Settle Process in SRM?

In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed finished product in stock.

Supply chain management (SCM) and customer relationship management (CRM) are examples of inter-company processes.

In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed raw materials in stock.

Which of the following processes is associated with this sequence :Recruit Employees, Employee On-Boarding, Performance Management, Career Planning, Employee Off-Boarding?

Which of the following processes is associated with this sequence: Demand Generation, Opportunity Management, Quotations & Bidding, Sales Order Conversion, Customer Service and Support?

Supply chain management (SCM) and customer relationship management (CRM) are examples of intra-company processes.

Procurement, fulfillment, and production are examples of intra-company processes.

Which of the following processes is associated with this sequence: Supplier Identification & Selection, Requests for Quotation (RFQ) , Manage Auctions & Bidding, Establish & Manage Contracts, Monitor Supplier Relationships?

Which of the following is the sequence of activities in the Human Capital Management Process?

Which of the following processes is associated with this sequence: Idea Sourcing & Management, Project Management, Document Management, Quality Assurance & Testing, New Product Introduction?

The integrated process essentially includes all the steps in the fulfillment, procurement, and production processes.