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Online L5M7 Questions Video

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Total 88 questions

Achieving Competitive Advantage Through the Supply Chain (L5M7) Questions and Answers

Question 13

Which of the following isnota characteristic ofQuality Managementfound inISO 9001?

Options:

A.

Customer focus

B.

Involvement of people

C.

Continuous Improvement

D.

Protection of the environment

Question 14

Trust is a dynamic concept required in partnership relationships. Which of the following are part of thefive trust componentsimportant in supply chains?

Options:

A.

Integrity

B.

Competence

C.

Loyalty

D.

Power

E.

Charm

Question 15

Total Quality Management (TQM)is a long-term strategy. Is this TRUE?

Options:

A.

Yes – effort is required in the short and medium term; results may not be immediate

B.

Yes – TQM requires at least one year to implement

C.

No – TQM is a short-term efficiency strategy

D.

No – TQM makes a firm more Lean short-term

Question 16

Which of the following can have adetrimental effecton supply-chain relationships?Select TWO.

Options:

A.

Mistrust

B.

Low spend

C.

Lack of feedback

D.

Market segment

Page: 4 / 7
Total 88 questions