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Question 1

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 2

2021-12-12-20-13-11-fe34ae48204fe846edb8a33191316a58

Which of the following will you put into box 3?

Options :

A : Process

B : Information

C : Performance

D : Strategy

Answer: D

Question 3

Which of the following statements about supply chain knowledge is correct? Select TWO

Options :

A :

where supply chain knowledge is low, there is a high collaboration with supply partners

B : where supply chain knowledge is low, members tend to operate independently of other members

C : where there is a high readiness to use technology, the use of IT in the supply chain is deliberate and structured

D : where there is a low level of technology utilisation in the supply chain, there are consistent systems and policies for the use of technology

Answer: B,C

Question 4

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 5

ABC produces electronics and operates in a highly competitive industry in which new products are launched frequently. ABC has to be on top of new fashions and trends and be able to produce new, innovative forms of electronics in order to survive in the marketplace. Which of the following supply chain strategies should ABC employ?

Options :

A : Lean

B : Just in Time

C : Responsive

D : Agile

Answer: D