Supply Chain Manager Exam Prep - Question List

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26.

A trade bloc can be defined as a ____________.

  1. Preferential trade agreement
  2. Economic sanction
  3. Shipment parameters
  4. All of the above
27. What is the purpose of a value chain?
  1. To create value for producers.
  2. To create more value for customers as the product travels along the chain.
  3. To get extra returns on services for customers.
  4. To expand the value of logistics and merchandisers
28. When an organizational structure is founded on business partnering concepts, it is important to ensure that _________to cooperation are first removed.
  1. External barriers
  2. Internal barriers
  3. Both
  4. None of the above.
29. There are several players in the supply chain, and each of them addresses aspects of ___________________.
  1. Demand
  2. Production
  3. Supply management
  4. All of the above.
30. The connection between demand, service supply, and running of assets is not straightforward, because demand involves _________and _________ can be very complex.
  1. Humans and human behavior
  2. Products and consumer behavior
  3. Markets and supplier behavior
  4. All of the above.

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