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QUESTION 16

- (Topic 2)
Bar codes and radio frequency identification systems are key technologies in supply chain systems because they perform which of the following functions?

  1. A. Tracking truck locations on cross-country deliveries
  2. B. Facilitating timely and accurate data acquisition
  3. C. Providing paperless invoicing of goods
  4. D. Producing schedule broadcasts for suppliers

Correct Answer: B

QUESTION 17

- (Topic 2)
The United Nations Global Compact uses 10 guiding principles to:

  1. A. reduce uncertainty for multinational firms regarding legal, import/export, labor, and environmental standards across countries.
  2. B. set minimum levels of compliance across a broad range of transactional areas for businesses operating in multiple geographic regions.
  3. C. align the needs of businesses to increase profitability and the needs of individual countries to ensure their specific legal requirements are met.
  4. D. help ensure that markets, commerce, technology, and finance promote advancement of economies and societies everywhere.

Correct Answer: D

QUESTION 18

- (Topic 1)
Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

  1. A. forward supply chain.
  2. B. marketing process.
  3. C. manufacturing process.
  4. D. sales and operations planning process.

Correct Answer: A

QUESTION 19

- (Topic 3)
A service company has decided to create a customer-focused business and has identified the following steps in the process:
{exhibit 3860}
Which of the following sequences of steps is correct for implementing the company's decision?

  1. A. 2, 1, 4, 3, 5
  2. B. 4, 2, 1, 5, 3
  3. C. 3, 5, 2, 4, 1
  4. D. 4, 2, 5, 1, 3

Correct Answer: B

QUESTION 20

- (Topic 3)
A company that desires to implement a strategy for inventory management must define which of the following factors?

  1. A. Reliability and maintainability requirements
  2. B. Variability in the customer demand
  3. C. Overall item effectiveness
  4. D. Inventory carrying costs

Correct Answer: B

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