SCM Trivia Game

Supply chain basics

1

The supply chain is best described as a ______ of organizations

Network

2

Firms like IT service providers are ______ participants

Indirect participants

3

Purchase orders usually move in this direction.

Upstream

4

SCM is required because firms cannot manage cost, profit, and risk in ______

Isolation

5

When different supply chain stages are owned by different organization, it is termed as _____________

Differentiated supply chain

DISTRIBUTION & ASSEMBLY NETWORK SUPPLY CHAINS

1

One upstream location serving many downstream locationsis called as__________

Distribution network 

2

Pharma and FMCG industries commonly use this SC

Distribution supply chain

3

Many suppliers combining into one final product is called as ___________

Assembly network

4

Automobile and electronics procurement use this SC

Assembly network

5

When many supply chain stages are internal to one organization, it is termed as_______________

Vertically integrated supply chain

Efficiency versus Responsive supply chains

1

Costs incurred in the production, distribution, and storage of inventory are termed as ___________

PHYSICAL COSTS

2

Costs of disposing of excess inventory, lost sales, and lost customer goodwill due to a shortage or stock-out, are termed as _______.

Market mediation costs

3

Statement-1: Products that used to be functional have become innovative.

Statement-2:Products that have significant technology or design components are functional products.

Referring to the above two statements, choose the correct option given below

Only St. 1 is correct

4

Is low product variety the feature of innovative product?

No

5

Which type of supply chain is looking for low cost means of transportation?

Functional