Supplier Selection and Evaluation in Purchasing and Supply Chain Management MCQs
Supplier Selection and Evaluation in Purchasing and Supply Chain Management MCQs
The following Supplier Selection and Evaluation in Purchasing and Supply Chain Management MCQs have been compiled by our experts through research, in order to test your knowledge of the subject of Supplier Selection and Evaluation in Purchasing and Supply Chain Management. We encourage you to answer these multiple-choice questions to assess your proficiency.
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1: Supplier A and Supplier B supply__ and ___of the requirements, respectively.
A. 80%,40%
B. 20%,80%
C. 80%,30%
D. 80%,20%
2: A ______that contracts with a firm for components or products; contract manufacturing is not the same as outsourcing.
A. Contract manufacturer
B. Made to Order
C. Made to Assemble (MTA)
D. None of these
3: Delegation of function or production capabilities.
A. Outsourcing mean that ?
B. Delegation of function
C. production capabilities
D. Both a and b
E. None of these
4: ______Is an assessment of the supplier’s actual performance on a variety of criteria, such as delivery reliability, cost, and quality defect rate.
A. Performance-based evaluation
B. Preferred suppliers
C. Price markup
D. None of these
5: _______are those that are not important to the buying firm, but conventional suppliers could be found with different effort.
A. Preferred suppliers
B. A register of pre-assessed
C. Essentially
D. Price markup
6: The difference between the selling price of a good or service and the cost; can be expressed as a percentage or fixed amount is known as ?
A. Preferred suppliers
B. A register of pre-assessed
C. Essentially
D. Price markup
7: ________is an assessment of the supplier’s production or service process.
A. Process-based evaluation
B. Preferred suppliers
C. Price markup
D. None of these
8: A _______resulting in positive benefits for both the buying and selling organization is known as strategic match .
A. win-win relationship
B. bad relationship
C. distant relationship
D. None of these
9: The strategic supplier program is a unit within purchasing, stores, and _____services. Its primary responsibility is negotiating high-valued contracts with key suppliers.
A. Strategic suppliers
B. Auxiliary
C. Subsidiary
D. None of these
10: The procedure of evaluating a supplier’s ability to perform the required quantity, quality, and scheduled requirements is known as ?
A. Strategic suppliers
B. Supplier evaluations
C. Both a and b
D. None of these
11: A set of _______and measurements for controlling long-term relationships with existing strategic suppliers is known as?
A. Expectations
B. Amazements
C. Ambivalence
D. Astonishment
12: The ____management of strategic collaborative relationships between buying and selling organizations.
A. Supplier relationship
B. Requester relationship
C. Buyer relationship
D. None of these
13: A Thomas Register is a buying source that categorizes potential suppliers as manufacturers.
A. Distributors
B. Manufacturer representatives
C. Both a and b
D. None of these
14: Those that provide the buying firm with items that are critical to its core business and that can be not easily replaced in a short time is known as Transactional suppliers ?
A. True
B. False
15: Sharing the benefits of an efficient supply chain with supply chain members’ lower tiers is known as?
A. Transfer of value downstream
B. Transactional suppliers
C. Vertical integration
D. None of these
16: The assimilation in one company of multiple stages of production normally operated by separate companies is known as ?
A. Transfer of value downstream
B. Transactional suppliers
C. Vertical integration
D. None of these
Supplier Selection and Evaluation in Purchasing and Supply Chain Management MCQs
