Bus 230 Week 11 Quiz – Strayer

BUS 230 Week 11 Quiz – Strayer

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Quiz Chapter 16 and 17

Other Supply Responsibilities

113. Investment recovery is often assigned to:

a. supply managers because they have knowledge supply markets and price trends.

b. salespeople because they have contact with buyers who may use the material.

c. marketing managers because they have information on internal users.

d. engineers who can suggest possible uses of the material within the organization.

e. financial analysts because they set the target return on all investments.

114. Efforts to deal with hazardous waste include a focus on:

a. highly visible sources of pollution, e.g. smoke stacks.

b. less visible uncontrolled sites, e.g. buried waste.

c. recycling.

d. substitution of non-hazardous materials for hazardous materials.

e. all of the above.

115. The potential benefits of having accounts payable report to the same executive as supply include:

a. familiarity with the supplier

b. familiarity with the order.

c. opportunities to reduce transaction costs and headcount.

d. the ability for supply to ensure that payments for suppliers are made on time.

e. all of the above.

116. Reducing the obsolescence and waste of maintenance, repair, and operating (MRO) supplies through better materials and inventory management will:

a. reduce the costs of disposing of MRO items that are obsolete or waste.

b. reduce carrying cost by lowering inventory levels, especially of obsolete items.

c. improve environmental performance by reducing waste that goes into landfills or incinerators.

d. simultaneously reduce costs and improve environmental performance.

e. have little impact because MRO is a small percentage of annual spend and the items usually have low environmental low-impact.

117. Warehousing and inventory storage:

a. can either be an internal function or...