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- In the context of a buying process, which of the following statements is true of satisficers Question 28 options: a) They select the best supplier who satisfies their product and delivery requirements b) They study numerous proposals carefully before selecting one. c) They contact new and unfamiliar suppliers when they need to purchase a product d) They contact familiar suppliers and place orders with the first one that fulfills their requirementsMCQ 1-Evaluation of supplier performance in supply chain to determine whether or not to be a future supplier is known as _____a. Supply chain clarification. b. Supplier qualification c. Supply chain performance d. Supply chain quality performance. 2-International standards are used in supply chain to_____ a. Find new methods to develop products. b. Add new frame to the production process. c.Add luxury to the organisation look. d. Filter suppliers. 3-In organization, strategic options are developed based on_____a. Analysis of goals, mission and value of market. b. Analysis of vision, goals and suppliers. c. Analysis of vision, goals and mission.d. Analysis of mission, goals and products.27-When the supplier provides only what is needed when it is needed this known as O a.Vendor managed inventory b.Customer intention development c.Independent need fulfillment . D.Vast supply chain process
- All are the primary purpose of supplier certification, which one is the least primary? a. consistency of quality product b. improve process operation c. practices TQM d. prestige company in the businessPlease answer these question: 1. A standard purchase order is a document that buyers use to communicate the need with suppliers A. False B. True 2. Modern companies use electronic purchasing because it is - A. Cheaper B. Saves time C. More efficient. D. A reduction in overhead costs in the purchasing area. 3. Which statement is the most accurate? A. Purchasing staff are responsible for buying all goods B. Spot buying is some times used. C. Manufacturing staff may ask for certain types of material D. In big companies the three choices are possible purchaseNeed help for this one. Air Asia allows customers to customise their flight package pre-flight. You can select your choice of in-flight entertainment, luggage, in-flight dining; even whether you choose blankets/pillows during your flight. At which product level is Air Asia differentiating from its competitors' offerings? Group of answer choices a. Core. b. Expected. c. Augmented. d. None of the options listed. e. Both a and b.
- 118- In the GE-Mckinsey Matrix, Industry Attractiveness indicates the potential for ______. Suppliers Sellers Competition ProfitabilityTable: Factors causing the decline in salesFactors % ContributionDelayed deliveries 15%Lack of delivery personnel 8%Inaccurate sales orders 25%Wrong deliveries 32%Delayed invoicing 6%Pilferage 7%Expired items 7% a. Following the Pareto Principle, what are the vital factors or main contributors to the decline in sales? Show your Pareto Chart and indicate or label the vital factors or contributors to the problem.Hint: know the vital few % b. What are the vital factors or vital contributors to the problem? c. If the sales and marketing manager wants to reduce the impact of vital factors or contributors by 70%, what will be a good GOAL Statement to improve his sales problem?Arnold Palmer Hospital, one of the nation’s top hospitals dedicated to serving women and children, is a large business with over 2,000 employees working in a 431-bed facility totaling 676,000 square feet in Orlando, Florida. Like many other hospitals, and other companies, Arnold Palmer Hospital had been a long-time member of a large buying group, one servicing 900 members. But the group did have a few limitations. For example, it might change suppliers for a particular product every year (based on a new lower-cost bidder) or stock only a product that was not familiar to the physicians at Arnold Palmer Hospital. The buying group was also not able to negotiate contracts with local manufacturers to secure the best pricing So in 2003, Arnold Palmer Hospital, together with seven other partner hospitals in central Florida, formed its own much smaller, but still powerful (with $200 million in annual purchases) Healthcare Purchasing Alliance (HPA) corporation. The new alliance saved the HPA…
- In an analyzation of the auto industry in the US using Porter's Five Forces (including the level of competition within the industry) riding a bicycle, taking public transportation and walking are examples of items that appear in which ONE of the five forces? Select one: a. Threat of Substitutes b. Bargaining Power of the Buyer c. Bargaining Power of the Supplier d. Threat of New EntrantsWhy is it important to discuss promptly the results of a supplier visit or survey withthe supplier? If a supplier has a weak area, under what conditions would supplierdevelopment be appropriate?With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro? Explain.