Q.1.7 The reason for use of single sourcing is that: A. It encourages competition among suppliers in terms of price and quality. B. It allows the firm to spread the risk of supply interruptions. C. Brings more information about market conditions and new product developments. D. It deals with special kinds of businesses such as women-owned businesses. E. It is easier for the firm to establish mutually beneficial strategic alliances.
Multiple-choice questions: Select one correct answer for each of the following
Q.1.7 The reason for use of single sourcing is that:
A. It encourages competition among suppliers in terms of price and quality.
B. It allows the firm to spread the risk of supply interruptions.
C. Brings more information about market conditions and new product
developments.
D. It deals with special kinds of businesses such as women-owned businesses.
E. It is easier for the firm to establish mutually beneficial strategic alliances.
Q.1.8 Government introduced the _______________ in order to address the
discrepancies that existed from before 1994. They were introduced to try and
balance the economy and encourages self-employment.
A. Broad-Based Black Economic Empowerment Act.
B. Preferential Procurement Policy Framework Act.
C. Public Finance Management Act.
D. The Constitution of the Republic of South Africa.
E. National Treasury.
Q.1.9 The type of inventory that are in an unprocessed state is referred to as:
A. Work in process.
B. Raw materials.
C. Packaging materials.
D. Process stock.
E. Finished goods inventory.
Q.1.10 Which of the following is not a supply chain performance driver?
A. Transport.
B. Sourcing.
C. Responsiveness.
D. Pricing.
E. Information
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