Common Learning Block 1 Practice Questions Flashcards

Supply Chain Management Common Learning Block 1 Practice Questions

1
Q

The levels of suppliers within a supply chain are called:

A

Tiers

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2
Q

For companies to be competitive, suppliers should be considered:

A

Teammates

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3
Q

A supply chain can best be described as:

A

A network of many individual functions

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4
Q

Supply Chain Management can be described as a(n):

A

Comprehensive approach to the management of the entire flow of individual functions

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5
Q

The process for customers to return defective products is called:

A

Reverse logistics

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