Multiple Choice #17

Question 1

Information technology (IT) consists of the tools

A) used to gain awareness of information.
B) to analyze information.
C) to act on information to improve the performance of the supply chain.
D) B and C only

Answer 1

D) B and C only

Question 2

Information is

A) the supply chain driver that serves as the glue allowing the other three drivers to work together to create an integrated, coordinated supply chain.
B) crucial to supply chain performance.
C) the key to the success of a supply chain.
D) all of the above

Answer 2

D) all of the above

Question 3

Information Technology (IT)

A) consists of the hardware and software throughout a supply chain that gather, analyze, and act on information.
B) serves as the eyes and ears (and sometimes a portion of the brain) of management in a supply chain.
C) can have a significant impact on a firm’s performance.
D) all of the above

Answer 3

D) all of the above

Question 4

Which of the following is not a characteristic information must have to be useful when making supply chain decisions?

A) Information must be accurate.
B) Information must be accessible in a timely manner.
C) Information must be interesting.
D) Information must be of the right kind.

Answer 4

C) Information must be interesting.

Question 5

To be accurate, information must

A) give the true picture of the state of the supply chain.
B) be 100 percent correct.
C) paint a picture of reality that is at least directionally correct.
D) A and C only

Answer 5

D) A and C only

Question 6

To be accessible in a timely manner, information must be

A) out of date.
B) current.
C) easily accessible.
D) B and C only

Answer 6

D) B and C only

Question 7

To be of the right kind, information needs to be

A) useful.
B) irrelevant.
C) meaningless.
D) B and C only

Answer 7

A) useful.

Question 8

Information is a key ingredient

A) at each stage of the supply chain.
B) within each phase of supply chain decision making.
C) only at each stage of the supply chain.
D) A and B only

Answer 8

D) A and B only

Question 9

The successful categories of software in the evolution taking place in enterprise software will be

A) those focused on the supply chain macro processes.
B) those not focused on the supply chain macro processes.
C) those focused on basic functions.
D) both A and C

Answer 9

B) those not focused on the supply chain macro processes.

Question 10

The emergence of supply chain management has broadened the scope across which companies make decisions to

A) the supplier.
B) the enterprise.
C) the entire supply chain.
D) the customer.

Answer 10

C) the entire supply chain.