Management > QUESTIONS & ANSWERS > MGT 323 Week 1 Quiz 1.docxnew exam docs solved new solutions 2020 (All)

MGT 323 Week 1 Quiz 1.docxnew exam docs solved new solutions 2020

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MGT 323 Week 1 Quiz 1.docxnew exam docs solved new solutions 2020 Question 1 1 / 1 pts Which of the following is an illustration of a company that has vertically integrated? Question 2 1 / 1... pts The WTO is a trade organization seeking to establish trade barriers that will protect member countries by excluding nations that pose an economic threat. Question 3 1 / 1 pts Which of the following would be a good reason to outsource (buy) versus making? No competent supplier presently produces the needed item To have more direct control over the design and production of an end item To utilize existing capacity within a company's own firm Question 4 1 / 1 pts Blank check purchase orders, Corporate purchasing cards, Petty cash, and Open-end purchase orders are all possible alternatives to dealing with small value purchases such as those for office Question 5 0 / 1 pts Which of the following acronyms is NOT paired with its correct "translation?" Question 6 1 / 1 pts Which of the following statements is FALSE? If a firm lacks the technology to make a required component they will need to consider buying/outsourcing. Electronic procurement systems can aid a company in saving both time and money Question 7 1 / 1 pts Assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements are all important issues that are most closely related to: Question 8 1 / 1 pts The assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet specific quality, cost, and customer service requirements can all be considered elements of operations. Question 9 1 / 1 pts Which of the following is NOT a form of countertrade? Question 10 1 / 1 pts In the context of Supply Chain Management, the acts of obtaining raw materials, services, maintenance, repair and operating supplies for money can all be defined as purchasing. [Show More]

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