FREE Supply Chain Management Trivia Question and Answers

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The supply chain is a complicated structure with many partners. Is [this statement] true or false?

False

True

Correct! Wrong!

The supply chain is involved in overseeing and working together on consumer and retailer activities.

False

True

Correct! Wrong!

Two resource flows are included in the supply chain.

False

True

Correct! Wrong!

What types of resource flows are there in the supply chain?

Financial flow

Material flow

Information flow

All of the above

Correct! Wrong!

Which of the ensuing assertions is accurate?

Every product is part of multiple supply chains and is complex.

Supply chains for high fashion women’s shoes have nothing in common with that for bananas.

Supply chains are only used for perishable products.

Every product type has a unique and dedicated supply chain

Correct! Wrong!

Supply chain enables the systems' overall value to be maximized.

False

True

Correct! Wrong!

A supply chain's flow direction is frequently compared to a river, where:

Upstream is closer to the customer and downstream is closer to the supplier.

Downstream is closer to the customer and upstream is closer to the supplier.

The direction of the stream will depend on the type of product and supplier.

Suppliers are constantly moving downstream with their customers.

Correct! Wrong!

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