Supply Chain Management Concepts

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Questions and Answers

What does Integration Value aim to achieve?

  • Reducing the cost of the product
  • Expanding the number of suppliers
  • Increasing the production volume
  • Offering each customer a unique product/service bundle (correct)

In the supply chain model, what is the main idea behind integration?

  • Competition between firms
  • Customer's role in production
  • Independence of firms
  • Synergy and collaboration between firms (correct)

What does supply chain integration aim to achieve?

  • Reduced need for supplier collaboration
  • Increased competition among firms
  • Market impact and efficiency (correct)
  • Isolation of firms from each other

What is a key challenge in integrating firms for supply chain management?

<p>Achieving efficiency and competitiveness (C)</p> Signup and view all the answers

What characteristic of the supply chain is highlighted in the model?

<p>Fluidity and manipulability (C)</p> Signup and view all the answers

What does a functional information system provide for management control?

<p>Detailed information for specific activities (D)</p> Signup and view all the answers

What is the main goal of integration management in supply chain processes?

<p>To achieve the lowest overall cost (A)</p> Signup and view all the answers

Which concept is highly essential in integrated management according to the text?

<p>Collaboration (C)</p> Signup and view all the answers

What does Enterprise Extension involve in supply chain processes?

<p>Expansion of managerial influence beyond traditional boundaries (D)</p> Signup and view all the answers

Which paradigm is the basis for Enterprise Extension as mentioned in the text?

<p>Information sharing and process specialization (D)</p> Signup and view all the answers

What approach does integration management take towards achieving supply chain efficiency?

<p>Incorporate trade-offs to lower overall costs (A)</p> Signup and view all the answers

How does collaboration impact competitiveness according to the text?

<p>Keeps firms competitive through technology exchange (B)</p> Signup and view all the answers

Which type of information system focuses on Recruitment, Employee Selection, and Turnover & Absenteeism analysis?

<p>Personnel Information System (A)</p> Signup and view all the answers

What characterizes the Accounting Information System (AIS) applications mentioned in the text?

<p>High volume of data processing (A)</p> Signup and view all the answers

Which of the following is a characteristic of the Accounting Information System for Accounts (AIS) mentioned in the text?

<p>Handles detailed data (C)</p> Signup and view all the answers

What is the main function of the Manufacturing Information System described in the text?

<p>Managing flow of production data (C)</p> Signup and view all the answers

Which information system focuses on data manipulation, data storage, and document preparation?

<p>Accounting Information System (AIS) (C)</p> Signup and view all the answers

What distinguishes the Personnel Information System from other functional information systems?

<p>Manages personnel-related tasks (A)</p> Signup and view all the answers

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