Supply Chain Management Quiz
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Questions and Answers

What does supply chain management (SCM) primarily deal with in commerce?

  • Sales, customer service, and product development
  • Quality control and production scheduling
  • Procurement, operations management, logistics, and marketing channels (correct)
  • Financial management and human resources

    • What is a more narrow definition of supply chain management (SCM)?

  • Financial planning and risk management
  • Design, planning, execution, control, and monitoring of supply chain activities (correct)
  • Marketing strategy and brand management
  • Human resource management and organizational development

    • What does supply chain management include the movement and storage of?

  • Obsolete inventory and waste materials
  • Raw materials, work-in-process inventory, finished goods (correct)
  • Customer returns and damaged products
  • Marketing materials and promotional items

    • What is one of the objectives of supply chain management?

    <p>Synchronising supply with demand</p> Signup and view all the answers

    What do interconnected, interrelated or interlinked networks, channels and node businesses combine in?

    <p>The supply chain</p> Signup and view all the answers

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