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Strategic alliances 1. Ensure access to raw materials deemed critical to nationa

ID: 367564 • Letter: S

Question

Strategic alliances 1. Ensure access to raw materials deemed critical to national security 2. O Are only possible when there is no intellectual property or technology involved 3. Reinforce the idea that supplier relationships contribute to organisational success 4. Do not require any contribution from top management 5. Are informal buyer-supplier relationships Which of the following statements about successful strategic supplier relationships is true? 1. The best change occurs in large movements that motivate the entire organisation rather than in smaller increments 2. No single restructuring of processes will be adequate 3. Relationships should not be affected by the shifting priorities of the partners 4. Although marketplace change may be constant, the details of the relationship should not change In an SCM implementation effort, the channel master is 1. The organisation that drives the implementation process. 2. The person designated as strategic team leader 3. The organisation that designates the optimal delivery channels 4. The person who designates the optimal communications channels An example of a supplier performance reporting mechanism is: 1. O A certification document 2. An automated performance alert 3. O A floor failure event rate 4. O A rejected materials rate

Explanation / Answer

Strategic alliances;

Answer: option 3. Reinforce the idea that supplier relationships contribute to organizational success.

Which of the following statements about successful strategic supplier relationships is true?

Answer: option 2. No single restructuring of processes will be adequate.

In an SCM implementation effort, the channel master is

Answer: option 1. The organization that drives the implementation process.

An example of a supplier performance reporting mechanism is

Answer: option 2. An automated performance alert.