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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

Which of the following is considered the HIGHEST level in a supply chain's strategic plan?

Options:

A.

Objective of the organization

B.

Commodity segmentation

C.

Supplier differentiation

D.

Acquisition planning

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Question 2

Which of the following BEST describes a cash flow budget?

Options:

A.

A budget that links expenditures to revenue within each budgetary period

B.

A process in which managers must begin each budgetary period with no predetermined allocations

C.

A financial plan specifying the amount of money to be spent on plant and equipment

D.

A budget that shows individual expenses without tying the expenses to broader goals

Question 3

A small electronics manufacturer patents a new device for securing internet servers. While this device consists of standard components and is simple to manufacture, it also contains proprietary engineering and design elements not widely known in the marketplace. After receiving a large order, which exceeds the company's current manufacturing capacity, the firm's supply management department is tasked with outsourcing the manufacture of the device to the most competitive sources available. As the supply management team evaluates selected suppliers, which of the following should be given the MOST consideration?

Options:

A.

Component part availability

B.

Risks to the company's intellectual property

C.

Logistical vulnerabilities associated with offshore suppliers

D.

Reduced product quality