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15 Cards in this Set
- Front
- Back
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The first step in the supplier partnership implementation process includes the strategic verification of the need for a supplier partnership. Here, the firm must evaluate the potential ____________ of a partnership in comparison to traditional processes. A) strengths and benefits B) risks and benefits C) strengths and weaknesses D) duration and strengths |
B) risks and benefits |
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The notion of interfirm power holds its roots in ______________ literature and has been extensively developed by marketing channel researchers. A) management science B) organizational science C) organizational behavior D) social science |
D) social science |
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Conflict can be defined as “tension between two or more social entities... which arises from _______________________.” A) incompatibility of actual or desired responses B) a difference of opinions or desires C) mutual distrust between all the parties D) one party taking advantage of the other party |
A) incompatibility of actual or desired responses |
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Recognizing partnerships between buyer and supplier, as a fundamental driver for the success of the Pacific Rim supply chain processes, American firms have begun to _______________. A) become more competitive B) improve relationships with suppliers C) operate like Pacific Rim companies D) emulate these supplier alliances |
D) emulate these supplier alliances |
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The goal (of Statistical Process Control) is to ___________________. A) eliminate errors B) prevent process errors before they occur C) improve effectiveness D) improve quality |
B) prevent process errors before they occur |
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Intensive price competition and information technology have led to the implementation of a ______________ procurement approach for commodity components. A) staple B) standardized C) reverse auction D) multiple source |
C) reverse auction |
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_________ is a set of standards that document the implementation of a quality program. In order to be certified, suppliers need to provide documentation to an external examiner that they meet the ________ requirements. Once a firm is certified, it will be listed in a directory so that all of its potential customers can know which firms have been certified and to what level. A) ISO 9001 / ISO 9001 B) ISO 9000/ ISO 9000 C) USO 9500 / USO 9500 D) PSO 9000 / PSO 9000 |
A) ISO 9001 / ISO 9001 |
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A transport company's contract and receipt for materials and equipment; agreement to transport from one location to another and to deliver a designated individual or party. |
bill of lading |
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"tension between two or more social entities... which arises from incompatibility of actual or desired responses" |
Conflict |
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An interaction where parties with certain disagreements confer and exchange ideas about a possible solution until a compromise is reached or the bargaining is terminated. |
Explicit Bargaining |
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In a _____________ schedule bargaining situation, the profits (and/or losses) of the respective bargainers, when added together, need not always equal the same fixed amount. |
Varying sum |
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_____ is relate to the actual units of production. Direct labor and direct materials costs are classified as _____. |
Direct Cost |
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____ are associated with non-manufacturing-related costs. Insurance, managerial salaries, property taxes, and depreciation expenses are examples of this. |
Indirect Cost |
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Different types of carriers for shipping include: |
Rail, Truck, Motor Carrier, Water Carriers, Air. |
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-Lease payments are expenses that can be written off against income immediately. -Loans are depreciated over a longer period of time. -One major advantage of leases over loans is the impact leases have on land use. -When a firm leases land for its operations, it can easily deduct the lease expense for the income burden. -Purchased land, on the other hand, cannot be deducted from tax obligations. |
Tax Effect |
