MCQOPTIONS
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MCQOPTIONS
This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Total Quality Management knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which of the following is not a key element in supplier customer partnering? |
| A. | Long-term commitment |
| B. | Mutual trust |
| C. | Shared vision |
| D. | Isolated vision |
| Answer» E. | |
| 2. |
Shared vision is also known as ____________ |
| A. | Mutual strategic planning |
| B. | Strategic planning |
| C. | Mutual planning |
| D. | Planning |
| Answer» B. Strategic planning | |
| 3. |
Which of the following is not a consequence of mutual trust between suppliers and buyers? |
| A. | A ‘win-win’ situation for both the partners is created |
| B. | Resources are effectively combined |
| C. | Knowledge is effectively combined |
| D. | Knowledge is not effectively combined |
| Answer» E. | |
| 4. |
Why is long term commitment important in supplier buyer relationship? |
| A. | Long term commitment will enable employees to relax initially |
| B. | Long term commitment will enable managers to relax initially |
| C. | Long term commitment is needed to plan for continuous improvement |
| D. | Long term commitment is needed to plan for intermittent improvement |
| Answer» D. Long term commitment is needed to plan for intermittent improvement | |
| 5. |
Which of the following is not a benefit of supplier buyer relationship? |
| A. | Improved quality |
| B. | Reduced cost |
| C. | Increased productivity |
| D. | Decreased efficiency |
| Answer» E. | |
| 6. |
Continuous improvement of products or services is a consequence of good supplier buyer relationship. |
| A. | True |
| B. | False |
| Answer» B. False | |
| 7. |
The Japanese partnering concept is _______ |
| A. | Keiretsu |
| B. | Seiri |
| C. | Seiton |
| D. | Seiketsu |
| Answer» B. Seiri | |
| 8. |
The relationship between supplier and buyer should have trust and dedication to common goals and objectives. |
| A. | True |
| B. | False |
| Answer» B. False | |
| 9. |
Which of the following is not a part of supplier buyer relationship? |
| A. | Commitment over an extended period |
| B. | Exchange of information |
| C. | Acknowledgement of the risk and rewards of the relationship |
| D. | How to earn more profit by deception |
| Answer» E. | |
| 10. |
_______ is continuing relationship between a buying firm and supplying firm. |
| A. | Supplier partnering |
| B. | Supplier characteristics |
| C. | Supplier |
| D. | Supplier traits |
| Answer» B. Supplier characteristics | |