Supplier Partnering MCQ

Test your knowledge with important Supplier Partnering MCQ and their applications. These MCQs are beneficial for competitive exams too. Explore 30+ more Supplier Partnering MCQs on Bissoy. Bissoy App

Which of the following is not a key element in supplier customer partnering?

ক
Long-term commitment

খ
Mutual trust

গ
Shared vision

ঘ
Isolated vision
Shared vision is also known as ____________

ক
Mutual strategic planning

খ
Strategic planning

গ
Mutual planning

ঘ
Planning
Which of the following is not a consequence of mutual trust between suppliers and buyers?

ক
A ‘win-win’ situation for both the partners is created

খ
Resources are effectively combined

গ
Knowledge is effectively combined

ঘ
Knowledge is not effectively combined
Why is long term commitment important in supplier buyer relationship?

ক
Long term commitment will enable employees to relax initially

খ
Long term commitment will enable managers to relax initially

গ
Long term commitment is needed to plan for continuous improvement

ঘ
Long term commitment is needed to plan for intermittent improvement
Which of the following is not a benefit of supplier buyer relationship?

ক
Improved quality

খ
Reduced cost

গ
Increased productivity

ঘ
Decreased efficiency
Continuous improvement of products or services is a consequence of good supplier buyer relationship.

ক
True

খ
False
The Japanese partnering concept is _______

ক
Keiretsu

খ
Seiri

গ
Seiton

ঘ
Seiketsu
The relationship between supplier and buyer should have trust and dedication to common goals and objectives.

ক
True

খ
False
Which of the following is not a part of supplier buyer relationship?

ক
Commitment over an extended period

খ
Exchange of information

গ
Acknowledgement of the risk and rewards of the relationship

ঘ
How to earn more profit by deception
_______ is continuing relationship between a buying firm and supplying firm.

ক
Supplier partnering

খ
Supplier characteristics

গ
Supplier

ঘ
Supplier traits