Which of the following statements about the use of bar code labels for product identification in the supply chain is true?

• A.They facilitate the capture of information about the location of items.
• B.They can be read by devices 1 to 3 meters from the item.
• C.Each of the trading partners must apply a unique label.
• D.They have been replaced by radio frequency identification tags.

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Which of the following strategies can be used to help manage global risks?

• A.Direct shipment
• B.Flexibility
• C.Cross-docking
• D.Mass customization

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What action has typically been taken over the last decade or so by members of supply chains todecrease variability in supply and demand?

• A.sharing information
• B.shortening lead times
• C.improving quality
• D.holding inventory
• E.decreasing costs

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Benchmarking a firm's performance against industry competitors is most valuable because it can reveal:

• A.which processes require improvement.
• B.that no further improvement is possible.
• C.a competitor's manufacturing processes.
• D.a firm's leadership ranking relative to industry peers.

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Risk management assessment tools are common techniques used in which certification program?

• A.ISO 26000
• B.ISO 9000
• C.ISO 31000
• D.ISO 14000

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