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Business English Exercises
 

The Physical Supply Chain

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 All tests  TOP 100  Forum  Dictionaries Meaning of "physical supply chain"
the physical supply chain answer 1
The reduction of uncertainty in the physical supply chain requires cooperation between trading partners; this uncertainty is reduced incrementally but requires adequate investment from both of the partners.

Correct answer: (b) incrementally

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the physical supply chain, question 1 the physical supply chain, technical analysis words incrementally, dictated, what does incrementally mean?

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the physical supply chain answer 2
During the initial development of integrated supply chains, the more powerful of the partners dictated their requirements.

Correct answer: (c) dictated

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the physical supply chain, question 2 accounting terminology straight, holding, war chest, what does dictated mean?

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the physical supply chain answer 3
With, for example, a just-in-time system, timely delivery of components lowered the working capital needed by a powerful customer, while the supplier had to investment heavily to adapt their system.

Correct answer: (a) a just-in-time

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the physical supply chain, question 3 list of bonds words add-on, ratio, bought, formation, what does a just-in-time mean?

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the physical supply chain answer 4
The system is uncertain for the supplier because the payment receipt date is unknown, yet powerful customers are reluctant to invest in providing a more certain system because it is the supplier that receives the benefit.

Correct answer: (d) reluctant

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the physical supply chain, question 4 lending credit vocab gathering, trustor, paid-in, what does reluctant mean?

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the physical supply chain answer 5
Instead of cooperating in the removal of costs from their supply chain, the customer's finance functions may take an opportunistic approach: payments may be delayed in order to match cash flows or operational processes.

Correct answer: (b) an opportunistic

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the physical supply chain answer 6
A smaller supplier may also incur higher charges for foreign exchange transactions and cash management services.

Correct answer: (d) incur

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the physical supply chain answer 7
With regard to the financial supply chain, it has been proving problematic to implement a sure system for invoice input and generation of payment orders.

Correct answer: (c) generation

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the physical supply chain answer 8
However, in the long run, the process of iterative improvements in the supply chain demands close cooperation.

Correct answer: (c) iterative

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the physical supply chain answer 9
Instead of apportioning savings to each partner for every investment, the focus is shifted to a more general form of reciprocation.

Correct answer: (a) reciprocation

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the physical supply chain answer 10
The thrust of the trading relationship can then shift from competition between partners and focus instead upon cooperation within the supply chain and adversarial competition between chains.

Correct answer: (d) adversarial

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the physical supply chain, question 10 taxes terms turning, comers, stand, predispositions, choice, what does adversarial mean?

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Meaning of "physical supply chain", Reluctant vs avoiding

 

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EFL/ESL Links: Pushing and Pulling • Business vocabulary envisaged, blurring, bolster, promotions • Pushing and Pulling (Answers) • Retirement words rethink, emanating, order, pervasive, eclipse • Cyber-criminals and Cyber-crime • Dividends words compromised, woefully, latched, slick • Cyber-criminals and Cyber-crime (Answers) • Real estate words sheer, at, perpetrate, out to • Gold Collateral • Brokerages term clearance, nonperiodic, bounced, credit, arm length • Gold Collateral (Answers) • Mutual funds terms notes, anticipation, mutual, termination • Minimizing Volatility • Ipos terminology dax, arbitrage, turnover, straight, rollover • Minimizing Volatility (Answers) • Mergers acquisitions words prime, arm-length, consensus • Manipulative Practices • Law estate terms performance, ordinary, conduits, relief • Manipulative Practices (Answers) • Lending credit vocab gathering, trustor, paid-in • Non-monetary Services • Currency vocab ex-legal, cusip, warranty, instruments • Non-monetary Services (Answers) • List of bonds words add-on, ratio, bought, formation • Banker's Acceptances • Banking term list real estate, master, joint, discount, crash of • Banker's Acceptances (Answers) • Accounting terminology straight, holding, war chest • ESL test: The Physical Supply Chain • Insurance vocabulary adversarial, reciprocation, iterative • ESL Audio Online - English MP3 - English Pronunciation
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