Buad 331 exam 1 answers Study guides, Class notes & Summaries

BUAD 331 Supply Chain Exam 1 Questions and Answers Graded A+ Supply chain management refers to: The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. Name the ways that supply chain management creates value? Form, Time, Place and Exchange The "Great Divide" in SC occurs between: Demand focused activities and supply focused activities Which emerging megatrends will greatly c...

BUAD 331 EXAM 1 QUESTIONS WITH CORRECT DETAILED ANSWERS 2024.

BUAD 331 EXAM 1 WITH COMPLETE QUESTIONS AND ANSWERS...

BUAD 331 Final Exam Questions and Answers 100% Pass Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above all of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) D...

BUAD 331 Exam 1 Questions & Answers (Graded A) What is a supply chain? - ANSWERA supply chain consists of the organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to point of final consumption, and, increasingly, re-entering material that was not consumed back into the supply chain for reuse or recycling. How long have supply chains been around? - ANSWERThey have been in existence for many centuries,...

BUAD 331 EXAM 3 WITH COMPLETE QUESTIONS AND ANSWERS 2024. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total el...

BUAD 331 Exam 1 Questions and Answers|2023-2024|Verified AnswersBUAD 331 Exam 1 Questions and Answers|2023-2024|Verified AnswersBUAD 331 Exam 1 Questions and Answers|2023-2024|Verified Answers Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deli...