BUAD 331 TESTS COMPILATION BUNDLE

What is the major advantage of Dell's ordering and payment policies? correct answer: Negative cash-to-cash cycle If your company is trying to determine what customers want, the best source of information is: correct answer: customers Of 1,000 deliveries from P&G to Wal-Mart last year, 600 f...

Logistics Management correct answer: is the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements ...

Supply chain measurements are often called all of the below except: Key performance indicators Performance measures Metrics Critical points correct answer: Critical points Supply chain measurement is important for all the reasons below except: To provide important information to others in t...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All ...

1.2 Supply Chain Management refers to: correct answer: 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. 1.3 Which company refers to itself as a "technology company merged with a supply ...

Why might a company consider expanding its supply chain internationally? correct answer: All of the above (To obtain access to lower-cost suppliers To take advantage of a skilled labor base in another country To support international expansion of sales To fend off competition from an internation...

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place correct answer: A. Supply cycle time Define order cycle time. A. The total cost of ownership combined...

b. Selectively apply automation to help reduce costs and lower prices at whole foods correct answer: 1. In class we discussed amazons recent acquisition of whole foods. The strategy that seems the most plausible for amazon is: Focus on creating supply chains that deliver the specific form, time ...

Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False correct answer: B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technolo...

Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost ...

Why might a company consider expanding its supply chain internationally? a. To obtain access to lower-cost suppliers b. To take advantage of a skilled labor base in another country c. To support international expansion of sales d. To fend off competition from an international competitor e. Al...

Why might a company consider expanding its supply chain internationally? correct answer: To obtain access to lower-cost suppliers; To take advantage of a skilled labor base in another country; To support international expansion of sales; To fend off competition from an international competitor ...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales To fend off competition from an international competitor D. All of ...

Paradigm Change for business competition correct answer: Form, time, place, exchange --> Creating value Porter Chain Value correct answer: Inbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distrib...