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BUAD 331 FINAL EXAM BUNDLE(COMPLETE PACKAGE)Questions & Answers 100% Correct

BUAD 331 FINAL EXAM BUNDLE(COMPLETE PACKAGE)Questions & Answers 100% CorrectBUAD 331 FINAL EXAM BUNDLE(COMPLETE PACKAGE)Questions & Answers 100% CorrectBUAD 331 FINAL EXAM BUNDLE(COMPLETE PACKAGE)Questions & Answers 100% CorrectBUAD 331 FINAL EXAM BUNDLE(COMPLETE PACKAGE)Questions & Answers 100% Co...

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BUAD 331 Final Exam Questions & Answers(RATED A+)

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Why might a company consider expanding its supply chain internationally? - ANSWERAll 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 international compet...

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BUAD 331 Final Exam Questions & Answers(RATED A)

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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 ...

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BUAD 331 UTK Final Questions & Answers(GRADED A)

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b. Selectively apply automation to help reduce costs and lower prices at whole foods - ANSWER1. 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 and place...

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BUAD 331 Final Exam Questions & Answers 100% Correct

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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) Al...

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buad 331 final exam Questions & Answers 100% Correct.

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How can purchasing add value to an organization? A. By ensuring an uninterrupted flow of materials or services B. By reducing the total cost of products C. By collaborating with other areas such as logistics on supplier location decisions. D. By increasing revenue through supplier innovation and...

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BUAD 331- FINAL Questions & Answers 100% Correct.

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Competency - ANSWERWhat dimension of the EPIC assessment framework involves the strength of supply chain support businesses in the region? false - ANSWERSupply chain solutions that work in one region can be repeated as long as you have the technology systems to connect all supply chain partners. ...

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BUAD 331 Final Exam Questions & Answers 100% Accurate!

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Paradigm Change for business competition - ANSWERForm, time, place, exchange --> Creating value Porter Chain Value - ANSWERInbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network I...

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BUAD 331 Final Modules Questions & Answers(RATED A+)

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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 ...

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Buad 331 Final Questions 100% Solved!

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What Events can result in a supply chain disruption? Natural disasters like floods Supplier bankruptcy Plant fire at a supplier All the above - ANSWERAll of the above Which of the following was not discussed as examples of disruption impacts? - ANSWERManagement stress and turnover A strike...

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buad 331 final exam Questions & Answers(RATED A)

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Why might a company consider expanding its supply chain internationally? - ANSWERAll of the above What is the biggest cause of difficulties in working with another culture? - ANSWERDifferent ways of making decisions and approaching business Which supply chain strategy is most popular with comp...

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BUAD 331 Final exam- Questions & Answers(RATED A+)

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SCM Contributes to value creation: - ANSWERIn its most basic form, a business makes a promise to customers that it will fulfill a need by providing a good or service, and then it delivers on that promise. Business organizations provide value only when they identify demand and fulfill that demand by ...

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BUAD 331 Final Exam Review Questions & Answers(RATED A+)

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Which Economic utility is not a reason for students to buy textbooks from Amazon? - ANSWERForm Which of the following is NOT a characteristic of an efficient supply chain? Supply Predicable Demand Maximize performance and minimize cost Generate high turns to minimize inventory Select primaril...

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BUAD 331 FINAL EXAM QUESTIONS And ANSWER 100% Correct

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what statement best describes what a supply chain is? - ANSWERA complex network of companies that works together to provide a good or service for the end-use customer According to the University of Tennessee's concept of the Integrated Supply Chain, what lies at the center of the effort? - ANSWE...

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BUAD 331 final exam kc Questions & Answers(RATED A)

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How does Zara use its supply chain capabilities to generate competitive advantage? - ANSWERspeeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions SCM refers to a relatively new business phenomenon of: - ANSWERthe management of up + downstream relationship...

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BUAD 331 FINAL Questions 100% Solved!

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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 ...

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BUAD 331: Final Exam Correct 100%(GEADED A+)

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regional economic integration - ANSWERAgreements among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other Free Trade Area - ANSWERA group of countries committed to removin...

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BUAD 331 Final Exam Review Correct 100%(RATED A+)

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Focal firm (A) is likely to have most influence over: A) Tier 1 suppliers B) Tier 1 customers C) Tier 2 suppliers D) Tier 2 customers E) Initial suppliers - ANSWERA) Tier 1 suppliers Which supply chain strategy puts the MOST emphasis on effective planning, as it relies on these plans to dire...

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BUAD 331 Exam 1 Questions & Answers(RATED A)

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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 bac...

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BUAD 331 Final Exam Questions & Answers(RATED A)

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Ways Organizations Create Value - ANSWEROrganizations create value by shaping the product (form utility), delivering it at the right time (time utility), and placing it where it's needed (place utility). Cost Leadership - ANSWERProviding products or services at the lowest cost. Differentiatio...

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BUAD 331 FINAL EXAM REVIEW (terms & questions)WITH COMPLETE SOLUTIONS!

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Name the major challenges of Global SCM - ANSWERRisk, raw material scarcity, complex governmental rules and regulations, environmental sustainability, coordination with global partners, cost pressure, local and regional consumer preferences What dimension of the country assessment framework invol...

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BUAD 331 Final Exam Knowledge Checks Correct 100%(RATED A+)

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

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BUAD 331 Final Exam UTK Questions & Answers(RATED A+)

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Why might a company consider expanding its supply chain internationally? - ANSWERTo 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 What i...

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BUAD 331 Final Exam (Exam 4 Portion)Correct 100%(RATED A+)

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Patagonia "Cause no unnecessary harm" Example - ANSWER1. Fix sustainability by going deep into the supply chain→ Suppliers 2. Farms supplying down feathers to Patagonia were force feeding Geese to fatten their livers for foie gras 3. Brokers charging migrant workers thousands of dollars for jo...

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BUAD 331 UTK Final Questions & Answers!

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Which framework is most useful for companies wanting to build an initial assessment of the general operating environment in a country? A. EPICB. CAGEC. SWOTD. FARM - ANSWERA. EPIC What type of company will likely work with international supply chains? A. Large multinational companyB. Regional com...

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BUAD 331 Exam 3 Questions & Answers(SCORED A)

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Define order cycle time. - ANSWERThe total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as: - ANSWERlead time gap The econ...

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BUAD 331 Final Exam 1.2 Questions & Answers(RATED A)

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T/F: Supply chain management has a widely accepted definition that does not vary substantially between countries - ANSWERFalse What type of company will likely work with international supply chains? Large multinational company Regional company Small business All of the above - ANSWERall of ...

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BUAD 331 Exam 3 Questions & Answers(RATED A+)

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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 - ANSWERA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the...

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BUAD 331 exam 4 Questions 100% Correct!

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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 ...

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BUAD 331 Stank exam review Questions & Answers(GRADED A+)

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How does Zara use its supply chain capabilities to generate competitive advantage? A. Stocking clothing far in advance of sales to ensure in-stock availability. B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers. C. Speeding cycle times of new fas...

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331 Final Exam Questions & Answers(RATED A+)

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Which economic utility is NOT a reason for students to buy textbooks on A? - ANSWERForm You walk into Ted's Wicked Dive Shop and order a custom-designed diving mask that is fitted to the specific dimensions of your face. You are really pumped up about the purchase and expect delivery in 10 days....

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BUAD 331 Exam 4 Questions & Answers(SCORED A)

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Logistics Management - ANSWERis 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 Ch...

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BUAD 331 Quiz 5 Questions 100% Accurate!

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Why might a company consider expanding its supply chain internationally? - ANSWERAll of the above: Lower cost supplier, skilled labor, international expansion, fend off competition What is the biggest cause of difficulties in working with another culture? - ANSWERDifferent ways of making decision...

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BUAD 331- Exam 2 Questions 100% Solved!

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What is one major ISSUE that still exists in a lean fulfillment model: - ANSWERINVENTORY must be held in anticipation of customer orders Assuming company decided to adopt full agile/responsive order fulfillment, which case above would exemplify the costs associated with this strategy? - ANSWERTot...

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BUAD 331 Exam 3 Questions & Answers(RATED A+)

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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 ...

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BUAD 331 Exam 3 Questions With Correct Answers.

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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 - ANSWERA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the...

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BUAD 331 Exam 2 Correct 100%(Graded A+)

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You are SC manager at cellphone Inc. and part of your job is to make recommendations on fulfillment techniques for various products. Boss wants to know which products would be most appropriately serviced using lean technique. You tell him... - ANSWERa basic phone with a high volume of predictable cu...

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BUAD 331 Exam 4 Accurate 100%(Graded A+)

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Challenges of Global Supply Chains - ANSWER- increased requirements for coordination between partners -cost pressure -high customer expectations -risk of SC disruptions and threats -high levels of material scarcity -different government rules and regulations -environmental concerns and sustain...

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BUAD 331 exam 3 Questions & Answers!

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Information fragmentation - ANSWEREnterprise systems are primarily designed to address which of the following issues? a. Business process standardization b. Information fragmentation c. Lack of control over personnel work tasks d. None of the above Oracle - ANSWERWhich ERP vendor entered t...

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