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BUS 370 Test 1 Review question and answer
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BUS 370 Test 1 Review questionand answer 2024-2025
3 basic reasons to study Supply chain - correct answer
✅1)pervasiveness
2)interdependence
3) profitability and survival
operations management - correct answer ✅planning,
scheduling, and controlling of activities that transforms
inputs into finished goods and services.
2 types- manufacturing operations and service operations
supply chain - correct answer ✅network of
manufactures and service providers that work together to
create a product or service need by end user. providers
linked through physical, informational, and monetary
flows.
important SC trends (chp1) - correct answer
✅ecommerce, increasing competition/globalization,
relationship management
Professional organizations (4) - correct answer ✅ASQ
(american society for quality)
ISM (institute for supply chain mgmt)
, BUS 370 Test 1 Review question
and answer 2024-2025
CSCMP( council for supply chain mgmt professionals)
APICS (association for supply chain mgmt)
Career Path 1 - correct answer ✅logistics: analyst,
production manager, service manager, or sourcing
manager
Career Path 2 - correct answer ✅transportation:
transporting manager, supplier development manager,
commodity manager, international logistics manager
Operations and Supply Chain Linkages - correct answer
✅financing, accounting, marketing, information
technology, engineering, human resource
Business Strategy - correct answer ✅mechanism for
coordinating and guiding decisions regarding elements of
businesses (core competencies, infrastructural,
structural)
Core Competency Structural - correct answer
✅organizational strengths and weaknesses that develop
over time, are valuable, and competitors find it difficult to
copy.
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