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BUAD 331 Exam 4 with Verified Solutions 100% Pass
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BUAD 331 Exam 4 with Verified Solutions 100% Pass
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BUAD 331 Exam 4 with Verified Solutions 100% PassSupply chain management has a widely accepted definition that does not vary substantially
between countries.
True
False Correct Ans-False
Which framework is most useful for companies wanting to build an initial assessment of the
general operating environment in a country?
EPIC
CAGE
SWOT
FARM Correct Ans-EPIC
What events can result in a supply chain disruption?
Natural disasters like floods
Supplier bankruptcy
Plant fire at a supplier
All of the above Correct Ans-All of the Above
, BUAD 331 Exam 4 with Verified Solutions 100% Pass
Which of the following was NOT discussed as examples of disruption impacts?
Shortage of critical inputs
Delays in product completion
Management stress and turnover
Loss in shareholder value Correct Ans-Management stress and turnover
A strike has just occurred at a key supplier. Which phase is the firm most likely dealing with?
Pre-disruption phase
Receipt phase
Domino phase
Pre-Due date phase Correct Ans-Pre-Due date phase
When determining the potential for the likelihood of a particular event, a manager may rely
on:
past impacts in terms of cost.
historical information relative to past frequencies.
subjective assessments based on knowledge.
Both B and C
All of the above Correct Ans-Both B and C
, BUAD 331 Exam 4 with Verified Solutions 100% Pass
What would be the best approach to use if a manager wants to assess risk across key
locations across the globe?
Spatial risk assessment
2-by-2 matrix
3-by-3 matrix
10-by-10 matrix Correct Ans-Spatial risk assessment
ABC Company anticipates a pending event and is able to re-route product flow to avoid being
disrupted. ABC Company supply chain exhibits:
resiliency.
continuity.
both resiliency and continuity. Correct Ans-continuity
Littlejohn Company sources a critical component from a supplier in China and a supplier in
Mexico. What type of continuity/resiliency capability does this best represent?
Risk assessment
Warning capabilities
Mitigation capabilities
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