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UTK BUAD 331 Exam 1- 20 Questions and Answers
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UTK BUAD 331 Exam 1- 20 Questions and Answers
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UTK BUAD 331 Exam 1- 20 Questions andAnswers
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.
-Which of the following companies refers to itself as a "technology company
merged with a supply chain"? - -Amazon
-How does supply chain management create value? - -Form, time, place,
exchange
-The "Great Divide" in supply chain management occurs between: - -
demand-generating activities and demand-fulfilling activities
-What megatrend will greatly challenge supply chain managers? - --
Disruptive technology
-Talent/skills requirements
-Social changes
-____________ the chain facilitates better strategic alignment between supply
chain operations. - -Bending
-What did Caterpillar do in 2013 that led to a better integration of its supply
chain functions? - -Formed an integrated supply chain group to manage it's
supply chain
-Which of the following would be a metric for a senior level supply chain
manager? - -Cash-to-cash cycle
-What is a company's optimal service level? - -The point where the cost and
revenue curves are farthest apart
-Should all customers receive the same level of customer service? - -No
-Which one of the types of planning was not introduced in this module? - -
Date Planning
-Planning processes heavily utilized IT systems, but a planner is still vital to
ensure a high quality plan. - -True
-Which planning approach was discussed in this module? - -Exception based
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