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NCSU BUS 370 Test 1 Favre Exam (question and answer)
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NCSU BUS 370 Test 1 Favre Exam (question and answer)
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NCSU BUS 370 Test 1 Favre Exam(question and answer)
Operations Function - correct answer ✅is the collection
of people, technology and systems within an organization
that has primarily responsibility for providing the products
or services
Supply Chain - correct answer ✅a network of
manufacturers and service providers that move raw
materials through to the end user
Operations management - correct answer ✅should be
thought about as a transformation process that takes
inputs and transfers them into outputs
&
is the planning, scheduling and control of the activities
that transform inputs into finished goods and services
First-tier supplier - correct answer ✅its supplies
materials directly to the firm
Second-tier supplier - correct answer ✅it provides
goods to the first-tier supplier
, NCSU BUS 370 Test 1 Favre Exam
(question and answer)
Supply chain management - correct answer ✅is the
ACTIVE management of the supply chain activities and
relationships in order to maintain a competitive
advantage
Supply Chain Operations Reference (SCOR) Model -
correct answer ✅is a framework developed by the
supply chain council that seeks to provide standards for
supply chain management
Relationship Management - correct answer ✅this is the
most difficult aspect of supply chain; must have a good
relationship with upstream and downstream suppliers
Structural Elements - correct answer ✅are the tangible
resources, such as buildings, equipment and computer
systems
Infrastructural Elements - correct answer ✅are the
people, policies, decision rules and organizational
structure ex: personel
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