SCM 303 Ch. 11 Questions and Correct Answers the Latest Update
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Course
SCM 303
Institution
SCM 303
Organizational plans should focus on key ____ and major ____ to be successful
well into the future.
Factors, actions
This level of decisions mold the particular department and involve the allocation
of internal resources.
Function
Which of the following is a significant obstacle supply ma...
✓ 1) Identifying concerns from supply goals and giving feedback into the organizational
objectives.
✓ 2) Translating corporate objectives into supply objectives.
✓ 3) Choosing the appropriate plan to achieve goals.
Strategic planning provides organizations a way to
✓ Achieve specific long-term goals and objectives for an organization.
A supply strategy has ____ major categories to consider when developing
strategic plans.
✓ 6
The three levels of strategic planning are
✓ Corporate, business unit, and function.
Supply chain management risks can be classified into categories of
✓ Reputation, financial, and operational.
Organizational objectives normally fall into four categories of survival, ________,
_________, and __________.
✓ Sustainability, growth, and financial.
Supply chain operational risks can be separated into which two factors?
✓ Events that are directly within the supplier's capability, and events that are beyond
the supplier's control.
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