Scm 303 exam 1 - Study guides, Class notes & Summaries

The fundamental purpose of an organization's mission statement is to: A) define the functional areas required by the organization. B) define the operational structure of the organization. C) generate good public relations for the organization. D) define the organization's purpose in society. E) create a good human relations climate in the organization. correct answer: D) define the organization's purpose in society. A project organization: A) is effective for companies with mult...

SCM 303 Exam 1 with All Questions and Answers ...

SCM 303 Exam Questions With Verified Answers. Where are supply chains found? - answerIn a wide variety of businesses Upstream - answertowards suppliers Downstream - answertowards customers Why was the silk road or the spice trade viable? - answerbecause the goods being transported were very highly valued The tradability of goods.. - answerhas been increasing over time Why were supply chains localized prior to 1800? - answerbecause travel and communication over long distances was very di...

SCM 303 Exam 1 MSU |Questions with 100% Correct Answers

SCM 303 Exam 1 MSU FS18 |Questions with 100% Correct Answers

1. TQM: Total Quali- ty Management 2. Customer De- fined Quality 3. Conformance to specification 4. Example of Con- formance to specification is an integrated organizational effort designed to improve quality at every level. TQM is about meeting quality expectations as defined by the customer. measures how well the product or service meets the targets and tolerances determined by its designers. The wait for hotel room service may be specified as 20 minutes, but there may be an acceptable delay...