Buad - Study guides, Class notes & Summaries

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

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BUAD 342 Exam 1 with Complete Solutions selling "things" event Order to cash process Order to cash process 1. market (market goods or services) 2. negotiate (negotiate terms of a sales order) 3. select and inspect 4. prepare (prepare goods/services for delivery) 5. deliver (deliver goods/services to customer) 6. receive payment 7. negotiate (negotiate terms/accept return) Buying "things" event procure to pay process Procure to Pay process 1. identify (identify a need) 2...

BUAD 342 Exam Latest Update 100% Correct Conversion make new things or customize things for re-sale. Steps include assembly, growing, excavating, harvesting, manufacturing, delivery Source Data Automation collecting data in a digital way. examples include MICR on checks, bar code scanner, credit card strips and chips, radio frequency, touch screen, eye and voice recognition EDI Electronic Data Interchange. 2 businesses sharing data Batch processing Accumulating transaction reco...