Buad 331 exam 1 questions - Study guides, Class notes & Summaries

BUAD 331 Exam 1 Questions with complete Solutions

What is a supply chain? correct answer: A supply chain consists of the organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to point of final consumption, and, increasingly, re-entering material that was not consumed back into the supply chain for reuse or recycling. How long have supply chains been around? correct answer: They have been in existence for many centuries, although the term "supply chain"...

Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. 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 E. The procurement, movement, and storage of product and information flows through the organization to maximize profit th...

BUAD 331 Exam 1 Questions and Answers|2023-2024|Verified AnswersBUAD 331 Exam 1 Questions and Answers|2023-2024|Verified AnswersBUAD 331 Exam 1 Questions and Answers|2023-2024|Verified Answers Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deli...

BUAD 331 Exam 1 Questions and Answers 100% CorrectBUAD 331 Exam 1 Questions and Answers 100% CorrectBUAD 331 Exam 1 Questions and Answers 100% CorrectBUAD 331 Exam 1 Questions and Answers 100% CorrectBUAD 331 Exam 1 Questions and Answers 100% Correct What is a supply chain? - ANSWER-A supply chain consists of the organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to point of final consumption, and, incre...

BUAD 331 EXAM 1 Questions and answers

BUAD 331 Exam 1 Questions and Answers | 2023-2024 | All Verified Answers BUAD 331 Exam 1 Questions and Answers | 2023-2024 | All Verified Answers Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to ...

supply chain - Answer consists of organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to the point of final consumption. SCM refers to... - Answer components that are closer to the raw materials as being "upstream" and those that occur closer to the customer as being "downstream." supply chain management - Answer is the systematic coordination of traditional business functions within a particular o...

What is the major advantage of Dell's ordering and payment policies? correct answer: Negative cash-to-cash cycle If your company is trying to determine what customers want, the best source of information is: correct answer: customers Of 1,000 deliveries from P&G to Wal-Mart last year, 600 fulfilled all 12 requirements of the perfect order, 200 fulfilled 11 out of 12, 50 fulfilled 9 out of 12. What was P&G's perfect order score? correct answer: 60% If Ted realized that he always los...