Buad 331 exam 3 Study guides, Class notes & Summaries

BUAD 331 Final Exam Questions and Answers 100% Pass Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above all of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) D...

BUAD 331 Exam 3 Questions and Answe Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - ANSWERA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapse...

BUAD 331 Exam 3 Questions And Answers (Verified And Updated) Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost by half can provide Ted's products great competitive price in the market. b.) Yes, ensured quality can reduce product defects and hence ...

BUAD 331 Exam 4 Questions and Answers(Rated A) Logistics Management - ANSWERis the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements Supply Chain Management - ANSWERthe management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer va...

BUAD 331 Exam 2purchasing professionals - correct answer manage all of the firm's buyer-supplier relationships and serve internal customers who work in other functions in the organization procurement/supply management - correct answer strategic approaches and processes used to secure needed inputs into the organization to create relevant value sourcing - correct answer identifying the requirements, locations, and identity of specific companies and providers that may be used to acquire var...

BUAD 331 Exam 3 Questions & Answers

BUAD 331 Exam 3 Questions & Answers(Scored A+) Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost by half can provide Ted's products great competitive price in the market. b.) Yes, ensured quality can reduce product defects and hence increase custo...

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