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

What is a supply chain? - ANSWERA 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? - ANSWERThey have been in existence for many centuries, although the term "supply chain" was not commonpla...

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 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...

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...

UTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTsupply 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-compo...

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% Correct What is the major advantage of Dell's ordering and payment policies? - ANSWER-Negative cash-to-cash cycle If your company is trying to determine what customers want, the best source of information is: - ANSWER-customers Of 1,000 deliveries from P&G to Wal-Mart last year, 600 fulfilled all 1...

Buad 331 Exam 1 2023 Questions Buad 331 Exam 1 2023 Questions and Answers (Graded A)Buad 331 Exam 1 2023 Questions and Answers (Graded A)Answers (Graded A)Supply Chain Management - ANSWER-the management of upstream and downstream relationship with suppliers and customers order to deliver superior customer value at less cost to supply chain as a whole Demand chain management - ANSWER-should be the name because the chain should be driven by the market not the suppliers Porter's Supply Chain...

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% CORRECTThe hiring manager tells you that at WPC, logistics and supply chain management basically mean the same thing. This should indicate to you that: - ANSWER-WPC does not have a very clear conception of supply chain management, because supply chain management is about systematic integration across multi...

Supply chain management refers to: - Answer 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. Which of the following companies refers to itself as a "technology company merged with a supply chain"? - Answer Amazon How does supply chain management create value? - Answer Form, time, place, exchange The "Great Divide" in supply chain management occurs between: - Answer demand-ge...

UTK BUAD 331 Exam 1 Questions and Answers 100% CorrectUTK BUAD 331 Exam 1 Questions and Answers 100% CorrectUTK BUAD 331 Exam 1 Questions and Answers 100% CorrectUTK BUAD 331 Exam 1 Questions and Answers 100% Correct Supply chain management refers to: - ANSWER-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. Which of the following companies refers to itself as a "technology company ...