Exam (elaborations)
BUAD 331 Stank exam review Questions with Verified Answers
- Course
- Institution
BUAD 331 Stank exam review Questions with Verified Answers
[Show more]
Seller
Follow
Victorious23
Reviews received
Content preview
BUAD 331 Stank exam reviewQuestions with Verified Answers
How does Zara use its supply chain capabilities to generate competitive
advantage?
A. Stocking clothing far in advance of sales to ensure in-stock availability.
B. Buying new seasonal clothing lines in bulk to take advantage of volume
discounts from suppliers.
C. Speeding cycle times of new fashions from design to store shelf to ensure
the trendiest fashions.
D. Cycling seasonal clothing trends using long-term predictions of demand to
lower costs for customers. - -C
-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.
C. the procurement, movement and storage of product and information flows
through the organization to maximize profit through cost-effective order
fulfillment - -D
-How does supply chain management create value?
A. Form, time, place, exchange
B. Product, price, place, promotion
C. Cost, asset, capacity, integration
D. Responsiveness, productivity, reliability, delivery - -A
-The "Great Divide" in supply chain management occurs between:
A. suppliers and manufacturers
B. demand-generating activities and demand-fulfilling activities
C. sales and marketing activities
D. organizations and their customers - -B
-What megatrend will greatly challenge supply chain managers?
A. Disruptive technology
B. Talent/skills requirements
, C. Social changes
D. All of the above - -D
-Supply chain management refers to a relatively new business phenomenon
of
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 upstream 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 through cost-effective order
fulfillment. - -D
-What part of the Supply Chain Operations Reference (SCOR) model involves
turning the raw material into a finished product?
A. Plan
B. Make
C. Source
D. Deliver - -B
-In relation to the overall supply chain, ______ place a priority on cost savings
while _______ place a priority on doing whatever is necessary to deliver form,
time, and place as promised on a specific order.
A. downstream operations, upstream operations
B. upstream operations, downstream operations
C. marginal operations, radical operation - -B
-What negative outcomes can result from large lot-sized, long lead-time
operations?
A. Customers don't want the items.
B. The items are in places and at times customers don't want them.
C. Unsold products are sold at reduced prices or scrapped altogether.
D. All of the above - -D
-____________ the chain facilitates better strategic alignment between supply
chain operations.
A. Breaking
B. Sharing
C. Bending
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Victorious23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now