Exam (elaborations)
SCM 5522 Chapter 1 & 2 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Course
- Institution
SCM 5522 Chapter 1 & 2 Questions with 100% Correct Answers | Verified | Latest Update 2024
[Show more]
Content preview
SCM 5522 Chapter 1 & 2................quality aims to produce defect-free products, whereas .................quality relates to the set of features
the product contains. - ✔✔process, design
A process in which one company studies the processes of another company for best practices is known as -
✔✔Benchmarking
%
A tool that shows how a company's strategy is delivered through a set of tailored activities is called a(n) -
✔✔activity-system maps.
Activity-system maps are useful for? (select all that apply) - ✔✔Understanding the fit between system
0
activities and company strategy.
Identifying strategic themes.
An operations and supply chain manager's job consists of all of the following activities EXCEPT? - ✔✔Selling
products to customers.
0
Building service activities into a firm's product offering is known as - ✔✔product-service bundling.
Business analytics has become more widely used because? (Select all that apply) - ✔✔Mathematical tools
have been developed to support the decision-making process.
1
More data is captured now than in the past.
Categorize the following items as "Pure Goods," "Pure Services," or "Goods/Services Combinations." -
✔✔Pure Goods ==> Food products, Chemicals
Goods/Services Combinations ==> Automobiles, Airlines
Pure Services ==> University, Medical
Doing something at the lowest possible cost is known as - ✔✔efficiency.
In the context of efficiency and effectiveness, ....................... is abstractly defined as quality divided by price. -
✔✔value
Modern companies need to focus on which aspect of the triple bottom line? - ✔✔Companies should focus on
all aspects: social, economic and environmental.
Operations and supply chain management includes which of the following activities? - ✔✔Improvement of
systems that create the firm's primary products.
Operation of systems that create the firm's primary products.
Design of delivery systems.
Operations and supply chain processes are the activities that - ✔✔transform inputs into outputs.
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 AnswersCOM. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
