Quiz 1 Study Guide Questions With Solutions
Sustainability Which historical development in OSCM relates to the ability of a firm to
maintain balance in a system, considering the ongoing economic, employee, and environmental
viability of the firm?
Creates and delivers a firm's products and ser...
Sustainability Which historical development in OSCM relates to the ability of a firm to
maintain balance in a system, considering the ongoing economic, employee, and environmental
viability of the firm?
Creates and delivers a firm's products and services Operations and supply chain
management is concerned with the design and management of the entire system that has what
function?
Analytics Operations and supply chain ________ leverages the vast amount of data in
enterprise resource planning systems to make decisions related to managing resources
Strategy, Processes, and Analytics What are the three elements that require integration to
be successful in operations and supply chain management
Just-In-Time (JIT) Production Which major OSCM concept can be described as an
integrated set of activities designed to achieve high-volume production using minimal
inventories of parts that arrive at workstations exactly when they are needed?
, Quiz 1 Study Guide Questions With Solutions
Chief Operating Officer What high-level OSCM position manager is responsible for
working with the CEO and company president to determine the company's competitive strategy?
Benchmarking What is the name of the process in which one company studies the
processes of another firm in order to identify best practices?
Supply Chain Risk What is defined as the likelihood of disruption that would impact the
ability of a company to continuously supply products or services?
Competitive Dimensions What is the term used to describe product attributions that attract
certain customers and can be used to form the competitive position of a firm?
Its Current Shareholders A firm's strategy should describe how it intends to create and
sustain value for________.
Triple Bottom Line Shell Oil Company's motto "People, Planet and Profit" is a real-world
implantation of what OSCM concept?
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