Supply chain risks Study guides, Revision notes & Summaries

Benchmarking The process of measuring the performance of an organization against external standards of reference that frequently come from similar organizations doing similar things. Corporate Governance The system of rules, practices and processes by which a company is directed and controlled. Enterprise Risk Management A strategic discipline that supports the achievement of an organization's objectives by addressing the full spectrum of its risk and managing the combined impa...

Smartserve 2 Questions and Answers Already Passed How does SmartServe help in identifying fraudulent activities in the financial sector? SmartServe uses advanced algorithms and machine learning techniques to analyze transaction patterns and detect anomalies that may indicate fraudulent behavior. What is the role of predictive analytics in SmartServe? Predictive analytics in SmartServe helps forecast potential risks and trends by analyzing historical data, allowing businesses to pr...

WGU C212 KLM1 Task 1: Marketing with complete solution- Western Governors University Table of Contents New Products and Services 3 Three methods to determine there is a need and a global market 3 Competitive Advantage 4 Risks in Product Launch… 5 Customer Relationship Management (CRM)… 6 CRM Practices 6 Distribution Channels 6 Key Considerations 7 Supply Chain… 7 Pricing Strategy… 8 Costs 8 Consumer Acceptance 8 Competitor Prices 9 Promotional Strategy… 9 Media Chan...

What uncontrollable marketing element provides user input as to how the company delivers upon its value proposition? Quality control inspections Product delivery schedule Competitive elements Consumer feedback - Answer Consumer feedback Which controllable marketing function should a company use to achieve its firm-level goals and to satisfy the target customers' needs and wants? Sales Promotion Production Product - Answer Product Which controllable element is included in the m...

MAN 320 Exam 2 Questions and Answers Rated A+ What is the main goal of “operational management”? To ensure efficient and effective production and delivery of goods and services. How does “value creation” contribute to a business’s success? By providing products or services that meet customer needs and generate profit. What is “strategic management” and its importance? It involves setting long-term goals and determining the best strategies to achieve them, cruci...

WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...

The prescription Drug Marketing Act of 19__ prohibited the sale of what items? - Answer - 1987 1. drug samples 2. sale of re-imported drugs 3. resale of drugs by healthcare orgs The PDMA also aimed to reduce public health risks by placing what restrictions on prescription drugs? - Answer - requires state licensing of wholesalers OBRA 90 mandated what 2 pharmacy patient care requirements for Medicaid patients? - Answer - 1. prospective DUR 2. patient counseling Which act defined t...

OMVIC FINAL EXAM QUESTIONS AND ANSWERS ALREADY GRADED A+ supply chain strategic importance -the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer -includes suppliers, manufacturers and/or service providers, retailers, and final customer -large portion of sales dollars spent of purchases -supplier relationships increasingly integrated and long term -improve innovation, speed design, reduce costs -managing supplier rel...

Which of the following is a governance issue? A. Tax transparency B. Health and safety C. Working conditions - Answer A is correct because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Tax Transparency [falls under the umbrella of] Governance". B is incorrect because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Health & Safety [falls under th...

CPIM Exam Part 1 Questions & Answers 2024/2025 Supply Chain Management - ANSWERSThe design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally Value Chain Analysis - ANSWERSAn examination of all links a company uses to produce and deliver its products and services, starting from the origi...