Supply chain risks - Study guides, Revision notes & Summaries

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...

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...

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...

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...

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...

BUSOBA 3230 Exam 2 | Questions and Answers In a recent post, it was indicated that Tesla currently has the capacity to build 90k Model S/X and 400k Model 3/Y in Fremont, California, with an additional 150k capacity for Model 3s in Shanghai. Which of the following are true? (Select all that are correct) These are input measures They indicate the number of cars needed to break-even These are productivity measures These are output measures They indicate the maximum number of cars that can be prod...

what are the key supply chain data requirements - Answer-1. Accurate 2. Accessible 3. Relevant 4. Timely 5. Transferable 6. Reliable 7. Usable what are the goals of supply chain planning - Answer-solutions support the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand. SCP software sits on top of a transactional system to provide planning, what-if scenario analysis capabilitie...

Module 8, 9, 10 BUAD 331module 8) Where the supply function is in the supply chain - correct answer *figure 8.1 in Module 8 Learning Block 1* shows how procurement, manufacturing and service operations, and logistics in a focal organization should be aligned with one another and also with downstream customers and customer networks and upstream suppliers and supply networks. Procurement and supply managers and executives, such as the Chief Procurement Officer, tend to interact with the upstrea...

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...

Cycle Time : The time between two consecutive customer orders being completed Bottleneck : The slowest workstation in the process Bottleneck's Processing Time = ? : Cycle time for entire process When should a discount be offered? (Campus Club Cupcakes) 2 | P a g e : When it helps our bottleneck increase output Legal Risks (Campus Club Cupcakes) : Food safety, employee safety, taxes Financial Risks (Campus Club Cupcakes) : Lose money, customers not picking up or paying Organizationa...