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Exam (elaborations)

SCM Exam 1 Questions with 100% Correct Answers 2024/2025

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  • Course
  • SCM
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  • SCM

SCM Exam 1 Questions with 100% Correct Answers 2024/2025

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  • October 18, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM
  • SCM
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SCM Exam 1 Questions with 100%
Correct Answers 2024/2025

SCM - ANSWERScollaborative process management to meet the needs of the end customer, profitably



control decisions - ANSWERSday to day decisions that define how you make things



true - ANSWERSAn open systems view argues that your firm's competitive success depends more on
HOW your firm uses supply chain resources than WHAT your actually makes



tangibility of offerings - ANSWERSyou can't hold a service in your hand, you can only experience it as you
consume it



True - ANSWERSyou can standardize the extent of service delivery as much as you can improve control
and productivity



synthesis tools - ANSWERScluster analysis, trend diagrams, simple graphs, frequency charts



form utility - ANSWERSacquire inputs and transform them into products



possession utility - ANSWERScommunicate product's value and facilitate the exchange process



time utility - ANSWERSinfluence when a product is available for purchase



place utility - ANSWERSmake sure products and services are where customers expect to find them



competitive advantage (customer value) - ANSWERSinnovation, delivery, quality, cost, agility

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