BUAD 331 FINAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS (GRADED A)
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BUAD 331
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BUAD 331
BUAD 331 FINAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS (GRADED A)
Volunator Company has recently been trimming their supply base so they could work more closely and collaboratively with their suppliers. What risk driver have they made more prominent in their new design?
A. Node criticality
...
BUAD 331 FINAL EXAM QUESTIONS
WITH CORRECT DETAILED
ANSWERS (GRADED A)
Volunator Company has recently been trimming their supply base so they could work
more closely and collaboratively with their suppliers. What risk driver have they made
more prominent in their new design?
A. Node criticality
B. Complexity
C. Density
D. Both a and b
E. All of the above - Answer-A. Node criticality
Volknox Company has experienced a disruptive event. Specifically, it faces a shortage
of product X. What could NOT be the outcome of this event?
A. Lost sales to customers
B. Shutdown of manufacturing process
C. Very costly impact
D. Mild impact
E. All of the above could be an outcome - Answer-E. All of the above could be an
outcome
Zamtec Company has a supplier that is very close to bankruptcy (it is inevitable). The
supplier provides products that are extremely critical to Zamtec and is a single source of
supply for these products. What cell in a risk matrix best describes the risk they are
facing?
A. High/critical
B. Medium high
C. Medium
D. Low - Answer-A. High/critical
Fibs Company operates a supply chain that spans the globe. This supply chain can be:
A. A source of competitive advantage
B. A source of potential disruption
C. A source of significant risk
D. All of the above - Answer-D. All of the above
A strike has just occurred at a seaport. What phase of disruption are we most likely in at
this point in time?
A. Pre-disruption phase
B. Pre-due date phase
C. Buffer phase
D. Domino phase - Answer-B. Pre-due date phase
, Auto Company's shipment of parts were stopped due to a railroad accident. The parts
were lifted from the rail car by helicopter and flow to the assemble plant. Which
capability that this best exhibit?
A. Risk assessment
B. Warning capabilities
C. Mitigation capabilities
D. Contingency capabilities - Answer-D. Contingency capabilities
Lanyard Company has a single supplier that provides a critical raw material. This
situation could represent:
A. A strength of the supply chain in terms of being robust
B. An opportunity to work closely with the supplier to create mutual value
C. A threat that could result in disruption
D. Both b and c
E. All of the above - Answer-D. Both b and c
A natural disaster occurred, but Company ABC's supply chain continued to operate at a
normal level. What does this exhibit?
A. Disruption
B. Resiliency
C. Continuity
D. Both b and c
E. All of the above - Answer-C. Continuity
RFID is a technology that was discussed as an enabler of which capability?
A. Risk assessment
B. Warning capabilities
C. Mitigation capabilities
D. Contingency capabilities - Answer-B. Warning capabilities
In 2000, management predominately viewed the value of the supply chain emerging
from operational efficiency and _________.
A. moving products
B. improving sales
C. cost reduction
D. lean six sigma - Answer-C. cost reduction
Bill Simon, former CEO of Walmart North America, said that what organizations really
need today are supply chain managers who can __________ in response to changing
conditions.
A. increase profits
B. innovate
C. implement technology
D. lead mergers and acquisitions - Answer-B. innovate
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