100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MKT 432- Exam 1 CMU Complete Solution 00% Verified Answers Graded A+. $12.99
Add to cart

Exam (elaborations)

MKT 432- Exam 1 CMU Complete Solution 00% Verified Answers Graded A+.

 0 purchase
  • Course
  • CMY
  • Institution
  • CMY

Operation Function - correct answer collection of people/technology /systems within an org that has a primary responsibility for providing product/service Scor model - correct answer a framework developed and supported by SCS;...

[Show more]

Preview 2 out of 9  pages

  • March 9, 2025
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CMY
  • CMY
avatar-seller
RealGrades
MKT 432- Exam 1 CMU

Operation Function - correct answer collection of people/technology /systems within
an org that has a primary responsibility for providing product/service



Scor model - correct answer a framework developed and supported by SCS; provides
standard descriptions of processes, relationships, and metrics that define SCM

planning

sourcing

make

delivery

return



Business Strategy - correct answer mechanism used to identify a firms target
customers and set time frames/ performance objectives



Functional strategy - correct answer specific actions for functional areas such as
marketing, hr, finance, or SCM. each area much align with eachother



3 elements of Business Strategy - correct answer clearly identify the target customer

set time frame and performance objectives

identify and support core competencies



structural elements - correct answer tangible assets associated with SC



Infastructural element - correct answer people, policies, procedures, decisions



True of false: Both infrastructural and structural elements combined make/create strategy - correct
answer true

, Mission Statement - correct answer Statement explaining why an org. exists and
describes what is important to the org.



SC strategy involves 3 elements - correct answer right mix of structural and
infrastructural elements

ensure choices align with customer value

support orgs. core comp.



True of false: All functional strategies must support the business strategies and the mission statement -
correct answer true



Value index - correct answer quantitative measure that uses performances and
customer importance to create a score that judges the overall value



Customer performance dimensions - correct answer quality

time

flexibility

cost



Types of flexibility - correct answer mixed, changeover, volume



Mixed Flexibility - correct answer produces a wide range



changeover flexibility - correct answer the ability to provide a new product with
minimal delay



volume flexibility - correct answer the ability to produce whatever volume the
customer needs

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71250 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.99
  • (0)
Add to cart
Added