Global sourcing exam - Study guides, Class notes & Summaries

CIPS L4M8 LO2 Exam Questions With Verified Answers what are the stages of ordering? - answer1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - answer1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - answer- localised - regional - nati...

Global Sourcing Final Exam 2023 Questions and Answers 100% Verified

MGT 300 Exam 1 –UA Exam Review Questions and answers, graded A+/ verified. 6. ____ is the active oversight by boards of directors of top management decisions in such areas as corporate strategy and financial reporting. a. Value chain analysis b. Productivity c. Outsourcing d. Corporate governance - -d. Corporate governance A business owner makes a decision to reduce a plant's workforce by 10% to cut costs and save jobs for the other 90% of employees. This decision could be justifi...

SCMN 3150 Final Exam Questions and Answers Already Passed What types of knowledge and benefits should supply chain information technology provide to users? Managing and reducing materials cost, improving customer service, improving manufacturing efficiency, optimizing overall internal supply chain costs, reducing supply chain risk What is the role of a decision support system? How do execution systems help a supply chain? a. Help decision makers utilize data and models to identify a...

Global Sourcing Final PASSED Exam Questions and CORRECT Answers Pre-production approval - Correct Answer- prepare all necessary components for garment production in a timely manner Who approves of all pre-production components - Correct Answer- sourcer's team What is approved during the pre-production approval process? - Correct Answer- correct fit, color dip, fabric swatch, sizing etc.

BSNS 111 - Exam Prep Questions And Correct Answers. Over 280 Questions And Correct Answers. With Complete Verified Solution Updated 2024. Bullseye (Sustainability Model) 1. Economy 2. Society 3. Environment Friedman Doctrine Maximise profits, but do so within the rules of the game. Rules of the game Refers to rules which are unwritten, e.g. ethics and attitude, and those laws by govt. Invisible Hand Adam Smith - everyone acting in their own self interest will positively effect societ...

BBA 411 Spring 2024 Exam 1 Questions With Answers Globalization the shift toward a more integrated and interdependent world economy Globalization of markets the merging of historically distinct and separate national markets into one huge global marketplace Globalization of production refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost an quality of factors of production. What are the factors of prod...

BBA 411 Exam Questions With Answers Graded A+ Globalization the shift toward a more integrated and interdependent world economy Globalization of markets the merging of historically distinct and separate national markets into one huge global marketplace Globalization of production the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production 4 factors of production Labor,Energy, Lan...

Global Sourcing Final UPDATED Exam Questions and CORRECT Answers 3 sourcing factors that depend on a country's economic development, rather than geographic location: - Correct Answer- cost and availability of power (electricity), workers level of knowledge and skills, and workers hourly wage steps required for apparel factories to become certified by WRAP - Correct Answer- factory applies to be evaluated by WRAP and pays fee, factory performs a three-month selfassessment using WRAP g...

SCMN 2150 Auburn Barto Test 2 Exam Questions With Verified Answers Supply management - answerThe identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. focuses on linking strategies and decisions related to the procurement of goods and services strategic sourcing (1) - answeran institutional procurement process that continuously improves and re-evaluates t...