Buad 331 exam - Study guides, Class notes & Summaries
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BUAD 331 EXAM 1 Q&A
- Exam (elaborations) • 20 pages • 2024
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Supply Chain Management refers to: 
A. The comprehensive management of networks of suppliers 
B. The meaningful integration of service with customer fulfillment 
C. The collaboration between operations and suppliers 
D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole 
E. The procurement, movement, and storage of product and information flows through the organization to maximize profit th...
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BUAD 331 Exam 2 Questions With Complete Solutions
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Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. 
A. True 
B. False correct answer: B. False 
 
Which of the following is NOT an area in which successful supply managers need expertise? 
A. Technologies 
B. Customers 
C. Suppliers 
D. Processes 
E. Resources correct answer: B. Customers 
 
When purchasing and supply management works well within an organization, the company acquires the best res...
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BUAD 331 Exam 1 Questions And Answers
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Supply chain management refers to a relatively new business phenomenon: correct answer: the management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole 
 
Which of the following is not an element of the integrated supply chain for General Mills' Honey Nut Cheerios? correct answer: dairy cow farmers 
 
The "Great Divide" in the supply chain occurs between correct answer: demand-focused activi...
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BUAD 331 Exam 4 (possible questions answered already)
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Logistics Management correct answers is the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements 
 
Supply Chain Management correct answers the management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain...
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UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.)
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UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) 
 
____________ the chain facilitates better strategic alignment between supply chain operations. 
A. Breaking 
B. Sharing 
C. Bending 
D. Spreading 
 
A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? 
A.Increase sales calls to all existing customers. 
B.Increase capacity utilization to gain economies of ...
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BUAD 331 Exam 3, BUAD331 Exam 3 Review, BUAD 331 Exam 3 – Questions & Answers
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BUAD 331 Exam 3, BUAD331 Exam 3 Review, BUAD 331 Exam 3 – Questions & Answers
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BUAD 331 Exam 4 questions well answered 2024
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BUAD 331 Exam 4Logistics Management - correct answer is the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements 
 
Supply Chain Management - correct answer the management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to...
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BUAD 331 Exam 1 Questions and Answers Already Passed
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BUAD 331 Exam 1 Questions and 
Answers Already Passed 
 
Supply Chain Management refers to: 
A. The comprehensive management of networks of suppliers 
B. The meaningful integration of service with customer fulfillment 
C. The collaboration between operations and suppliers 
D. The management of up and downstream relationships with suppliers and customers to deliver 
superior customer value at less cost to the supply chain as a whole 
E. The procurement, movement, and storage of product and inform...
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BUAD 331 Exam 4 questions and answers
- Exam (elaborations) • 21 pages • 2024
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BUAD 331 Exam 4 
Why might a company consider expanding its supply chain internationally? 
 
To obtain access to lower-cost suppliers 
To take advantage of a skilled labor base in another country 
To support international expansion of sales 
To fend off competition from an international competitor 
All of the above - correct answer All of the above 
 
What is the biggest cause of difficulties in working with another culture? 
 
Language differences 
Different ways of making decisions and approac...
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BUAD 331 Exam 1 with correctly answered 2024
- Exam (elaborations) • 29 pages • 2024
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BUAD 331 Exam 1Supply Chain Management refers to: 
A. The comprehensive management of networks of suppliers 
B. The meaningful integration of service with customer fulfillment 
C. The collaboration between operations and suppliers 
D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole 
E. The procurement, movement, and storage of product and information flows through the organization to max...
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