BUAD 331 Exam Bundle

Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost ...

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - Answer-A. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the ...

Define order cycle time. - The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as: - lead time gap The economic order qua...

Why might a company consider expanding its supply chain internationally? - Answer-All of the above What is the biggest cause of difficulties in working with another culture? - Answer-Different ways of making decisions and approaching business Which supply chain strategy is most popular with compa...

How does Zara use its supply chain capabilities to generate competitive advantage? - Answer-speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions SCM refers to a relatively new business phenomenon of: - Answer-the management of up + downstream relationsh...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All ...

What Events can result in a supply chain disruption? Natural disasters like floods Supplier bankruptcy Plant fire at a supplier All the above - Answer-All of the above Which of the following was not discussed as examples of disruption impacts? - Answer-Management stress and turnover A strike ...

Paradigm Change for business competition - Form, time, place, exchange --> Creating value Porter Chain Value - Inbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network Integrated Suppl...

the best starting point to improve profitability - determining the service levels different customers desire and are willing to pay for Total Cost of Ownership - a financial estimate intended to help buyers and owners determine the direct and indirect costs (true costs) of a product or system; ta...

Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All ...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All ...

Why might a company consider expanding its supply chain internationally? - Answer-All of the above (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 comp...