Competitive priorities Samenvattingen, Notities en Examens
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MGSC 395 Practice Exam 1 Questions and Answers 2024
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A credit card-processing firm would be likely to list the following competitive priorities for its external customers: 
 
A. 
Concurrent engineering 
B. 
Mass customization 
C. 
Consistent quality 
D. 
Postponement - c 
 
Which of the following events from the twentieth century defines the history of operations and supply chain management? 
 
A. 
The invention of the assembly line for the Model T car by Henry Ford. 
B. 
Alfred Sloan's introduction of strategic planning for achieving product pro...
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MGSC 395 Midterm Exam Questions and Answers
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Operations Management - CORRECT ANSWER-the processes that effectively 
produce, transform, and deliver a product or service 
Operations Strategy - CORRECT ANSWER-cost, quality, delivery, flexibility 
companies determine what they want to provide their customers and then design 
and manage supply chain and operations as a customer driven firm 
competitive priorities - CORRECT ANSWER-the critical dimensions that a 
operations and supply chain must possess to satisfy its internal or external 
custo...
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NAHQ CPHQ Exam 2023 with complete solutions
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CPQA - ANSWER-certified professional in quality assurance 
 
When did CPHQ begin to advance the profession of quality and when was the first certification administered? - ANSWER-1976; Sept 8 1984 
 
Board of Director's Quality Role - ANSWER-1. set policy 
2. financial and strategic direction 
3. quality of care 
4. goals and objectives 
5. establish quality priorities 
 
Leadership - ANSWER-ability to influence an individual or group toward achievement of a goal and includes determining the ...
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MGSC 395 Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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A credit card-processing firm would be likely to list the following competitive priorities for 
its external customers: 
A. 
Concurrent engineering 
B. 
Mass customization 
C. 
Consistent quality 
D. 
Postponement 
: c 
2 | P a g e 
Which of the following events from the twentieth century defines the history of 
operations and supply chain management? 
A. 
The invention of the assembly line for the Model T car by Henry Ford. 
B. 
Alfred Sloan's introduction of strategic planning for achieving...
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MGSC 395 Midterm Exam Questions with complete solution 2024/2025
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MGSC 395 Midterm Exam Questions with complete solution 2024/2025Operations Management - correct answer the processes that effectively produce, transform, and deliver a product or service 
 
Operations Strategy - correct answer cost, quality, delivery, flexibility 
 
companies determine what they want to provide their customers and then design and manage supply chain and operations as a customer driven firm 
 
competitive priorities - correct answer the critical dimensions that a operati...
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WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+)
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WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) 
 
Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation 
 
The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning 
 
Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...
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RSC III Exam Questions and Answers 100% Pass
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RSC III Exam Questions and Answers 100% Pass 
In most cases, mentoring is based on the mentor's agenda. 
True or False - Answer- False 
What is the most effective style of listening? - Answer- ·Active 
What conflict style is this person exhibiting: Compromising, Accommodating, or 
Competitive? 
Karen encourages each team leader to give up something from their team budgets to 
pay for a training consultant she has found. This way everyone is equally 
inconvenienced. That is what seems fair to h...
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SCM 300 EXAM 1 MODULES 1-4 (DAVILA)
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Supply Chain Management - Answer-the management of the chain of supplies 
 
buy it -> make it -> move it -> sell it -> service it - Answer-SCM Flows/Strategy 
 
1. cost 
2. quality 
3. speed/time 
4. flexibility - Answer-Competitive Priorities 
 
value (what i get/price) - Answer-customers perspective 
 
productivity (what i make/cost) - Answer-organization perspective 
 
1. Procurement 
2. Operations 
3. Logistics - Answer-SCM Key Components 
 
Procurement (buy it) - Answer-process ...
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BUS 800 - final exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Strategy 
: the means by which individuals or organizations achieve their objectives 
tactic 
: a scheme for a specific action 
corporate planning 
: sets goals and objectives, forecasts key economic trends (including market 
demand, market share, revenue, costs, and margins), established priorities for different 
products and business areas of the firm, and allocated capital expenditures 
Strategic Management 
: associated with increasing focus on competition as the central characteristic of ...
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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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the planning and controlling of inventories in order to meet the competitive priorities of 
the organization 
: inventory management 
a stock of materials used to satisfy customer demand or to support the production of 
services or goods 
: inventory 
-inventory holding cost 
-cost of capital 
-storage and handling costs 
-taxes 
-insurances 
2 | P a g e 
-shrinkage 
: pressures for small inventories 
- customer service 
-ordering cost 
-setup cost 
-labor and equipment ultilization 
-transpor...
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