Buad - Guides d'étude, Notes de cours & Résumés

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...

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...

competitive advantage correct answersthe ability of a firm to outperform its rivals by achieving greater profitability and growth than others in the industry is an example of _____________. maximizing the return to shareholders is to focus on the customers and employees correct answersA tech company determines that it should pay its top-performing employees above-market wages, decreasing shareholder returns in the short-term. But the employee longevity pays off through sustained R&D and break...

Stakeholders correct answersa party that has an interest in a company and can either affect or be affected by the business. typically investors, employees, customers, suppliers, communities, governments, or trade associations. can be both INTERNAL AND EXTERNAL to the organization Internal Stakeholders correct answersPeople who work for or own the business such as employees, directors, and stockholders. direct relationship such as employment, ownership or investment External Stakeholders co...

Why do organizations perform business processes? correct answersto reach strategic business goals How is a business event related to a business process? correct answersBy analyzing business events, we can more easily identify the data needs of a business process. Name and describe the three core interdependent business processes that are common to all organizations. correct answersProcure to Pay (selling) Order to Cash (buying)

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BUAD 341 UTK Final Exam questions with correct solutions

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