Buad 331 exam 2 - Study guides, Class notes & Summaries

BUAD 331 Exam 2 (Knowledge Checks) – Q’s And A’s

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BUAD 331 Exam 2 study guide what type of material has many sources of supply and is mostly low value, small individual transactions? - correct answer Non-Critical When are supplier evaluation and selection decisions initiated? - correct answer During routine market testing Which of the following is an item associated with direct spending for aircraft manufacturer Boeing? - correct answer Airplane Rivets At Ted's Wicked Manufacturing Plant his logistics manager realizes that an order n...

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 - 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 - Answer B. Customers When purchasing and supply management works well within an organization, the company acquires the best resources from arou...

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BUAD 331 EXAM 2 QUESTIONS WITH CORRECT DETAILED ANSWERS.

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...