Buad 331 final exam 2024 - Study guides, Class notes & Summaries

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% CORRECT. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap ...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% VERIFIED. The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled? - ANSWER order cycle time What is is the technique base...

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 of the above - ANSWERE. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...

UTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTUTK BUAD 331 EXAM 1 2023/2024 QUESTIONS AND ANSWERS 100% CORRECTsupply chain - ANSWER-consists of organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to the point of final consumption. SCM refers to... - ANSWER-compo...

Paradigm Change for business competition - ANSWERForm, time, place, exchange --> Creating value Porter Chain Value - ANSWERInbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network Integrated Supply Chain Management - ANSWERTraditional business coordination with particular organization within the supply chain for purposes of improving long term performances of individual enterpri...

Name the major challenges of Global SCM - ANSWERRisk, raw material scarcity, complex governmental rules and regulations, environmental sustainability, coordination with global partners, cost pressure, local and regional consumer preferences What dimension of the country assessment framework involves the strength of supply chain support business in the region? - ANSWERCompetency T/F: Supply chain solutions that work in one region can be repeated as long as you have the technology systems to...

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 of the above - ANSWERall of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) Different ways of making decisions and approaching ...

QUESTIONS AND ANSWERS

Which Economic utility is not a reason for students to buy textbooks from Amazon? - ANSWERForm Which of the following is NOT a characteristic of an efficient supply chain? Supply Predicable Demand Maximize performance and minimize cost Generate high turns to minimize inventory Select primarily for speed, flexibility, and quality Select primarily for cost and quality - ANSWERSelect primarily for speed, flexibility, and quality How has Zara utilized a vertically integrated business mode...