Global sourcing final - Study guides, Class notes & Summaries

ITPM Complete Questions with 100% Correct Answers b. 25 percent 1. Approximately what percentage of the world's gross domestic product is spent on projects? a. 10 percent b. 25 percent c. 50 percent d. 75 percent c. Lower cost of capital 2. Which of the following is not a potential advantage of using good project management? a. Shorter development times b. Higher worker morale c. Lower cost of capital d. Higher profit margins c. project 3. A ___ is a temporary endeavor und...

CPSM Diagnostic Practice Exam Questions With 100% Correct Answers Latest Update 2024/2025 Graded A+. Which of the following should have the MOST influence in determining end product specifications, so as to minimize the potential for returns? (A) Marketing (B) Supply management (C) Engineering (D) Manufacturing - Answer (A) Marketing When developing specifications, a buyer may consider information from which of the following? I. Suppliers II. Industry Standards III. Professional Organi...

CPSM Diagnostic Practice Exam Questions With 100% Correct Answers Latest Update 2024/2025 Graded A. A supply manager issues a request to proposal for engineering services. In order to provide clarification on the specification on the specifications, the company holds a question-and-answer session for interested suppliers. Shortly after the question-andanswer session is held and before any proposals are actually received, the firm's engineering department revises the specifications. Given thi...

A supply manager issues a request to proposal for engineering services. In order to provide clarification on the specification on the specifications, the company holds a question-and-answer session for interested suppliers. Shortly after the question-andanswer session is held and before any proposals are actually received, the firm's engineering department revises the specifications. Given this situation, which of the following should the supply manager do FIRST? (A) Call and email the sup...

Chapter 01 Globalization True / False Questions 1. Globalization refers to the shift toward a more integrated and interdependent world economy. True False 2. Tastes and preferences of consumers in different nations are beginning to converge on some global norm. True False 3. A company has to be a major multinational corporation to facilitate, and benefit from, the globalization of markets. True False 4. Because of globalization, companies rarely need to customize marketing strategies...

BUSI 3250 Auburn Exam 3 Study Guide 1. marketing to millennials: 5 paradoxical trends: 1. amortality 2. shareconomy 3. cloaking 4. predictable consumer behavior 5. serendipity 2. amortality: anti-aging trends for millenials 3. shareconomy: also called shortcut society - MOOCs, uber, airbnb, renting your car to someone else 4. cloaking: creation of private pages or closed groups on social media sites such as facebook, desharing & unselfies 5. predictable consumer behavior...

OMIS 351 Final Exam Questions With 100% Verified Answers You learn that a party at Frat House A will have 150 people and a part at Frat House B will have 5 people. You dont know any of the people and each party costs $5 to get in. You choose Frat House A because of brand supplier power network effects price value chain analysis - answernetwork effects Chuck and Kyle's coffee shop is now offering a "buy 5 cups of coffee and get 1 free" promotion. This loyalty program has the purpose...

CISA Domain 2 Exam 183 Questions with Verified Answers IT management - CORRECT ANSWER the process of managing activities related to information technology operations and resources, which helps ensure that IT continues to support the defined enterprise objectives IT resource management - CORRECT ANSWER the process of pre-planning, scheduling and allocating the limited IT resources to maximize efficiency in achieving the enterprise objectives - When an organization invests its resources in...

Manufacturing Correct Answers The process of making a raw material into a finished product (components, assemblies). [Manufacturing = production] Manufacturing considerations: Correct Answers -Product meets design requirements, specifications and standards. -Manufactured in economical and environmentally friendly environment. -Quality must be built into product from design to final assemblies. -Flexible to accommodate supply and demand. -Adapt with new technology (materials, computers, ...

SCM 301 Final- Iowa State University Warehousing - ANS Companies storing their purchases, work-in progress, and finished goods Distribution Center - ANS A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center Crossdocking - ANS Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage Sorting - ANS Separating products into grades a...