Mgt final exam Study guides, Class notes & Summaries

The cheap objective of supply chain management is to achieve and sustain competitive advantage in the market by providing value to the customer: correct answers true In the SCORE-DS model its diagram, is the diagram that identifies the organizations upstream and downstream supply chain: correct answers true What is the definition of flexibility? correct answers Reconfiguring systems rapidly to manage change. • Includes product flexibility (i.e., customization), volume flexibility (i.e.,...

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The chief objective of supply chain management is to: correct answers achieve and sustain competitive advantage in the market by providing value to the customer The SCOR-DS model: correct answers identifies the entire process and it is NOT used to identify what is upstream and downstream. Definition of flexibility: correct answers reconfiguring systems rapidly to manage change Supply chain involves 3 parts: correct answers sourcing, operations, logistics The value model chain was des...

What is a mission statement? correct answers Statement that explains why an organization exists. Describes its core values and identifies the organization's domain. Know the deference between functional strategy and infrastructure strategy correct answers § Translates a business strategy into specific actions for functional areas such as marketing, human resources, and finance. § Includes the policies, people, decisions Structural elements include what correct answers Includes tangible...

Examples of managed services - Answer-Airlines, military, schools, healthcare facilities, business & industry, leisure & recreation, conference centers, airports, travel plazas Name some of the biggest management companies - Answer-Compass, Aramark, Sodexo, Centerplate Why is it difficult to determine when tourism began? - Answer-Centuries ago, very few people travelled for pleasure or business as they do today Natural quest - Answer-People have always traveled! Curiosity has led people of ...

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Mgt 6311 Final Exam Study Guide Questions With Complete Solutions

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