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Buad 331 Exam 5 Comprehensive Study Guide 2026 Solved Questions A+

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BUAD 331 EXAM 5 COMPREHENSIVE STUDY GUIDE 2026 SOLVED QUESTIONS A+

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BUAD 331 EXAM 5 COMPREHENSIVE STUDY
GUIDE 2026 SOLVED QUESTIONS A+

◉ Global (BLANK) force supply chains to deliver on their promises.
Answer: brands


◉ Competitive Advantage in global supply chain management is
gained through: Answer: - configuration (what, where, when, why)


- coordination (staying on the same page/goals)


◉ Globalization makes companies focus on (BLANK) and (BLANK).
Answer: logistics
supply chain management


◉ Offshoring Answer: relocating a function or a process to another
country


- it does not require that the control of the offshore functions be
contracted to an external vendor


◉ What are some examples of offshoring? Answer: production

,call centers
back office (accounting/legal work)
engineering design
research and development


◉ More "touch-points" = Answer: more complexity, variability, and
uncertainty


◉ What are some potential pressure points from global
infrastructure? Answer: Foreign intermodal capacity
Foreign port capacity
Vessel capacity
Panama Canal capacity
US port capacity
US intermodal capacity
Network imbalance


◉ What are the global supply chain network strategies? Answer: -
focused factories
- inventory centralization
- postponement and localization
- end-to-end visibility

, - global planning and control, local implementation


◉ Focused factories Answer: provide economy of scale but increases
lead time and variability


◉ Inventory centralization Answer: inventory consolidation
substantially reduces total inventory holdings (square root rule)


◉ What percent of US firms do not have a supply chain risk
management strategy? Answer: close to 50%


◉ What are some types of supply chain risk? Answer: supply risk
process risk
demand risk
control risk
environmental risk


◉ For Ford, the earthquake in Japan in March 2011 represented
which kinds of risk? Answer: supply risk
demand risk


◉ Supply Chain Risk Profile = Answer: probability of disruption *
impact

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