OMGT FINAL Comprehensive Questions (Frequently Tested) and Complete Solutions Graded A+ ECU

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OMGT FINAL EXAM Comprehensive
Questions (Frequently Tested) and
Complete Solutions Graded A+ ECU
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What is the chief objective in supply chain management? - Answer:
Achieve and sustain competitive advantage in the market

The escort model is a diagram that identifies organizations up and
downstream in supply chain. True or false? - Answer: TRUE

, Flexibility definiton - Answer: An organization can easily scale to meet
the needs of its consumers

Supply chain consist of 3 parts - Answer: 1. Sourcing

2. Operations

3. Logistics

Who developed the value chain model? - Answer: Michael Porter

What are the three benefits of flexible supply chain? - Answer: 1.
Protection of threats

2. Ability to adapt quickly

3. Process simplification

What is the buisness process? - Answer: A structured set of activities
designed to produce a specific output

Business process management consists of (4) - Answer: 1. Design

2. Execute

3. Optimize

4. Monitor

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Number of pages: 9
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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