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OMGT Final OMGT 3123 East Carolina University | UPDATED Questions with 100% Verified Answers

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OMGT Final OMGT 3123 East Carolina University | UPDATED Questions with 100% Verified Answers

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OMGT Final OMGT 3123 East Carolina University | UPDATED
Questions with 100% Verified Answers

Question:
Chief objective of supply chain is to...

Answer:
- achieve and sustain competitive advantage in the market


Question:
The SCOR-DS model isn't a diagram that identifies the
organizations upstream and downstream in the supply chain

Answer:
- true


Question:
Definition of flexibility

Answer:
- reconfiguring systems rapidly to manage change


Question:
Supply chain consists of what three parts

Answer:
- sourcing
- operations
- logistics


Question:
Who developed the value chain model

Answer:
- Michael Porter


Question:
What are the three benefits of flexible supply chain

, Answer:
- protection against threats
- ability to adapt quickly
- process simplification


Question:
Business process is...

Answer:
- a structure set of activities designed to produce a specific
output


Question:
Business process management consists of the following steps

Answer:
- design
- execute
- optimize
- monitor


Question:
What is a benefit of using business process management

Answer:
- increase value added time


Question:
Productivity is expressed as

Answer:
- output divided by input


Question:
What is the definition of benchmarking

Answer:

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