BCOR 360 FINAL EXAM NEWEST 2025 ACTUAL EXAM COMPLETE 150
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
supply chain - (answers)a global network used to deliver goods and services from raw materials
to end customers through an engineered flow of information, transformation, physical
distribution, and cash
supply chain management (SCM) - (answers)the design, planning, execution, and monitoring of
supply chain activities with there objective of creating net value, building a competitive
infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and
measuring performance globally
value stream - (answers)consists of the processes that create, produce, and deliver a good or
service to the market
service industry - (answers)an organization that provides an intangible product. in a broad sense
all organizations except farming, mining, and manufacturing are service industries
buyer/planner - (answers)a material buyer who also does material planning. job manages
material acquisition, assists in material requirements planning, supplier relationship
management, product lifecycle and service design, and other activities related to acquiring
resources for a firm 你是想要一篇“眼睛容易
阅读的”中文文章
distribution and logistics manager - (answers)responsible for overseeing the flow of goods and
related information in the supply chain; coordinates supply chain processes that involve
suppliers, manufactures, retailers, and consumers
master scheduling manager - (answers)responsible for managing, establishing, reviewing, and
maintaining a master schedule of the need for select items
,materials manager - (answers)supports the complete cycle of material flow, from the purchase
and tracking of raw material, tracking of work in process, to the tracking of the finished product,
ensuring the material is available to satisfy the demand of customers
supply chain manager - (answers)responsible for support of the global network that delivers
products and services across the entire supply chain, from raw materials to end customers
order winners - (answers)the competitive characteristics that cause a firms customers to choose
that firms goods and services over those of its competitors
-competitive advantages for the firm (ex: price, quality, flexibility, design)
order qualifiers - (answers)the competitive characteristics that a firm must exhibit to be a viable
competitor in the marketplace
order losers - (answers)the capabilities of an organization in which poor performance can cause
loss of business
integrated resource management - (answers)the consistent planning and validation of all
organizational resources; involves effective identification, planning, scheduling, execution, and
control of all organizational resources to produce a good or service that provides customer
satisfaction and supports the organizations competitive edge and organizational goals
supply chain risk - (answers)recognizes that decisions and activities related to designing and
你是想要一篇“眼睛容易
operating a supply chain have outcomes that can negatively affect information and good flows
阅读的”中文文章
within a supply chain
ISO 31000- risk management principles and guidelines - (answers)a standard that outlines
principles and a set of guidelines to manage risk in any endeavor; includes guidelines for
understanding risk, developing a risk management policy, integrating risk management into
organizational processes, and establishing internal and external risk communication processes
sustainability - (answers)three-pronged objective in supply chain activities; fundamental that all
activities should provide benefit today without compromising the needs of future generations
,-financial performance
-environmental impact
-social responsibility
social responsibility - (answers)a firms employee welfare and public policy activities
ISO 14000- environmental management systems - (answers)series of generic envi- ronmental
management standards developed by the ISO, which provide struc- ture and systems for
managing environmental compliance with legislative and regulatory requirements and affect
every aspect of a company's environmental operations
ISO 26000- guidance for social responsibility - (answers)international standard adopted by the
ISO to assist organizations in contributing to sustainable devel- opment beyond legal compliance
through a common understanding of social responsibility
global reporting initiative (GRI) - (answers)network-based organization that pio- neered the
world's most widely used sustainability reporting framework
united nations global compact - (answers)voluntary initiative whereby companies embrace,
support, and enact, within their sphere of influence, a set of core values in the areas of human
rights, labor standards, the environment, and anti-corruption
你是想要一篇“眼睛容易
logistics - (answers)is the art and science of obtaining, producing, and distributing material and
阅读的”中文文章
products to the proper place and in proper quantities
third party logistics (3PL) - (answers)typically involves a buyer and supplier team who work
with a third party that provides product delivery services.
reverse logistics - (answers)the management of the complete supply chain dedicated to the
reverse flow of products and materials for the purpose of returns, repair, remanufacture, and/or
recycling
, reverse supply chain - (answers)refers to items that move from the consumer back to the
producer for repair or disposal
outsourcing - (answers)refers to the process of having suppliers provide goods and services that
were previously provided internally
financial analysis - (answers)oriented toward two major areas: (1) investment in the assets that
are required to deliver products and services and (2) management of the direct costs related to
delivering the products and services of a firm
balance sheet - (answers)a financial statement showing the resources owned, the debts owed, and
the owner's share of a company at a given point in time
current assets - (answers)an accounting classification representing the short-term resources
owned by a company, including currency on hand, accounts receivable, and inventory
accounts receivable - (answers)the value of goods shipped or services rendered to a cus- tomer
on which payment has not yet been received
inventory - (answers)the stocks or items used to support production (raw materials and work-in-
process items), supporting activities (maintenance, repair, and operating supplies), and customer
service (finished goods and spare parts)
你是想要一篇“眼睛容易
阅读的”中文文章
fixed assets - (answers)resources, such as equipment and buildings, acquired for use within a
company having an estimated useful life of one year or more
accounts payable - (answers)the value of goods and services acquired for which payment has not
yet been made
-liability
owners equity - (answers)the residual claim by the company's owners or shareholders, or both, to
the company's assets less its liabilities
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
supply chain - (answers)a global network used to deliver goods and services from raw materials
to end customers through an engineered flow of information, transformation, physical
distribution, and cash
supply chain management (SCM) - (answers)the design, planning, execution, and monitoring of
supply chain activities with there objective of creating net value, building a competitive
infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and
measuring performance globally
value stream - (answers)consists of the processes that create, produce, and deliver a good or
service to the market
service industry - (answers)an organization that provides an intangible product. in a broad sense
all organizations except farming, mining, and manufacturing are service industries
buyer/planner - (answers)a material buyer who also does material planning. job manages
material acquisition, assists in material requirements planning, supplier relationship
management, product lifecycle and service design, and other activities related to acquiring
resources for a firm 你是想要一篇“眼睛容易
阅读的”中文文章
distribution and logistics manager - (answers)responsible for overseeing the flow of goods and
related information in the supply chain; coordinates supply chain processes that involve
suppliers, manufactures, retailers, and consumers
master scheduling manager - (answers)responsible for managing, establishing, reviewing, and
maintaining a master schedule of the need for select items
,materials manager - (answers)supports the complete cycle of material flow, from the purchase
and tracking of raw material, tracking of work in process, to the tracking of the finished product,
ensuring the material is available to satisfy the demand of customers
supply chain manager - (answers)responsible for support of the global network that delivers
products and services across the entire supply chain, from raw materials to end customers
order winners - (answers)the competitive characteristics that cause a firms customers to choose
that firms goods and services over those of its competitors
-competitive advantages for the firm (ex: price, quality, flexibility, design)
order qualifiers - (answers)the competitive characteristics that a firm must exhibit to be a viable
competitor in the marketplace
order losers - (answers)the capabilities of an organization in which poor performance can cause
loss of business
integrated resource management - (answers)the consistent planning and validation of all
organizational resources; involves effective identification, planning, scheduling, execution, and
control of all organizational resources to produce a good or service that provides customer
satisfaction and supports the organizations competitive edge and organizational goals
supply chain risk - (answers)recognizes that decisions and activities related to designing and
你是想要一篇“眼睛容易
operating a supply chain have outcomes that can negatively affect information and good flows
阅读的”中文文章
within a supply chain
ISO 31000- risk management principles and guidelines - (answers)a standard that outlines
principles and a set of guidelines to manage risk in any endeavor; includes guidelines for
understanding risk, developing a risk management policy, integrating risk management into
organizational processes, and establishing internal and external risk communication processes
sustainability - (answers)three-pronged objective in supply chain activities; fundamental that all
activities should provide benefit today without compromising the needs of future generations
,-financial performance
-environmental impact
-social responsibility
social responsibility - (answers)a firms employee welfare and public policy activities
ISO 14000- environmental management systems - (answers)series of generic envi- ronmental
management standards developed by the ISO, which provide struc- ture and systems for
managing environmental compliance with legislative and regulatory requirements and affect
every aspect of a company's environmental operations
ISO 26000- guidance for social responsibility - (answers)international standard adopted by the
ISO to assist organizations in contributing to sustainable devel- opment beyond legal compliance
through a common understanding of social responsibility
global reporting initiative (GRI) - (answers)network-based organization that pio- neered the
world's most widely used sustainability reporting framework
united nations global compact - (answers)voluntary initiative whereby companies embrace,
support, and enact, within their sphere of influence, a set of core values in the areas of human
rights, labor standards, the environment, and anti-corruption
你是想要一篇“眼睛容易
logistics - (answers)is the art and science of obtaining, producing, and distributing material and
阅读的”中文文章
products to the proper place and in proper quantities
third party logistics (3PL) - (answers)typically involves a buyer and supplier team who work
with a third party that provides product delivery services.
reverse logistics - (answers)the management of the complete supply chain dedicated to the
reverse flow of products and materials for the purpose of returns, repair, remanufacture, and/or
recycling
, reverse supply chain - (answers)refers to items that move from the consumer back to the
producer for repair or disposal
outsourcing - (answers)refers to the process of having suppliers provide goods and services that
were previously provided internally
financial analysis - (answers)oriented toward two major areas: (1) investment in the assets that
are required to deliver products and services and (2) management of the direct costs related to
delivering the products and services of a firm
balance sheet - (answers)a financial statement showing the resources owned, the debts owed, and
the owner's share of a company at a given point in time
current assets - (answers)an accounting classification representing the short-term resources
owned by a company, including currency on hand, accounts receivable, and inventory
accounts receivable - (answers)the value of goods shipped or services rendered to a cus- tomer
on which payment has not yet been received
inventory - (answers)the stocks or items used to support production (raw materials and work-in-
process items), supporting activities (maintenance, repair, and operating supplies), and customer
service (finished goods and spare parts)
你是想要一篇“眼睛容易
阅读的”中文文章
fixed assets - (answers)resources, such as equipment and buildings, acquired for use within a
company having an estimated useful life of one year or more
accounts payable - (answers)the value of goods and services acquired for which payment has not
yet been made
-liability
owners equity - (answers)the residual claim by the company's owners or shareholders, or both, to
the company's assets less its liabilities
