BUAD 331 EXAM 1 | COMPREHENSIVE EXAM WITH
OVER 70+ ACTUAL QUESTIONS WITH THEIR
CORRECT ANSWERS. GRADED A+
Supply Chain Management refers to:
A. The comprehensive management of networks of suppliers
B. The meaningful integration of service with customer fulfillment
C. The collaboration between operations and suppliers
D. The management of up and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole
E. The procurement, movement, and storage of product and information flows through the organization
to maximize profit through cost-effective order fulfillment
d. The management of up and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole
How does Zara use its supply chain capabilities to generate competitive advantage?
A. Stocking clothing far in advance of sales to ensure in-stock availability.
B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers.
C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions.
D. Cycling seasonal clothinterm-0g trends using long-term predictions of demand to lower costs for
customers.
C.Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions.
How does supply chain management create value?
,A. Form, time, place, exchange
B. Product, price, place, promotion
C. Cost, asset, capacity, integration
D. Responsiveness, productivity, reliability, delivery
A.Form, time, place, exchange
The "Great Divide" in supply chain management occurs between:
A. suppliers and manufacturers
B. demand-generating activities and demand-fulfilling activities
C. sales and marketing activities
D. organizations and their customers
B.demand-generating activities and demand-fulfilling activities
What megatrend will greatly challenge supply chain managers?
A.Disruptive technology
B.Talent/skills requirements
C.Social changes
D.All of the above
E.None of the above
D.All of the above
Supply chain management refers to a relatively new business phenomenon:
,A. The comprehensive management of a networks of suppliers.
B. The meaningful integration of service with customer fulfillment.
C. The collaboration between operations and suppliers.
D. The management of upstream and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole.
E. The procurement, movement, and storage of product and information flows through the organization
to maximize profit through cost-effective order fulfillment.
D.The management of upstream and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole.
Which of the following is not an element of the integrated supply chain for General Mills' Honey Nut
Cheerios?
A.Dairy cow farmers
B.Oat farmers in Iowa
C.Union Pacific railroad that moves oats to distributors
D.General Mills manufacturing plants
E.Ted, who eats Honey Nut Cheerios every morning
A.Dairy cow farmers
A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is
one initiative that could be planned and implemented to achieve this goal?
A.Increase sales calls to all existing customers.
B.Increase capacity utilization to gain economies of scale.
C.Award larger employee bonuses to encourage more emphasis on selling.
D.Offer customized services to key customers.
, E.Own every step of the supply chain instead of relying on external customers.
D.Offer customized services to key customers.
Which economic utilities are associated with supply chain management?
A.Form, Time and Place
B.Exchange, Time and Place
C.Exchange, Time and Place
D.Form, Exchange and Time
E.Exchange, Time and Value
A.Form, Time and Place
Which economic reason is NOT a reason for students to buy textbooks on Amazon.com?
A.Form
B.Time
C.Place
D.Exchange
A.Form
Supply chain management:
A. emphasizes optimized advertising and promotion across the organization.
B. requires a high level of corporate input in inventory management and production scheduling
decisions.
OVER 70+ ACTUAL QUESTIONS WITH THEIR
CORRECT ANSWERS. GRADED A+
Supply Chain Management refers to:
A. The comprehensive management of networks of suppliers
B. The meaningful integration of service with customer fulfillment
C. The collaboration between operations and suppliers
D. The management of up and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole
E. The procurement, movement, and storage of product and information flows through the organization
to maximize profit through cost-effective order fulfillment
d. The management of up and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole
How does Zara use its supply chain capabilities to generate competitive advantage?
A. Stocking clothing far in advance of sales to ensure in-stock availability.
B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers.
C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions.
D. Cycling seasonal clothinterm-0g trends using long-term predictions of demand to lower costs for
customers.
C.Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions.
How does supply chain management create value?
,A. Form, time, place, exchange
B. Product, price, place, promotion
C. Cost, asset, capacity, integration
D. Responsiveness, productivity, reliability, delivery
A.Form, time, place, exchange
The "Great Divide" in supply chain management occurs between:
A. suppliers and manufacturers
B. demand-generating activities and demand-fulfilling activities
C. sales and marketing activities
D. organizations and their customers
B.demand-generating activities and demand-fulfilling activities
What megatrend will greatly challenge supply chain managers?
A.Disruptive technology
B.Talent/skills requirements
C.Social changes
D.All of the above
E.None of the above
D.All of the above
Supply chain management refers to a relatively new business phenomenon:
,A. The comprehensive management of a networks of suppliers.
B. The meaningful integration of service with customer fulfillment.
C. The collaboration between operations and suppliers.
D. The management of upstream and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole.
E. The procurement, movement, and storage of product and information flows through the organization
to maximize profit through cost-effective order fulfillment.
D.The management of upstream and downstream relationships with suppliers and customers to deliver
superior customer value at less cost to the supply chain as a whole.
Which of the following is not an element of the integrated supply chain for General Mills' Honey Nut
Cheerios?
A.Dairy cow farmers
B.Oat farmers in Iowa
C.Union Pacific railroad that moves oats to distributors
D.General Mills manufacturing plants
E.Ted, who eats Honey Nut Cheerios every morning
A.Dairy cow farmers
A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is
one initiative that could be planned and implemented to achieve this goal?
A.Increase sales calls to all existing customers.
B.Increase capacity utilization to gain economies of scale.
C.Award larger employee bonuses to encourage more emphasis on selling.
D.Offer customized services to key customers.
, E.Own every step of the supply chain instead of relying on external customers.
D.Offer customized services to key customers.
Which economic utilities are associated with supply chain management?
A.Form, Time and Place
B.Exchange, Time and Place
C.Exchange, Time and Place
D.Form, Exchange and Time
E.Exchange, Time and Value
A.Form, Time and Place
Which economic reason is NOT a reason for students to buy textbooks on Amazon.com?
A.Form
B.Time
C.Place
D.Exchange
A.Form
Supply chain management:
A. emphasizes optimized advertising and promotion across the organization.
B. requires a high level of corporate input in inventory management and production scheduling
decisions.
