1
BCOR 360 FINAL EXAM (NEWEST EXAM 2025) | ALL
QUESTIONS AND CORRECT ANSWERS | ALREADY
GRADED A+ | LATEST EXAM 2025 | VERIFIED
ANSWERS | JUST RELEASED
supply chain - (ANSWER)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) - (ANSWER)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 - (ANSWER)consists of the processes that create, produce, and
deliver a good or service to the market
service industry - (ANSWER)an organization that provides an intangible product.
in a broad sense all organizations except farming, mining, and manufacturing are
service industries
buyer/planner - (ANSWER)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
, 2
distribution and logistics manager - (ANSWER)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 - (ANSWER)responsible for managing, establishing,
reviewing, and maintaining a master schedule of the need for select items
materials manager - (ANSWER)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 - (ANSWER)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 - (ANSWER)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 - (ANSWER)the competitive characteristics that a firm must
exhibit to be a viable competitor in the marketplace
order losers - (ANSWER)the capabilities of an organization in which poor
performance can cause loss of business
, 3
integrated resource management - (ANSWER)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 - (ANSWER)recognizes that decisions and activities related to
designing and operating a supply chain have outcomes that can negatively affect
information and good flows within a supply chain
ISO 31000- risk management principles and guidelines - (ANSWER)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 - (ANSWER)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 - (ANSWER)a firms employee welfare and public policy
activities
, 4
ISO 14000- environmental management systems - (ANSWER)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 - (ANSWER)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) - (ANSWER)network-based organization that pio-
neered the world's most widely used sustainability reporting framework
united nations global compact - (ANSWER)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
logistics - (ANSWER)is the art and science of obtaining, producing, and
distributing material and products to the proper place and in proper quantities
third party logistics (3PL) - (ANSWER)typically involves a buyer and supplier team
who work with a third party that provides product delivery services.
BCOR 360 FINAL EXAM (NEWEST EXAM 2025) | ALL
QUESTIONS AND CORRECT ANSWERS | ALREADY
GRADED A+ | LATEST EXAM 2025 | VERIFIED
ANSWERS | JUST RELEASED
supply chain - (ANSWER)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) - (ANSWER)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 - (ANSWER)consists of the processes that create, produce, and
deliver a good or service to the market
service industry - (ANSWER)an organization that provides an intangible product.
in a broad sense all organizations except farming, mining, and manufacturing are
service industries
buyer/planner - (ANSWER)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
, 2
distribution and logistics manager - (ANSWER)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 - (ANSWER)responsible for managing, establishing,
reviewing, and maintaining a master schedule of the need for select items
materials manager - (ANSWER)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 - (ANSWER)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 - (ANSWER)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 - (ANSWER)the competitive characteristics that a firm must
exhibit to be a viable competitor in the marketplace
order losers - (ANSWER)the capabilities of an organization in which poor
performance can cause loss of business
, 3
integrated resource management - (ANSWER)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 - (ANSWER)recognizes that decisions and activities related to
designing and operating a supply chain have outcomes that can negatively affect
information and good flows within a supply chain
ISO 31000- risk management principles and guidelines - (ANSWER)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 - (ANSWER)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 - (ANSWER)a firms employee welfare and public policy
activities
, 4
ISO 14000- environmental management systems - (ANSWER)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 - (ANSWER)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) - (ANSWER)network-based organization that pio-
neered the world's most widely used sustainability reporting framework
united nations global compact - (ANSWER)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
logistics - (ANSWER)is the art and science of obtaining, producing, and
distributing material and products to the proper place and in proper quantities
third party logistics (3PL) - (ANSWER)typically involves a buyer and supplier team
who work with a third party that provides product delivery services.
