GSCM 201 Midterm BYU Exam Questions
With Correct Answers
Supply Chain Management - CORRECT ANSWER✔✔-Cooperation
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between different firms to create value for customers.
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Operations Management - CORRECT ANSWER✔✔-the administration of
| | | | | | |
transformation processes that create value for customers by meeting
| | | | | | | | |
their needs or enabling them to meet their own needs.
| | | | | | | | |
Supply Chain Management and Operations - CORRECT ANSWER✔✔-
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combining these terms to make supply chain and operations
| | | | | | | | |
emphasizes the linkages between firms that tie operations together
| | | | | | | | |
with the goal of satisfying customers.
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Sourcing - CORRECT ANSWER✔✔-selection of suppliers that will deliver
| | | | | | | | |
the goods and services needed to create the firm's product
| | | | | | | | |
Near-sourcing - CORRECT ANSWER✔✔-Moving production
| | | | |
geographically closer to where products are sold
| | | | | |
, Outsourcing - CORRECT ANSWER✔✔-the process of hiring another
| | | | | | | |
organization to perform a service | | | |
Process Design - CORRECT ANSWER✔✔-Configuring inputs and
| | | | | | |
resources in a way that provides value, enhances quality, and is
| | | | | | | | | | |
productive
Process Management - CORRECT ANSWER✔✔-The act of executing and
| | | | | | | | |
controlling the productive functions of a firm
| | | | | |
Process Control - CORRECT ANSWER✔✔-monitoring a process for its
| | | | | | | | |
efficacy, a process that includes dimensions such as cost, timeliness, or
| | | | | | | | | | |
quality
Process Improvement - CORRECT ANSWER✔✔-A proactive effort to
| | | | | | | |
enhance process performance. often comes from customer needs or
| | | | | | | | |
competitive pressures |
Primary flows of a supply chain - CORRECT ANSWER✔✔-product flows,
| | | | | | | | | |
monetary flows, and information flows
| | | |
service supply chain management - CORRECT ANSWER✔✔-supply chain
| | | | | | |
management in a service setting based on customer created variation.
| | | | | | | | | | |
Makes it very difficult to manage.
| | | | |
With Correct Answers
Supply Chain Management - CORRECT ANSWER✔✔-Cooperation
| | | | | |
between different firms to create value for customers.
| | | | | | |
Operations Management - CORRECT ANSWER✔✔-the administration of
| | | | | | |
transformation processes that create value for customers by meeting
| | | | | | | | |
their needs or enabling them to meet their own needs.
| | | | | | | | |
Supply Chain Management and Operations - CORRECT ANSWER✔✔-
| | | | | | |
combining these terms to make supply chain and operations
| | | | | | | | |
emphasizes the linkages between firms that tie operations together
| | | | | | | | |
with the goal of satisfying customers.
| | | | |
Sourcing - CORRECT ANSWER✔✔-selection of suppliers that will deliver
| | | | | | | | |
the goods and services needed to create the firm's product
| | | | | | | | |
Near-sourcing - CORRECT ANSWER✔✔-Moving production
| | | | |
geographically closer to where products are sold
| | | | | |
, Outsourcing - CORRECT ANSWER✔✔-the process of hiring another
| | | | | | | |
organization to perform a service | | | |
Process Design - CORRECT ANSWER✔✔-Configuring inputs and
| | | | | | |
resources in a way that provides value, enhances quality, and is
| | | | | | | | | | |
productive
Process Management - CORRECT ANSWER✔✔-The act of executing and
| | | | | | | | |
controlling the productive functions of a firm
| | | | | |
Process Control - CORRECT ANSWER✔✔-monitoring a process for its
| | | | | | | | |
efficacy, a process that includes dimensions such as cost, timeliness, or
| | | | | | | | | | |
quality
Process Improvement - CORRECT ANSWER✔✔-A proactive effort to
| | | | | | | |
enhance process performance. often comes from customer needs or
| | | | | | | | |
competitive pressures |
Primary flows of a supply chain - CORRECT ANSWER✔✔-product flows,
| | | | | | | | | |
monetary flows, and information flows
| | | |
service supply chain management - CORRECT ANSWER✔✔-supply chain
| | | | | | |
management in a service setting based on customer created variation.
| | | | | | | | | | |
Makes it very difficult to manage.
| | | | |
