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:
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: