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buad331 Questions with Detailed Verified
Answers
The three classifications of supply chain value desired by customers are:
Ans: Form, time, and place
The optimal way for supply chains management to contribute to competitive
advantage is through:
Ans: Being the leader in both cost and form/time/place value creation
Which function of the supply chain is considered to be the most "downstream"?
Ans: Returns management
Fiji bottled water emphasizes its unique source as an example of which value utility?
Ans: Place
Which of the following best describes supply chain digitalization?
Ans: The ability to structure and exchange massive amounts of data, to make sense of
that data to drive decisions, and even to apply data to deliver products or services
Amazon creates value by providing enhanced levels of which of the following utilities?
Ans: Time and Place
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Which of the following organizations competes on exchange value by providing low
prices for products?
Ans: Walmart
Which function of the supply chain is considered to be the most "upstream"?
Ans: The identification, acquisition, and management of the goods and services inputs
needed to run a business
Supply Chain management contributes to financial performance through:
Ans: Growing top line revenue, reducing costs, and improving asset turnover
Supply chain management contributes to reduced environmental impact in all of the
following ways EXCEPT:
Ans: Sourcing from global areas to increase transportation miles
What kinds of things can Kai and Thea do to create greater form, time, and place
value for their customers?
Ans: Both expanding the range of product offerings and offering a line of customized
equipment via a direct-to-consumer model.
Which of the following is NOT a component of KT's Wicked Dive Shop supply chain?
Ans: Competitors, such as the "big box" scuba and dive center which has recently
opened
Based on the case prompt, what is one way that Kai and Thea can create customer
value?
© Get it right 2025 Getaway - Stuvia US All rights reserved
buad331 Questions with Detailed Verified
Answers
The three classifications of supply chain value desired by customers are:
Ans: Form, time, and place
The optimal way for supply chains management to contribute to competitive
advantage is through:
Ans: Being the leader in both cost and form/time/place value creation
Which function of the supply chain is considered to be the most "downstream"?
Ans: Returns management
Fiji bottled water emphasizes its unique source as an example of which value utility?
Ans: Place
Which of the following best describes supply chain digitalization?
Ans: The ability to structure and exchange massive amounts of data, to make sense of
that data to drive decisions, and even to apply data to deliver products or services
Amazon creates value by providing enhanced levels of which of the following utilities?
Ans: Time and Place
© Get it right 2025 Getaway - Stuvia US All rights reserved
, Click here for more: Scholars nexus
Which of the following organizations competes on exchange value by providing low
prices for products?
Ans: Walmart
Which function of the supply chain is considered to be the most "upstream"?
Ans: The identification, acquisition, and management of the goods and services inputs
needed to run a business
Supply Chain management contributes to financial performance through:
Ans: Growing top line revenue, reducing costs, and improving asset turnover
Supply chain management contributes to reduced environmental impact in all of the
following ways EXCEPT:
Ans: Sourcing from global areas to increase transportation miles
What kinds of things can Kai and Thea do to create greater form, time, and place
value for their customers?
Ans: Both expanding the range of product offerings and offering a line of customized
equipment via a direct-to-consumer model.
Which of the following is NOT a component of KT's Wicked Dive Shop supply chain?
Ans: Competitors, such as the "big box" scuba and dive center which has recently
opened
Based on the case prompt, what is one way that Kai and Thea can create customer
value?
© Get it right 2025 Getaway - Stuvia US All rights reserved
