Supply chain relations Samenvattingen, Aantekeningen en Examens

Purdue MGMT 323 Exam 3 Ch. 15-18 100% Pass Marketing Channel Management refers to a set of approaches and techniques firms employ to efficiently and effectively integrate their suppliers Supply Chain Management Another term for Marketing Channel Management Wholesalers firms that buy products from manufacturers and resell them to retailers; retailers sell products directly to consumers Virtual Marketing Program promotional strategy that encourages people to pass along a marketing message to ot...

B. profits In the us, economy, _____ are considered the reward for the risk of entering business. A. revenues B. profits C. sales D. generated income amounts D. natural resources, human resources, capital The factors of production in an economic system are: A. land, rent, capital, human resources B. captial, perserverance, human resources, natural resources C. rent, wages, interest, profit D. natural resources, human resources, capital Brainpower 0:04 / 0:15 B. False ...

CHAPTER 1 INTRODUCTION TO PURCHASING AND SUPPLY CHAIN MANAGEMENT  Understand the differences between purchasing and supply management  Understand the differences between supply chains and value chains  Identify the activities that are part of supply chain management  Appreciate the importance of supply chain enablers  Identify the historical stages of purchasing’s evolution Re-shoring involves bringing some sourcing back to the United States, while near-shoring involves ...

OPMA 317 – Midterm Latest Update with Verified Solutions Process flow chart a diagram outlining the process from start to finish to compete a target goals, shows precedents, tasks, and time Processing time time to produce an order Throughput time the total timer required to complete a process How does knowing capacity help (3) customer order promising (don't over promise), pricing/profit per unit (need to satisfy a return), inventory supplies (track required raw materials for operation) B...

WGU C724 Practice Test A department mines the prior year's data to determine if there are patterns related to absenteeism on a month-by-month basis. Which department (i.e. business function) benefits from this technology? Correct answer- Human Resources A department utilizes data mining to analyze the best means of organizing their manufacturing facility to achieve operational excellence. Which department (i.e. business function) benefits from this technology? Correct answer- Productions/Op...

Supply chain visibility is the ability to view all areas up and down the supply chain. Changing the supply chains requires a comprehensive strategy buoyed by information technology. bullwhip effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain Demand planning software generates demand forecast using statistical tools and forecasting techniques Supply chain planning software uses advanced mathematical algor...

What activity is prohibited by the National Labor Relations Act (NLRA)? - correct answerEmployer domination of unions A consultant reports that a company can increase revenue by following a quality-oriented strategy. What would be a good first step towards implementing this strategy? - correct answerGain management commitment to necessary investments and changes What is the relationship between diversity and inclusion? - correct answerInclusion enables an organization to leverage the strat...

WGU D080 OA Questions With Complete Solutions (Graded A+ 2023/2024) What is globalization? - Answer as international integration arising from the exchange of world views, products, ideas, and other aspects of culture. What is Culture Globalization? - Answer refers to the transmission of ideas, meanings, and values around the world in such a way that extends and intensifies social relations. What is Political Globalization? - Answer Refers to the emergence of an increasing number of global ...

STRATEGIC SOURCING MNP3701 2 Index Page # CHAPTER 1 : INTRODUCTION TO PURCHASING AND SUPPLY CHAIN MANAGEMENT ...........................................................8 Building Relationships And Driving Innovation .........................................................................................................8 Improving Quality And Reputation .....................................................................................................................8 Reducing Time To M...

Test Bank for Marketing Management 15th Edition by Keller & Kotler Complete All Chapters. What is the traditional view of marketing? A) Firms should just focus on production because if the products are good then they will automatically sell. B) Firms should just focus on production and selling because marketing occurs as a part of the selling process. C) Firms should have a proper marketing team that can increase consumers' awareness of their products and rouse their interest in them. D)...