Buad Study guides, Class notes & Summaries

BUAD 342 Exam 1 with Certified Solutions For-profit organizations organizations strive to generate a profit (revenue in excess of expenses). These profits can be reinvested into the company or distributed to owners and/or shareholders. take several legal forms such as unincorporated (sole proprietorships or partnerships), corporations (C Corporations and S Corporations) and limited liability companies (LLC). Not for Profit organizations organizations strive to provide particular s...

BUAD 331 Exam 3 Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - correct answer A. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from...

BUAD 342 Questions and Answers Already Passed In the Procure to Pay business process, the company is playing the role of the ________________? A) Vendor B) Supplier C) Customer D) Manufacturer E) Both A and B C) Customer Which of these is not an information processing step as learned in this class? A) Record Data B) Report Information C) Maintain Data D) Analyze Data E) None of these are information processing steps. D) Analyze Data Which of the following source document d...

BUAD 331 Exam 2 Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False - correct answer B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources - correct answer B. Customers When purchasing and supply management works well within an organization, the company acqu...

SNHU BUAD FINAL EXAM STUDY GUIDE Latest 2024 Solution Southern New Hampshire University.

BUAD 331 EXAM 1 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% SOLVED. Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole E. The procurement, movement, and storage...

BUAD 331Name the major challenges of global supply chain management - correct answer Coordination w/ global partner Cost Pressure Local and regional preferences Risk Raw material scarcity Complex governmental rules and regulations Environment and sustainability What dimension of the country assessment framework involves the strength of supply chain support business in the region? A. Competency B. Economy C. Politics D. Infrastructure - correct answer A. Competency Supply chain ...

BUAD 331 Exam 2 Questions and Answers Already Passed Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources B. Customers When purchasing and supply management works well within an organization, the com...

BUAD 331 Exam 1 Questions and Answers Already Passed Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole E. The procurement, movement, and storage of product and inform...

BUAD 331 Final Exam Questions and Answers 100% Pass Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above all of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) D...