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ISOM 351: Quiz 3 Exam Questions and Answers 100% PASS

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ISOM 351: Quiz 3 Exam Questions and Answers 100% PASS

Institution
ISOM 351
Course
ISOM 351

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ISOM 351: Quiz 3 Exam Questions
and Answers 100% PASS

Unit 3: - CORRECT ANSWER-Aligning partner decision to Customer

Expectations; Supply Chain

Unit 3 primary theme: - CORRECT ANSWER-to explain the role of partners

(leveraging key partnerships) in executing a firm's operating model

Key partners: - CORRECT ANSWER-critical external entities needed to deliver

value to the customer

Partner relationships: - CORRECT ANSWER-1) Partners directly related to

creation/delivery of p/s (channel partners, co-branding partners, co-design)

2) Enabling relationships (regulatory, unions, tarde associations)

To manage key partners, address these questions: (Association supply chain

management) - CORRECT ANSWER-1) who is the owner? Who makes the

decisions?

Supply chain Management: - CORRECT ANSWER-the flow of materials,

products, information, and services from the primary source to the final user

, Supply chain management focuses on... - CORRECT ANSWER-the suppliers

piece of key partners

-Which suppliers are strategic? (areas of collaboration, nature of relationship)

Supply chain management entails: - CORRECT ANSWER-developing supply

chain strategies

Supply chain management questions to develop strategy: - CORRECT ANSWER--

what p/s are most critical to success?

-Should we do it ourselves or outsource?

-If we choose to hire someone else, do we make partners or not?

-Deploying supply chain tactic

How to most effectively implement such choices: - CORRECT ANSWER-

Operations strategy

Operations strategy links - CORRECT ANSWER-supply chain management to

customer expectations

-helps set supply chain strategy which determines supply chain tactics

Operations strategy answers: - CORRECT ANSWER-do my key activities,

resources, and partners consistently deliver value to my customer




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