BUS 370 EXAM 1 QUESTIONS WITH VERIFIED
ACCURATE ANSWERS
Which of these is NOT a flow that moves up and down the supply chain? - Answers -
procedural
Which of these statements about the transformation process is best? - Answers -
Operations are highly dependent on the quality of inputs.
Which of these is an output to a single organizations transformation process? - Answers
- fulfilled needs
"A network of manufacturers and service providers that work together to convert and
move goods from the raw materials stage through to the end user" is the definition of -
Answers - Supply chain
The planning, scheduling, and control of the activities that transforms inputs into
finished goods and services is the definition of - Answers - Operations management
The supply chain function works with finance and accounting on determining capital
investments in manufacturing plants and resource levels, such as workforce. This
supply chain activity is - Answers - Capacity planning
The supply chain function works with marketing and engineering to identify and qualify
suppliers of goods and services as well as manage on getting supplier relationships.
This supply chain activity is - Answers - Purchasing
This supply chain function works with marketing to manage the movement of physical
goods throughout the supply chain. This supply chain activity is - Answers - Logistics
The supply chain function works with marketing to develop planning numbers, such as
customer demand and availability of supply, which are needed for effective decision
making. This supply chain activity is - Answers - Forecasting
Which of these operations and supply chain management career paths works closely
with manufacturing, marketing, and purchasing to create timely, cost effective
import/export supply chains? - Answers - International logistics manager
Critical thinking - Answers - Involves purposeful and goal directed thinking used to
define and solve problems, make decisions, or form judgements related to a particular
situation or set of circumstances
Knowledge application and analysis - Answers - Is the ability to learn a concept and
apply that knowledge in another setting to achieve a higher level of understanding
ACCURATE ANSWERS
Which of these is NOT a flow that moves up and down the supply chain? - Answers -
procedural
Which of these statements about the transformation process is best? - Answers -
Operations are highly dependent on the quality of inputs.
Which of these is an output to a single organizations transformation process? - Answers
- fulfilled needs
"A network of manufacturers and service providers that work together to convert and
move goods from the raw materials stage through to the end user" is the definition of -
Answers - Supply chain
The planning, scheduling, and control of the activities that transforms inputs into
finished goods and services is the definition of - Answers - Operations management
The supply chain function works with finance and accounting on determining capital
investments in manufacturing plants and resource levels, such as workforce. This
supply chain activity is - Answers - Capacity planning
The supply chain function works with marketing and engineering to identify and qualify
suppliers of goods and services as well as manage on getting supplier relationships.
This supply chain activity is - Answers - Purchasing
This supply chain function works with marketing to manage the movement of physical
goods throughout the supply chain. This supply chain activity is - Answers - Logistics
The supply chain function works with marketing to develop planning numbers, such as
customer demand and availability of supply, which are needed for effective decision
making. This supply chain activity is - Answers - Forecasting
Which of these operations and supply chain management career paths works closely
with manufacturing, marketing, and purchasing to create timely, cost effective
import/export supply chains? - Answers - International logistics manager
Critical thinking - Answers - Involves purposeful and goal directed thinking used to
define and solve problems, make decisions, or form judgements related to a particular
situation or set of circumstances
Knowledge application and analysis - Answers - Is the ability to learn a concept and
apply that knowledge in another setting to achieve a higher level of understanding
