WGU C201 BUSINESS ACUMEN/ACTUAL EXAM 58 QUESTIONS AND
100% COMPLETE SOLUTION/A+GRADE GUARANTEED
What is supply chain analytics? - ANSWER/The application of data analytics to supply
chain management
What is SG&A? - ANSWER/selling, general, and administrative expenses (SG&A) are
overhead expenses that keep a business running but are not directly tied to producing
goods or services.
What are (COGS) Cost of Goods Sold? - ANSWER/direct costs attributable to the
production of the goods sold by a company.
What is market cap/value? - ANSWER/current market value of all of a company's
outstanding stock shares.
Why is the easiness-to-follow an important criterion for the shuttle system? -
ANSWER/Athletes have intellectual disabilities
What is SCM Technology? - ANSWER/supply chain management (SCM) monitors and
optimizes production and distribution to enhance efficiency and value.
How does SCM (supply chain management) technology increase effiency? -
ANSWER/by coordinating various processes from raw materials to the finished product,
aims to reduce waste, maximize customer satisfaction, and secure a competitive edge.
What is a supply chain? - ANSWER/a network of companies that creates, produces,
and distributes products and services to meet customer needs.
What stages does a supply chain have? - ANSWER/raw material and components
production, assembly and packaging, distribution logistics, and retailing
What trade is U.S known for? - ANSWER/technology products
What trade is Australia known for? - ANSWER/iron ore
What trade is Japan known for? - ANSWER/cars
What trade is Russia known for? - ANSWER/crude oil
What trade is China known for? - ANSWER/many different things
What is the objective of supply chain management? - ANSWER/to match demand with
supply by producing and distributing the merchandise in the right quantities to the right
locations at the right time to increase revenue and customer satisfaction.
100% COMPLETE SOLUTION/A+GRADE GUARANTEED
What is supply chain analytics? - ANSWER/The application of data analytics to supply
chain management
What is SG&A? - ANSWER/selling, general, and administrative expenses (SG&A) are
overhead expenses that keep a business running but are not directly tied to producing
goods or services.
What are (COGS) Cost of Goods Sold? - ANSWER/direct costs attributable to the
production of the goods sold by a company.
What is market cap/value? - ANSWER/current market value of all of a company's
outstanding stock shares.
Why is the easiness-to-follow an important criterion for the shuttle system? -
ANSWER/Athletes have intellectual disabilities
What is SCM Technology? - ANSWER/supply chain management (SCM) monitors and
optimizes production and distribution to enhance efficiency and value.
How does SCM (supply chain management) technology increase effiency? -
ANSWER/by coordinating various processes from raw materials to the finished product,
aims to reduce waste, maximize customer satisfaction, and secure a competitive edge.
What is a supply chain? - ANSWER/a network of companies that creates, produces,
and distributes products and services to meet customer needs.
What stages does a supply chain have? - ANSWER/raw material and components
production, assembly and packaging, distribution logistics, and retailing
What trade is U.S known for? - ANSWER/technology products
What trade is Australia known for? - ANSWER/iron ore
What trade is Japan known for? - ANSWER/cars
What trade is Russia known for? - ANSWER/crude oil
What trade is China known for? - ANSWER/many different things
What is the objective of supply chain management? - ANSWER/to match demand with
supply by producing and distributing the merchandise in the right quantities to the right
locations at the right time to increase revenue and customer satisfaction.
