Exam 1: Introduction to Supply Chain and Operations Management

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In the integrative SC&O management model,downstream collaboration involves working with and collaborating with suppliers.

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The process steps that enhance products in a way that makes them more valuable to customers is known are ________.

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value-added activities

Monetary flows in a supply chain are always bidirectional.

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Henry Ford pioneered the use of mass production and standardization.

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The recent development where Apple announced that it was moving production of some Mac computers to the United States from China can be described as

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In a supply chain for paper products,wholesalers and retailers are ________ to the pulp and paper mills.

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The sale of the same product with another trademark in different countries is known as

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________ is change on a larger scale that has a dramatic effect on business results,and which is also one of the Four I's of SC&O management.

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A key part of a firm's value chain is collaboration with and management of the key suppliers.

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Supplier management is an activity which would fall within the domain of

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In the integrative SC&O management model,upstream collaboration involves customer relationship management.

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What is supply chain management? How is it different from operations management? How do they come together do create value for a business?

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The function in any business that is responsible for managing and investing the resources of the firm is

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________ is cooperation between different firms to create value for customers.

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Which primary supply chain flow is always bidirectional?

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Discuss the Four I's of SC&O management and how they impact the competitiveness of a firm and a supply chain.

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Supply chain and operations (SC&O)emphasizes the linkages between firms that tie operations together with the goal of satisfying customers.

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The mechanism that U.S.corporation can use to allow foreign firms to sell in restricted markets while using the original design is

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The act of monitoring a process for its efficacy,a process that includes dimensions such as cost,timeliness,or quality is known as

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________ is the administration of transformation processes that create value for customers by meeting their needs or enabling them to meet their own needs.

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