Exam 1: Introduction to Supply Chain and Operations Management

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List and discuss the primary flows in a supply chain.

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Operations management is cooperation between different firms to create value for customers.

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The accounting function in any firm performs a key value-added activity.

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________ means effectively managing core processes that affect the customer,which is one of the Four I's of SC&O management.

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Discuss the Integrative model for Supply Chain and Operations (SC&O)Management.What are the key components of the model? How is strategic integration achieved across these elements?

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________ is the sale of the same product with another trademark in different countries.

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The administration of transformation processes that create value for customers by meeting their needs or enabling them to meet their own needs is known as

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Information flows in a supply chain are always bidirectional.

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Improving,which is one of the Four I's of SC&O management,is a single initiative which can have a dramatic effect on business results.

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The cooperation between different firms to create value for customers is known as

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Product flows in a supply chain could sometimes be bidirectional.

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The proactive management of resources in an effort to be environmentally friendly is called

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Choosing the right suppliers so that finished products can be produced of right quality and specifications is part of the Impacting element of the Four I's of SC&O management.

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In the integrative SC&O management model,the operating core is where transformation of materials to finished goods takes place.

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________ are experts in designing,managing,and improving processes that lead to customer satisfaction and delight.

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________ emphasizes the linkages between firms that tie operations together with the goal of satisfying customers.

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________ proposes new products,performs market studies,and manages sales.

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In a supply chain for paper products,farmers that harvest fiber and wood chips are known as downstream members of the supply chain.

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The country with the highest index score in the year 2013 for Global Manufacturing Competitiveness was

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In today's economy,supply chains compete against other ________.

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