BUS 230 Week 3 Quiz

BUS 230 Week 3 Quiz | Assignment Help | Strayer University 

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Question 1

An effective supply strategy primarily focuses on linking: Question 2

Linking supply strategy to corporate strategy is:           

Question 3

Supply strategies that are based on changes in demand and supply are known as: 

Question 4

The key question in strategic supply management is:   

 

Question 5

Which one of the following is one of the six major supply strategy areas:   

 

Question 6

Strategic planning can be defined as:      

 

Question 7

Three major challenges exist when setting supply objectives and strategies:          

 

Question 8

To effectively manage supply risks, the supply manager must:                      

 

Question 9

Organizational objectives and supply objectives typically are expressed:

 

Question 10

When developing supply strategies related to “how to buy,” decisions must be made

about:

Question 11

 Supply’s contribution to the organization’s competitive position depends on its ability to:                                

 

Question 12

A change in how supply is organized and structured is the result of:

 

Question 13

Which factors have a major influence on supply’s level in the organization:                                  

Question 14

The organizational structure (centralized, decentralized, or hybrid) of the supply function:                               

 

Question 15

Organizations commit resources to cross-functional team development to:

 

Question 16

Close to 70 percent of the value of any given requirement is established when needs are recognized and described. Therefore, the following functions should work together during need recognition and description:              

 

Question 17

Supply can provide an uninterrupted flow of materials, supplies and services by: 

 

Question 18

Hybrid supply structures typically:         

 

Question 19

Specialization within the supply function:

 

Question 20

 A purchasing consortium: