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MIDTERM+EXAM+++MKT+636++SUPPLY+CHAIN

MIDTERM+EXAM+++MKT+636++SUPPLY+CHAIN - 1 M I D T E R M EXA...

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1 MIDTERM EXAM MKT 636 SUPPLY CHAIN (Write answers after “Answer:” T/F = 2, MC = 3. Essay = 9. Feel free to explain your answers if you are unsure. OPEN BOOK!!!) 1. Every organization has an operations function. Answer: 2. Most organizations function as part of a larger supply chain. Answer: 3. The supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user. Answer: 4. Of the three flows linking organizations in a supply chain, information and monetary flows always move upstream and physical flows always move downstream. Answer: 5. Which of the following is NOT a flow typically found in a supply chain? a. physical b. information c. monetary d. risk Answer: 6. Which of the following is primarily a supply chain management decision? 7. Which of the following is NOT a trend in operations management? 8. In general, core competencies make excellent strategies.
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2 9. Which of these is NOT one of the primary objectives of an operations and supply chain strategy?
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