BUSAD 250 Study Guide - Midterm Guide: Business Analytics, Material Requirements Planning, Consumerism

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The second exam will be given in class on thursday, april 7th. The test will consist of 50 multiple choice questions drawn from the chapters and topics listed below. Please remember to bring a # 2 pencil to complete your answer sheet. Identify the benefits of creating value webs: speed. Wider access to range of talent and technology. Opportunity to excel at what the company does best. More rapid innovation: explain the purpose and strategic importance of supply chain management, focus on getting the right materials to the right place at the right time at the right price for successful production, strategic value of scm. Identify the activities associated with effective supply chain management: procurement (purchasing) Identify the unique challenges of providing services: perishability, location constraints, scalability challenges and opportunities, performance variability and perceptions of quality, customer involvement and provider interaction. Stay focused: what are the causes and solutions for team conflict, solutions to team conflict.