Question 1

Fill in the Blank(s)
-The business resource of _______refers to the physical, bricks-and-mortar assets a company uses in the value creation process.

Accepted Answer

The answer of Fill in the Blank(s)
-The business resource of...

Question 2

The terms process re-engineering and traditional restructuring are used to describe designs or changes in business processes. Explain how they are different in relationship to each other. Traditional restructuring replaces other resources with technology without changing the basic process design. Re-engineering creates processes from the beginning.
Fill in the Blank(s) (Blank Identified in RED)

Accepted Answer

The answer of The terms process re-engineering and traditional restructuring...

Question 3

Fill in the Blank(s)
-Meeting customer expectations requires a shift from a _______ organization to a _______ orientation.

Accepted Answer

The answer of Fill in the Blank(s)
-Meeting customer expectations requires...

Question 4

Total cost of ownership is cited as an effective performance measurement of supply chain effectiveness. Unit price, brokerage costs, and damage in transit are just a few of them. Outline as least six (6) additional supply chain global operational costs cited in the text and define each.

Accepted Answer

The answer of Total cost of ownership is cited as...

Question 5

Fill in the Blank(s)
-_______identifies individual activities, their specific roles, the people involved, and critical performance dimensions such as time taken by each step of a process and can be used to make the process visible so that it can be redesigned.

Accepted Answer

The answer of Fill in the Blank(s)
-_______identifies individual activities, their...

Question 6

Fill in the Blank(s)
-The requirements for systems thinking are (a) a holistic view of the system, (b) access to accurate information,(c)______________ (d) supportive measurement, and (e) rigorous systems analysis.

Accepted Answer

The answer of Fill in the Blank(s)
-The requirements for systems...

Question 7

Fill in the Blank(s)
-Systems analysis consists of the following steps: (a) establish a core goal, (b) define the system_______ , (c) determine interrelationships, (d) define information requirements, (e) perform trade-off analysis, and (f) evaluate system constraints.

Accepted Answer

The answer of Fill in the Blank(s)
-Systems analysis consists of...

Question 8

Fill in the Blank(s)
-A most common approach to building a borderless culture in support of systems thinking is_______ and inter-organizational teaming.

Accepted Answer

The answer of Fill in the Blank(s)
-A most common approach...

Question 9

Fill in the Blank(s)
-The______________ can only be assessed by evaluating the costs associated with purchasing, transporting, using, warranting, and disposing of the item.

Accepted Answer

The answer of Fill in the Blank(s)
-The______________ can only be...

Question 10

Fill in the Blank(s)
-Michael Porter, professor at Harvard Business School and leading authority on competitive strategy and international competitiveness cites two strategies that should be considered when developing the overall business strategy: ______________and differentiation.

Accepted Answer

The answer of Fill in the Blank(s)
-Michael Porter, professor at...

Question 11

Fill in the Blank(s)
-To cultivate systems thinking and promote organizational transformation, managers need to recognize and understand the five requirements for managing a company or a supply chain as a system. They are holistic view,_______ , cross-functional teamwork, performance measurement, and system analysis.

Accepted Answer

The answer of Fill in the Blank(s)
-To cultivate systems thinking...

Question 12

Fill in the Blank(s)
-A _______view of the company links systems thinking to strategy so that all of the company's functional and resource decisions are consistently focused on achieving the company's most important objectives.

Accepted Answer

The answer of Fill in the Blank(s)
-A _______view of the...

Question 13

Fill in the Blank(s)
-Regarding the management of business resources, there are four resources as part of its own value-added system or as part of the larger supply chain. These resources are people,_______ , materials, and infrastructure.

Accepted Answer

The answer of Fill in the Blank(s)
-Regarding the management of...

Question 14

Fill in the Blank(s)
-Firms typically organize their businesses by function. This method of organization typically_______ process thinking.

Accepted Answer

The answer of Fill in the Blank(s)
-Firms typically organize their...

Question 15

Fill in the Blank(s)
-_______thinking" is the holistic process of considering both the immediate local outcomes and the longer-term systems-wide ramifications of decisions.

Accepted Answer

The answer of Fill in the Blank(s)
-_______thinking" is the holistic...

Question 16

Fill in the Blank(s)
-Traditional organization structures typically drive _______thinking-managers begin to see the world from a narrow, functional perspective, acting as if their function were the company.

Accepted Answer

The answer of Fill in the Blank(s)
-Traditional organization structures typically...

Question 17

Fill in the Blank(s)
-_______describes the radical redesign of business processes made possible by systems thinking and improved information technology.

Accepted Answer

The answer of Fill in the Blank(s)
-_______describes the radical redesign...

Question 18

Fill in the Blank(s)
-A______________ is a capability of the company that is so good at that it provides the company a competitive advantage.

Accepted Answer

The answer of Fill in the Blank(s)
-A______________ is a capability...

Question 19

Michael Porter, professor at Harvard Business School and leading authority on competitive strategy and international competitiveness cites two strategies that should be considered when developing the overall business strategy: cost leadership and differentiation. Please explain these terms in the context of a business strategy.

Accepted Answer

The answer of Michael Porter, professor at Harvard Business School...

Question 20

Fill in the Blank(s)
-There are three distinct flows and value-added activities that define every process: an_______ flow, a physical flow, and a financial flow.

Accepted Answer

The answer of Fill in the Blank(s)
-There are three distinct...

Quiz 3: Process Thinking: Scms Foundation

Fill in the Blank(s) -The business resource of _______refers to the physical, bricks-and-mortar assets a company uses in the value creation process.

Fill in the Blank(s) -Meeting customer expectations requires a shift from a _ organization to a _ orientation.

Total cost of ownership is cited as an effective performance measurement of supply chain effectiveness. Unit price, brokerage costs, and damage in transit are just a few of them. Outline as least six (6) additional supply chain global operational costs cited in the text and define each.

Fill in the Blank(s) -_______identifies individual activities, their specific roles, the people involved, and critical performance dimensions such as time taken by each step of a process and can be used to make the process visible so that it can be redesigned.

Fill in the Blank(s) -The requirements for systems thinking are (a) a holistic view of the system, (b) access to accurate information,(c)______________ (d) supportive measurement, and (e) rigorous systems analysis.

Fill in the Blank(s) -Systems analysis consists of the following steps: (a) establish a core goal, (b) define the system_______ , (c) determine interrelationships, (d) define information requirements, (e) perform trade-off analysis, and (f) evaluate system constraints.

Fill in the Blank(s) -A most common approach to building a borderless culture in support of systems thinking is_______ and inter-organizational teaming.

Fill in the Blank(s) -The______________ can only be assessed by evaluating the costs associated with purchasing, transporting, using, warranting, and disposing of the item.

Fill in the Blank(s) -Michael Porter, professor at Harvard Business School and leading authority on competitive strategy and international competitiveness cites two strategies that should be considered when developing the overall business strategy: ______________and differentiation.

Fill in the Blank(s) -A _______view of the company links systems thinking to strategy so that all of the company's functional and resource decisions are consistently focused on achieving the company's most important objectives.

Fill in the Blank(s) -Regarding the management of business resources, there are four resources as part of its own value-added system or as part of the larger supply chain. These resources are people,_______ , materials, and infrastructure.

Fill in the Blank(s) -Firms typically organize their businesses by function. This method of organization typically_______ process thinking.

Fill in the Blank(s) -_______thinking" is the holistic process of considering both the immediate local outcomes and the longer-term systems-wide ramifications of decisions.

Fill in the Blank(s) -Traditional organization structures typically drive _______thinking-managers begin to see the world from a narrow, functional perspective, acting as if their function were the company.

Fill in the Blank(s) -_______describes the radical redesign of business processes made possible by systems thinking and improved information technology.

Fill in the Blank(s) -A______________ is a capability of the company that is so good at that it provides the company a competitive advantage.

Fill in the Blank(s) -There are three distinct flows and value-added activities that define every process: an_______ flow, a physical flow, and a financial flow.

Quiz 3: Process Thinking: Scms Foundation

Fill in the Blank(s) -The business resource of _______refers to the physical, bricks-and-mortar assets a company uses in the value creation process.

Fill in the Blank(s) -Meeting customer expectations requires a shift from a _______ organization to a _______ orientation.

Total cost of ownership is cited as an effective performance measurement of supply chain effectiveness. Unit price, brokerage costs, and damage in transit are just a few of them. Outline as least six (6) additional supply chain global operational costs cited in the text and define each.

Fill in the Blank(s) -_______identifies individual activities, their specific roles, the people involved, and critical performance dimensions such as time taken by each step of a process and can be used to make the process visible so that it can be redesigned.

Fill in the Blank(s) -The requirements for systems thinking are (a) a holistic view of the system, (b) access to accurate information,(c)______________ (d) supportive measurement, and (e) rigorous systems analysis.

Fill in the Blank(s) -Systems analysis consists of the following steps: (a) establish a core goal, (b) define the system_______ , (c) determine interrelationships, (d) define information requirements, (e) perform trade-off analysis, and (f) evaluate system constraints.

Fill in the Blank(s) -A most common approach to building a borderless culture in support of systems thinking is_______ and inter-organizational teaming.

Fill in the Blank(s) -The______________ can only be assessed by evaluating the costs associated with purchasing, transporting, using, warranting, and disposing of the item.

Fill in the Blank(s) -Michael Porter, professor at Harvard Business School and leading authority on competitive strategy and international competitiveness cites two strategies that should be considered when developing the overall business strategy: ______________and differentiation.

Fill in the Blank(s) -A _______view of the company links systems thinking to strategy so that all of the company's functional and resource decisions are consistently focused on achieving the company's most important objectives.

Fill in the Blank(s) -Regarding the management of business resources, there are four resources as part of its own value-added system or as part of the larger supply chain. These resources are people,_______ , materials, and infrastructure.

Fill in the Blank(s) -Firms typically organize their businesses by function. This method of organization typically_______ process thinking.

Fill in the Blank(s) -_______thinking" is the holistic process of considering both the immediate local outcomes and the longer-term systems-wide ramifications of decisions.

Fill in the Blank(s) -Traditional organization structures typically drive _______thinking-managers begin to see the world from a narrow, functional perspective, acting as if their function were the company.

Fill in the Blank(s) -_______describes the radical redesign of business processes made possible by systems thinking and improved information technology.

Fill in the Blank(s) -A______________ is a capability of the company that is so good at that it provides the company a competitive advantage.

Fill in the Blank(s) -There are three distinct flows and value-added activities that define every process: an_______ flow, a physical flow, and a financial flow.

Fill in the Blank(s) -Meeting customer expectations requires a shift from a _ organization to a _ orientation.