Podcast
Questions and Answers
What is the primary purpose of a value chain?
What is the primary purpose of a value chain?
- To analyze customer behavior patterns
- To examine the flow of resources within an organization
- To add value to raw materials before they are sold (correct)
- To manage customer relationships effectively
In the context of SCM, what does CRM primarily focus on?
In the context of SCM, what does CRM primarily focus on?
- Determining the supplies required for production
- Optimizing outbound logistics
- Managing inbound logistics efficiently
- Building and maintaining customer relationships (correct)
What does Supply Chain Management (SCM) primarily help determine?
What does Supply Chain Management (SCM) primarily help determine?
- How to manage financial resources effectively
- How to retain loyal customers
- How to optimize warehouse operations
- What supplies are needed for the value chain (correct)
Which aspect of an organization is NOT part of the value chain activities?
Which aspect of an organization is NOT part of the value chain activities?
How does an information system contribute to SCM & CRM?
How does an information system contribute to SCM & CRM?
What is the key difference between the traditional and contemporary views of information systems in organizations?
What is the key difference between the traditional and contemporary views of information systems in organizations?
What is the primary advantage of a flat organizational structure?
What is the primary advantage of a flat organizational structure?
What is the primary reason for organizations to adopt a virtual organizational structure?
What is the primary reason for organizations to adopt a virtual organizational structure?
What is the primary reason for organizations to undergo change?
What is the primary reason for organizations to undergo change?
Which statement accurately describes the relationship between technology diffusion and technology infusion?
Which statement accurately describes the relationship between technology diffusion and technology infusion?