(Solved): BUS384: Quiz 1.7 and 1.8 Submitted 24 May ...
BUS384: Quiz 1.7 and 1.8
Submitted 24 May
Quiz 1.7
A value chain begins with _____ who provide inputs to a goods-producing or service-providing process or network of processes.
- a. stockbrokers
- b. suppliers
- c. customers
- d. managers
Which of the following key processes in a business directly create and deliver goods and services to customers?
- a. Core processes
- b. Support processes
- c. Peripheral processes
- d. General management processes
Which of the following are preproduction services of a value chain?
- a. On-site installation services
- b. Contract negotiations
- c. Recycling initiatives
- d. Transportation services
Which of the following is a postproduction service of a value chain?
- a. Good and service design
- b. Warehouse and inventory management
- c. Purchasing service
- d. Contract negotiation
The basic purpose of a supply chain is to:
- a. reduce production during peak energy demand times.
- b. act as an intermediary between agents of products and consumers.
- c. forecast the annual sales revenue by detecting patterns and relationships in data.
- d. coordinate the flow of materials, services, and information among the elements of the supply chain.
QUIZ 1.8
Social sustainability is important because:
- a. it leads to a short-term reduction in the organizing and administrative costs of companies.
- b. every organization must protect the health and well-being of all stakeholders.
- c. it reduces the operational costs of companies owing to the low cost of sustainable technology.
- d. all organizations must engage in greenwashing to reduce pressure from regulatory agencies.
_____ is an organization's commitment to have the agility and strategic management to prepare successfully for future business, markets, and operating environments.
- a. Environmental sustainability
- b. Economic sustainability
- c. Social sustainability
- d. Political sustainability
Which of the following is true of sustainability?
- a. The application of sustainable technology is limited to the agriculture industry.
- b. The use of sustainable technology reduces short-term operational costs.
- c. The three dimensions of sustainability are often referred to as the triple bottom line.
- d. The use of sustainable technology results in immediate profits.
Which of the following is an example of an environmental sustainability practice?
- a. Reducing waste and managing recycling efforts
- b. Acquiring and managing human resources effectively and efficiently
- c. Ensuring consumer safety in using goods and services
- d. Improving productivity through business-to-business partnerships
Transportation optimization by designing efficient vehicles and routes to save fuel is an example of _____.
- a. political sustainability
- b. social sustainability
- c. environmental sustainability
- d. human sustainability
Which of the following is an example of an environmental sustainability practice?
- a. Making sound financial plans to ensure long-term organizational survival
- b. Designing goods whose parts can be safely disposed of
- c. Ensuring consumer safety in using goods and services
- d. Acquiring and managing human resources effectively and efficiently
Ensuring the health and safety of the workforce is an example of _____.
- a. environmental sustainability
- b. social sustainability
- c. economic sustainability
- d. technological sustainability
___ is defined as a process of transforming data into actions through analysis and insights in the context of organizational decision making and problem solving.
- a. Inventory management
- b. Data warehousing
- c. Business analytics
- d. Market basket analysis
When business analytics is used to identify the best decisions, it is known as _____.
- a. diagnostic analytics
- b. descriptive analytics
- c. predictive analytics
- d. prescriptive analytics
Expert Answer
Buy This Answer $15
-- OR --
Subscribe $20 / Month