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MNB1601-26-EX06

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Bidvest International Logistics (BIL), which provides an end-to-end supply-chain solution across a number of different industries, including essential services in the retail, healthcare and perishables sectors, noticed that some clients increased stock levels in preparation for future supply constraints, while volumes for clients providing non-essential services lessened during the Covid-19 pandemic.The volumes of stock ordered by non-essential services lessened during the Covid-19 pandemic as these services were not allowed to trade. This is a function of _____________ which aims to keep inventory levels as low as possible without risking an interruption in the operational processes.
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A small bakery uses its strong operational skills to launch

a new range of gluten-free products that meet international best standards.

This reflects which type of advantage of effective operations?

a) 

b) 

c) 

d) 

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Bidvest International Logistics (BIL), which provides an end-to-end supply-chain solution across a number of different industries, including essential services in the retail, healthcare and perishables sectors, noticed that some clients increased stock levels in preparation for future supply constraints, while volumes for clients providing non-essential services lessened during the Covid-19 pandemic. It is expected that the diversification of supply chains will be the new normal and that companies will be sourcing products from numerous suppliers instead of one or two suppliers. The decision to select more than one supplier for a specific product through supplier alliances and supplier development, will occur at which level of purchasing and supply planning?
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A supermarket introduces a strict quality-control process to

ensure its fresh produce is always error-free and meets high standards.

Customers are willing to pay higher prices because of this consistency. Which

performance objective does this illustrate?

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Which of the following represents information that should be

gathered by means of an environmental scan?

a.     

Internal resources

b.     

Sales figures

c.     

Changes in market share

d.     

Competition preferences

e.     

External finance problems

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Strategic marketing emerged because ____________________ .

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The time value of money bears a direct relation to the opportunity of ____________ on an investment.
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Identify the correct operational process used by BMW, a motor vehicle manufacturer.
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Angie has joined the social club at her work. She hopes that by becoming a member she will be accepted by her colleagues and included in social functions. The social club can be seen as a/an _____________ group.

1 opinion

2 cultural

3 familiar

4 reference

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Anja owns a bakery, Earth First, which bakes artisanal breads from almond flour.Anja wants to broaden Earth First’s product range by adding other baked goods, such as muffins and croissants, to the menu. This will require new product development. Which one of the following would be an appropriate purchasing and supply objective for Anja?
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