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1) Which is not a barrier to operational innovation? a. Not enough strategic benefits b. Nobody owns it c. Operations are out of sight d.

1) Which is not a barrier to operational innovation?

a. Not enough strategic benefits

b. Nobody owns it

c. Operations are out of sight

d. Undervaluing operations

2) Imagine an artist. Match the inventory term to the correct example

Raw materials Work in progress inventory

Finished goods inventory

Examples - specialization, framed painting, canvas with a single brushstroke, paint brushes

3) In your own words, describe 2 of the stages of supply chain management and what happens during that stage.

4) Which is not a barrier to improving operational strategy

a. Undervaluing operations

b. Nobody owns it

c. Out of sight operations

d. Not enough strategic benefits

5)Which is not a stage of supply chain management?

a. Planning operational strategy

b. Returns

c. Sourcing

d. Standardization

6) The process of turning inputs into outputs is called

a. Resources

b. Uniformity

c. Transformation

d. Planning

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