Necessary Efforts to Improve Supply Chain Security Present New Challenges

question 46

Multiple Choice

Necessary efforts to improve supply chain security present new challenges to firms including:

• A) Regulation/compliance requirements
• B) Increased transport time and costs
• C) Shorter lead times
• D) Decreased need for relationship management
• E) a and b

---

Definitions:

ROA

Return on Assets, a profitability ratio that measures how efficiently a company can manage its assets to produce profit during a period.

Effective Utilization

Effective utilization refers to how efficiently resources, such as labor and equipment, are used to produce goods or services.

EBIT

Earnings before interest and taxes; a measure of a company's profitability that excludes interest and income tax expenses.

Quick Ratios

The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets.