The Capability to Adjust a Supply Chain's Design to Meet

question 38

Multiple Choice

The capability to adjust a supply chain's design to meet major structural shifts in the market is called

• A)agility.
• B)adaptability.
• C)lean.
• D)alignment.

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company’s assets, liabilities, and equity at a specific point in time.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Acid-test Ratio

A financial metric used to evaluate a company's short-term liquidity position by comparing its most liquid assets (excluding inventory) to its current liabilities.

Standards for Comparison

Benchmarks or criteria used to evaluate the performance, condition, or quality of something.