Which Statement Regarding Supply Chains Is Most Accurate

question 110

Multiple Choice

Which statement regarding supply chains is most accurate?

• A) The best supply chain is the one that is consistent with the needs of the customer segment being served and complements a company's marketing strategy.
• B) The most common form of supply chain is the collaborative-response efficiency strategy.
• C) In order for a supply chain to work effectively, key decisions should be made by a third-party logistics provider.
• D) The longer the supply chain, the greater the economies of scale and the better the profit margin.
• E) Supply chains should consider the needs of suppliers, provided those needs are consistent with marketing strategies.

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Definitions:

Gestalt Psychologist

A psychologist who studies the human mind and behavior as wholes, not by analyzing its parts, emphasizing our innate structures for perception and cognition.

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The ability to interpret and make sense of visual stimuli from the environment through the eyes and brain, encompassing processes such as recognition and interpretation.

Trichromatic Theory

A theory of color vision that proposes humans perceive color through the relative rates of response by three kinds of cones, each one sensitive to a different color.

Hair Cells

Sensory receptors located in the cochlea that detect sound waves and transduce them into signals that ultimately are processed in the brain as sound.