Which Statement Regarding Supply Chains Is Most Accurate

question 6

Multiple Choice

Which statement regarding supply chains is most accurate?

• A) The most common form of supply chain is the collaborative-response efficiency strategy.
• B) In order for a supply chain to work effectively, key decisions should be made by a third-party logistics provider.
• C) The longer the supply chain, the greater the economies of scale and the better the profit margin.
• D) Supply chains should consider the needs of suppliers, provided those needs are consistent with marketing strategies.
• E) Supply chain managers often need to make trade-offs between efficiency and responsiveness.

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Definitions:

Concrete

a construction material composed of cement, aggregate (like sand and gravel), water, and often admixtures, used for building structures due to its strength.

Decision-making Process

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.

Alternative Courses

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The process of identifying issues or challenges that need to be addressed.