A Difference Between Efficient Supply Chains and Responsive Supply Chains

question 18

Multiple Choice

A difference between efficient supply chains and responsive supply chains is that responsive supply chains _____.

• A) focus on flexibility and responsive service
• B) focus on maximizing efficiencies in process flow
• C) seek to balance capacity and demand, resulting in low levels of inventory
• D) seek to minimize cost of routing products from factory to customers

---

Definitions:

Real Interest Rate

The inflation-adjusted interest rate, signifying the actual cost of borrowing and the genuine return for investors.

Net Capital Outflow

The net flow of funds used for investment in foreign countries minus the flow of funds from foreign investments into the domestic market.

Domestic Investment

Financial investments within a country's borders, including infrastructure, buildings, and machinery, contributing to national economic growth.

Foreign-Currency Exchange

The exchange of currencies from various countries against one another.