When Discussing the Supply Chain

question 20

Multiple Choice

When discussing the supply chain:

• A)Any concern about vendors would relate only to those vendors with which a company has direct contact.
• B)Service providers would not be part of the supply chain.
• C)Concern would not extend beyond the point where the product is shipped to a customer.
• D)An entity may not be able to directly control all of the interrelated activities within the supply chain.

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Definitions:

High-Performance Results

Outcomes that significantly exceed the standard or expected levels of achievement.

Performance Potential

The capacity or ability of an individual or organization to attain and exceed predetermined goals or targets.

Team Training

A process of teaching a group of individuals to work together effectively, enhancing their collective skills in communication, decision-making, and problem-solving.

Organisational Capabilities

The collective skills, competencies, and resources that enable an organization to execute strategies and achieve its goals.