Which of the Following Is an Advantage of Supply Chain

question 26

Multiple Choice

Which of the following is an advantage of supply chain globalization?

• A)It reduces competition from domestic suppliers.​
• B)It lowers labor rates and material costs.​
• C)It helps in delivering products that have highly consistent quality standards.
• D)It provides consistency in transportation service.​

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Definitions:

Break-even Point

The break-even point is the level of production or sales at which total revenues equal total costs, resulting in no net profit or loss.

Variable Cost

A variable cost changes in proportion to the level of production or business activity, such as raw materials or direct labor expenses.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Target Profit

The financial goal for the profit a company aims to achieve within a specific period.