The Final Step in Achieving Strategic Fit Between Competitive and Supply

question 74

Multiple Choice

The final step in achieving strategic fit between competitive and supply chain strategies is to

• A)understand the supply chain and map it on the responsiveness spectrum.
• B)understand customers and supply chain uncertainty.
• C)match supply chain responsiveness with the implied uncertainty of demand.
• D)combine customer and supply chain uncertainty and map it on the implied uncertainty spectrum.

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Definitions:

Sole Proprietorship

A business where the sole owner is responsible for the management and the debts of the business.

Table Router

A power tool used for woodworking that combines the functionalities of a router and a stationary table, allowing for precise routing operations.

Hardwood

A type of wood that comes from angiosperm trees, distinguished by its dense and durable qualities, often used in furniture, flooring, and construction.

Clayton Act

A U.S. legislation enacted in 1914 aimed at promoting fair competition and preventing unfair business practices such as monopolies and anticompetitive mergers.