Which of the Following Statements Is False Regarding Supply Chain

question 94

Multiple Choice

Which of the following statements is false regarding supply chain management?

• A)SCM seeks to create an overlap among participants in the supply chain.
• B)Traditional supply chains openly share information across the supply chain.
• C)Non-integrated approaches to managing product and information flows are expensive and time consuming.
• D)Aligning both internal and external processes is the ultimate goal of SCM.

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Definitions:

Nontariff Barrier

Any form of restrictive regulation or procedure other than tariffs that countries use to control the amount of trade across their borders, including quotas, embargoes, sanctions, and levies.

Export Quota

A government-imposed limit on the quantity of a specific good that can be exported over a given period, used to control trade balances.

Domestic Consumption

This term refers to the total amount of goods and services consumed within a country's borders, indicating the level of domestic demand.

Tariff

A tax imposed by a government on imported or exported goods.