When Using the Supply Chain Uncertainty Framework to Classify Supply

question 17

Multiple Choice

When using the supply chain uncertainty framework to classify supply chains, a supply chain for innovative products with an evolving supply process is called which of the following?

• A) Efficient
• B) Forward looking
• C) Agile
• D) Risk hedging
• E) Responsive

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Definitions:

Taft-Hartley Act

A 1947 U.S. federal law that restricts the activities and power of labor unions.

Landrum-Griffin Act

Federal legislation that primarily governs the internal operations of labor unions. It requires financial disclosures by unions, establishes penalties for financial abuses by union officials, and includes “Labor’s Bill of Rights” to protect employees from their own unions.

Gross Misconduct

Serious behavior on the part of an employee which can justify immediate dismissal without notice, typically because it causes significant harm to the business or its employees.

Consolidated Omnibus Reconciliation Act

A federal law that provides for the continuation of group health coverage under certain circumstances such as job loss or divorce.