Which of the Following Is an Organizational Result from an Effective

question 17

Multiple Choice

Which of the following is an organizational result from an effective and efficient supply chain management system?

• A)Decrease the power of its buyers
• B)Create entry barriers thereby reducing the threat of new entrants
• C)Increase efficiencies while seeking a competitive advantage through cost leadership
• D)All of the above

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Definitions:

Standardization

The process of making something conform to a standard.

Commercial Aircraft

Airplanes designed and utilized for transporting passengers and cargo, operated by airlines and leasing companies.

Checking Accounts

Bank accounts that allow for both deposits and withdrawals, typically used for day-to-day financial transactions.

Focus Group

A research method where a small, diverse group of people whose reactions are studied especially in response to new products or policies.