What Can Effective and Efficient Supply Chain Management Systems Enable

question 52

Multiple Choice

What can effective and efficient supply chain management systems enable an organisation to accomplish?

• A)Increase the power of its buyers
• B)Increase its supplier power
• C)Increase switching costs to increase the threat of substitute products or services
• D)All of the answers are correct

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Definitions:

Negotiated

The process of discussing to reach an agreement in business, employment conditions, or contracts.

Export Controls List

A regulatory list that identifies items subject to export restrictions or licenses, often for reasons of national security, foreign policy, or trade objectives.

Export Broker

A person or company that acts as an intermediary, arranging for goods to be sold and shipped to overseas buyers.

Prohibited Components

Items or substances that are not allowed to be used in the manufacture or assembly of a product due to legal, safety, or health reasons.