What Can Effective and Efficient Supply Chain Management Systems Enable

question 238

Multiple Choice

What can effective and efficient supply chain management systems enable an organization 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 above

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Definitions:

Economic Life

The estimated period over which an asset is expected to be productive or useful in generating revenue.

Patent Rights

Legal protections granted to inventors or assignees, giving them exclusive rights to use and commercialize their inventions for a certain period.

Double-Declining-Balance

A method of accelerated depreciation where an asset loses value at double the rate of its straight-line depreciation.

Units-Of-Activity

A method for allocating depreciation based on the actual usage, work, or units of production of the asset, rather than passage of time.