Supply Chain Management Has Grown as a Prevalent Perspective on Operations

question 20

Multiple Choice

Supply chain management has grown as a prevalent perspective on operations management because:

• A)Purchasing managers now have stronger roles in companies.
• B)Firms have become more vertically integrated.
• C)Technology has facilitated globalization.
• D)Governments have become less open to trade. Communications and transportation technologies have made global outsourcing easier, thus raising the need to focus on supply chains.

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Definitions:

Percentage Point

A unit for the arithmetic difference between two percentages.

Horizontal Axis

The horizontal number line of a graph along which values of the x-variable are measured; also referred to as the x-axis.

Dependent Variable

The determined variable in a causal relationship.

Independent Variable

The variable in an experiment or study that is manipulated or changed to observe its effect on a dependent variable.