Which Statement Regarding Efficient Supply Chains Is Most Accurate

question 127

Multiple Choice

Which statement regarding efficient supply chains is most accurate?

• A)Efficient supply chains use common platforms and common components across several products.
• B)Efficient supply chains rely on large geographically dispersed inventory warehouses.
• C)Efficient supply chains traditionally use expensive,but faster,modes of transportation.
• D)Efficient supply chains may utilize cross-docking.
• E)Efficient supply chains emphasize economies of scale by increasing the variety of system configurations offered.

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Definitions:

Labor Laws

Regulations governing the relationship between employers and employees, focusing on rights, duties, and standards in the workplace.

Born Global

Companies that engage in international expansion soon after starting in a domestic market.

Natural Resources

Raw materials and components provided by nature that can be utilized for economic gain.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance premiums.