Which of the Following Statements Regarding Supply Chains Is Most

question 231

Multiple Choice

Which of the following statements regarding supply chains is most accurate?

• A)The most common form of supply chain is the collaborative-response efficiency strategy.
• B)In order for a supply chain to work effectively,key decisions should be made by a third-party logistics provider.
• C)The longer the supply chain,the greater the economies of scale and the better the profit margin.
• D)Supply chains should consider the needs of suppliers,provided those needs are consistent with marketing strategies.
• E)Supply chain managers often need to make trade-offs between efficiency and responsiveness.

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Definitions:

Squatters Rights

Legal allowances that may permit a squatter to obtain title to land or property under certain conditions.

Capital of the Corporation

The financial resources or assets owned by a corporation, used for its business operations and growth.

Unit Owner

The legal owner of an individual unit within a multi-unit property, such as a condominium or cooperative building.

Registry System

A system for recording and tracking the ownership and transactions of assets, such as real estate or vehicles.