According to the CAPS Study Presented in Chapter 12,several Trends

question 18

Multiple Choice

According to the CAPS study presented in Chapter 12,several trends exist in global sourcing.Which of the following was not one of the trends presented in the study?

• A) Regional and global sourcing strategies will become a critically important source of competitive advantage
• B) The number of key suppliers to firms will be reduced to maximize leverage on a global basis
• C) Supply management departments will be phased out much the same way that quality departments were phased out in the early 1990s
• D) Strategic and tactical sourcing work will be further separated
• E) Executive management expectations of supply management will increase

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Definitions:

Rivalry

Describes competition or conflict between individuals, organizations, or nations, often driving innovation or improvement.

Cost Leader

A company that gains a competitive advantage by offering its products or services at a lower price than its competitors without sacrificing quality.

Support Activity

Activities within an organization that assist in providing value to customers but do not directly contribute to the primary product or service.

Inbound Logistics

Inbound Logistics refers to the transport, storage, and delivery of goods coming into a business, an essential component of supply chain management, focusing on receiving and handling materials and supplies.