Supply Chain Management Refers to Configure, Price, and Order Its

question 295

Multiple Choice

Supply chain management refers to configure, price, and order its networking equipment.Cisco then sends orders back out across the Internet to producers and assemblers including Celestica, Flextronics, Jabil, and Solectron.Products are built and tested to Cisco standards, sometimes with procedures run remotely by Cisco.Most are then drop-shipped to buyers, untouched by human hands on Cisco's payroll.This is a description of Cisco's

• A)organizing the cost-effective flow of raw materials, in-process inventory, finished goods, and related information from point-of-origin to point-of consumption to satisfy customer requirements physical distribution management.
• B)the integration and organization of information and logistic activities across firms in a supply chain for the purpose of creating and delivering goods and services that provides value to ultimate consumers.
• C)the integration and organization of information and logistical activities that actively brings consumers together with sellers through the express use of agents and brokers.
• D)an inventory management system that is designed to reduce the retailer's lead time for receiving merchandise which then lowers a retailer's inventory investment, improves customer service levels, and reduces logistic expenses.
• E)a highly organized system that facilitates minute to minute communication between all members of a supply chain that ensures the producer is aware of any changes in delivery or demand for a product or service.

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Definitions:

Spontaneous Recovery

The return of a conditioned response that had vanished, following a pause where the conditioned stimulus was not presented.

Classical Conditioning

The conditioning process of repeatedly associating two stimuli together, such that a reaction first brought about by the second stimulus is later brought about by the first stimulus alone.

Misusing Punishment

The incorrect application of punishment that can lead to unwanted consequences, such as reinforcing the undesired behavior it seeks to discourage.

Observational Learning

The process of learning behaviors by watching and imitating others.