Which of the Following Statements Regarding Supply Chains Is Most

question 121

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)For an effective supply chain, 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:

Conscious Experience

The aspect of the mind that involves awareness of oneself and the world.

Emotional Experience

The complex psychological state involving thoughts, feelings, and physiological responses to a particular stimulus.

Facial Cues

Visual signals from the face that convey emotional states, intentions, or reactions to others.

Cultural Differences

The variation in the ways of life, beliefs, norms, and behaviors among different groups or societies.