The Supply Chain's Goal Is to

question 64

Multiple Choice

The supply chain's goal is to

• A)Avoid carrying too much inventory.
• B)To reduce or eliminate defective goods.
• C)To measure performance based on financial and non-financial components.
• D)To get the right product to the right location,in the right quantities at the right time,and at the right cost.

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Definitions:

Restrain Trade

Practices or agreements that restrict free competition in business and commerce.

Price Discrimination

The practice of selling the same product or service at different prices to different customers, not based on cost differences.

Interstate Commerce

The exchange of goods, services, or money between parties in different states, governed by federal law in the United States.

Create A Monopoly

The practice or situation where a single company or entity exclusively controls a particular market, limiting competition and possibly leading to higher prices and less innovation.