Which of the Following Is Not True About Global Supply

question 60

Multiple Choice

Which of the following is not true about global supply chains?

• A) Performance standards may vary from region to region.
• B) Global supply chains typically span greater time differences than domestic supply chains.
• C) Global supply chains typically have participants from a number of countries.
• D) Supply chain management for global supply chains may need to reflect cultural differences.
• E) Global supply chains are no different from domestic supply chains.

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Definitions:

Fixed Manufacturing Overhead

These are the manufacturing costs that do not change with the level of production, such as rent, salaries, and insurance.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials to be consumed in the production process.

Deferred

Postponed or delayed, often referring to income or expenses that are recognized in a later accounting period.

Net Operating Income

The profit realized from a business's operations after subtracting all operating expenses except interest and taxes.