Which of the Following Statements Regarding Supply Chains Is Most

question 231

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)In order for a supply chain to work effectively,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.

---

Definitions:

Confidence

The feeling or belief that one can have faith in or rely on someone or something.

Environmental Initiative

An environmental initiative is a project or program aimed at promoting sustainability, conserving natural resources, reducing pollution, and protecting ecosystems.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating the range of accuracy.

Sample Size

The number of individuals or observations included in a sample, which is a subset of a larger population for the purpose of statistical analysis.