The objective of a supply chain is:
A. to improve the efficiency across the whole supply chain
B. to improve responsiveness across the whole supply chain
C. to deliver improved value to the customers
D. a, b & c above
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Which of the following statements is true?
A. Dell supply chain believed in medium-term relationship with the suppliers with loosely held supplier network.
B. Toyota supply chain believed in medium-term relationship with the suppliers with loosely held supplier network.
C. Ford supply chain is both highly efficient as well as highly responsive.
Dell supply chain is both highly efficient as well as highly responsive
E. Dell supply chain propagated the concept of long-term relationship with the suppliers.
In today’s supply chain, there has been a shift in the power structure in a chain towards
A. Retailers
B. Raw-material suppliers
C. Manufacturers
Distributors
E. Third-party logistics service providers
Which of the following statements is true regarding outsourcing?
A. Higher level of outsourcing enables a firm to have better control on all outsourced activities.
B. Higher level of outsourcing makes a firm more vulnerable to outside influences.
C. Higher level of outsourcing enables a firm to outsource core activities to other competent players.
D. Higher level of outsourcing enables a firm to outsource non-core activities to other competent players.
E. b & d above
F. a & c above
If the focus of a retailer is to achieve leadership in cost, then which of the following phenomenon will hold good?
A. Customers will prefer a large variety of products but the retailer will not keep a large variety in the store in order to achieve economies of scale
B. Customers will prefer short lead time for their products and the retailer will keep higher amount of inventory in order to satisfy customer needs in time.
Customers will like to have convenience and the retailers will also set up a number of stores at different locations in order to provide convenience to the customers.
D. Customers will prefer a large variety of products and the retailer will also keep a large variety in the store in order to satisfy customer needs.
E. None of the above
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