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NEW QUESTION 26
Which statement concerning physical cost and mediation costs is most often true?

A. The physical cost exceeds the market mediation costs for the supply chain of a functionalproduct.B. The market mediation costs exceed the physical costs for the supply chain of a functionalproduct.C. Neither cost is taken into consideration when designing and managing a supply chain.Product?D. The physical and market mediation costs are approximately the same for supply chains,independent of whether the chain supports innovative or functional products.

Answer: A

 

NEW QUESTION 27
The Global Reporting Initiative (GRI) is intended to:

A. establish the minimum standards that a firm should achieve for best-in-class.B. provide guidance on best practices for preparing a sustainability report.C. track the country's general business practices for country-to-country comparisons.D. allow for appropriate tariffs and fees for cross-border shipments.

Answer: B

 

NEW QUESTION 28
Which of the following is most often the primary sourcing consideration for products orservices?

A. strategic importance of the product or serviceB. number of suppliersC. uncertaintyD. complexity of the item

Answer: A

Explanation:
Module 2: Building Operations , Planning and Logiustics Empty Module 2: Managing Customer and Supplier Relationship

 

NEW QUESTION 29
Which of the following strategies would increase overall supply chain risk?

A. Internally manufacturing a product that has a high level of technical intellectual propertyB. Identify multiple sources for a product that has a potential for supply chain disruptionC. Outsourcing a product that is not well suited to your operationsD. Single sourcing a product that makes the highest annual profit

Answer: D

Explanation:
Section: Supply Chain Strategy, Design, and Compliance

 

NEW QUESTION 30
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