multinational enterprise - CORRECT ANSWER- an organization that sources, markets,
and produces its goods and services in several countries to minimize costs, and to
maximize profit, customer satisfaction, and social welfare
operational structure - CORRECT ANSWER- the configuration of resources s...
multinational enterprise - CORRECT ANSWER- an organization that sources, markets,
and produces its goods and services in several countries to minimize costs, and to
maximize profit, customer satisfaction, and social welfare
operational structure - CORRECT ANSWER- the configuration of resources such as
suppliers, factories, warehouses, distributors, technical support centers, engineering
design and sales offices, and communication links
d - CORRECT ANSWER- The _____ of a supply chain is the configuration of resources
such as suppliers, factories, warehouses, distributors, technical support centers,
engineering design and sales offices, and communication links.
a. informal structure
b. network structure
c. virtual structure
d. operational structure
A - CORRECT ANSWER- Which of the following supply chain design decisions involves
protecting and honoring patents from other countries?
a. Technology
b. Sourcing
c. Logistics
d. Outsourcing
D - CORRECT ANSWER- _____ is a key supply chain design decision that involves
selecting suppliers from whom to purchase.
a. Technology
b. Logistics
c. Sustainability
d. Sourcing
Efficient supply chains - CORRECT ANSWER- designed for efficiency and low cost by
minimizing inventory and maximizing efficiencies in process flow
responsive supply chains - CORRECT ANSWER- focus on flexibility and responsive
service and are able to react quickly to changing market demand and requirements
push system - CORRECT ANSWER- produces goods in advance of customer demand
using a forecast of sales and moves them through the supply chain to points of sale,
where they are stored as finished-goods inventory
, pull system - CORRECT ANSWER- produces only what is needed at upstream stages
in the supply chain in response to customer demand signals from downstream stages
push-pull boundary - CORRECT ANSWER- The point in the supply chain that separates
the push system from the pull system
postponement - CORRECT ANSWER- the process of delaying product customization
until the product is closer to the customer at the end of the supply chain
vertical integration - CORRECT ANSWER- the process of acquiring and consolidating
elements of a value chain to achieve more control
forward integration - CORRECT ANSWER- acquiring capabilities toward distribution, or
even customers
outsourcing - CORRECT ANSWER- process of having suppliers provide goods and
services that were previously provided internally (opposite of vertical integration)
contract manufacturer - CORRECT ANSWER- a firm that specializes in certain types of
goods-producing activities, such as customized design, manufacturing, assembly, and
packaging, and works under contract for end users
3PL providers - CORRECT ANSWER- businesses that provide integrated services that
might include packaging, warehousing, inventory management, and transportation.
offshoring - CORRECT ANSWER- the building, acquiring, or moving of process
capabilities from a domestic location to another country location while maintaining
ownership and control
reshoring - CORRECT ANSWER- the process of moving operations back to a
company's domestic location
D - CORRECT ANSWER- Which of the following statements is true of an efficient
supply chain?
a. It is supported by information technology that provides real-time, accurate information
to managers across the supply chain.
b. It has the ability to respond to market changes faster than a responsive supply chain.
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