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NEW QUESTION: 1
The balanced scorecard enables everyone within the organization to be on the same page.
A. False
B. True
Answer: B
NEW QUESTION: 2
Which of the following best describes sole sourcing?
A. Multiple potential suppliers, one is chosen to be the only supplier for an organization
B. One supplier exists, but is not utilized
C. Multiple potential suppliers, 2-3 are chosen to be the only suppliers for an organization
D. One supplier exists and is utilized
Answer: D
NEW QUESTION: 3
In which stage of supply chain management will integration move external to the firm to involve those
outside the firm who are able to work as a unified team in an attempt to obtain slow, profitable growth?
A. Integrated enterprise.
B. Cross-functional teams.
C. Extended supply chain.
D. Supply chain communities.
Answer: C
Explanation:
Choice "c" is correct. In the extended supply chain stage of supply chain management, integration moves
external to the firm to involve those outside the firm who are able to work as a unified team in an attempt
to obtain slow, profitable growth. Choice "a" is incorrect. In the cross-functional teams stage of supply
chain management, the firm's management will turn its attention to consolidation of the various
departments that make up operations in order to solve the firm's problems, and the focus will be on
customer service. Choice "b" is incorrect. In the integrated enterprise stage of supply chain management,
the firm's management will move away from simple consolidation of its operations to an
internally-integrated supply chain, which all work together towards the main business issue of the cost of
customer service. Choice "d" is incorrect. In the supply chain communities stage of supply chain
management, the extended supply chain forms a single competitive entity with a synchronized supply
chain and a complex system of networks.
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