Supply chain management (3).docx - True\/False(10 marks 1 The last decade of the twentieth century was a period of rapid change for organizations

Supply chain management (3).docx - True/False(10 marks 1...

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True/False (10 marks) 1. The last decade of the twentieth century was a period of rapid change for organizations, especially businesses. True 2. A key element in Wal-Mart’s ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system. True 3. Globalization has had little effect on consumers. False 4. Supply and demand has become less volatile as managers become more adept at controlling the elements. False 5. Supply chain managers no longer need to worry about suboptimization in light of today’s
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