Chapter 03Strategic Initiatives for Implementing Competitive AdvantagesMultiple Choice Questions1.What does supply chain management involve? A. The managemeflows between asupply chain to chain efficiency.B. The management of information flows between and amchain to maximize total supply chain costs.C. The management of information flows between and amchain to maximize total supply chain effectiveness andD. None of these.2.All of the following are part of the four basic components of supply chain management except:
3.Which of the following defines supply chain partners? 4.Which of the following defines supply chain operations?
5.Which of the following defines supply chain logistics? A. The schedule foincluding testingpreparation for B. The product delivery processes and elements, includincarriers, defective product returns, and invoicing.C. The strategy for managing all the resources required tdemand for all products and services.D. The partners chosen to deliver finished products, raw including pricing, delivery, and payment processes, alorelationship monitoring metrics.6.Which of the following defines supply chain strategy?
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