Ethical Procurement and Centralized Decision Making Quiz

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What is the primary function of logistics in a supply chain?

Acquiring, transporting, and storing resources

Which of the following is an example of a node in a supply chain?

A manufacturer

What is the primary benefit of a single company overseeing the majority of the supply chain?

Increased efficiency and control

Which stage in the supply chain involves the movement of products from manufacturers to wholesalers?

<p>Distribution</p> Signup and view all the answers

What is the ultimate goal of a supply chain?

<p>To deliver products to end consumers</p> Signup and view all the answers

What is the role of distributors in a supply chain?

<p>To transport products to wholesalers</p> Signup and view all the answers

What is the primary function of wholesalers in a supply chain?

<p>To sell products to retailers</p> Signup and view all the answers

What is the key to the success of a supply chain?

<p>Information technology</p> Signup and view all the answers

What is the primary benefit of a supply chain that relies heavily on information technology?

<p>Increased efficiency</p> Signup and view all the answers

What is the primary goal of strategic planning in a supply chain?

<p>To develop a competitive strategy</p> Signup and view all the answers

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