10 Questions
Supply chain management involves the passive monitoring of supply chain activities and relationships.
False
The primary goal of supply chain management is to reduce costs and increase profits.
False
Supply chain management focuses on building and maintaining relationships with suppliers and customers.
True
Supply chain management is primarily focused on enhancing customer value.
True
The ultimate objective of supply chain management is to achieve a short-term competitive advantage.
False
Supply chain management involves the proactive management of supply chain activities and relationships.
True
The primary objective of supply chain management is to achieve a short-term competitive advantage over rival firms.
False
Supply chain management is concerned with adding value to the customer.
True
Supply chain management involves the passive monitoring of supply chain activities and relationships.
False
The ultimate goal of supply chain management is to increase profitability.
False
Test your knowledge of supply chain management, including the active management of supply chain activities and relationships to maximize customer value and achieve a sustainable competitive advantage. Learn how to optimize your supply chain for success. This quiz covers the basics of supply chain management and its importance in business.
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