Podcast
Questions and Answers
What factor is the least effective in few low-capacity locations?
What factor is the least effective in few low-capacity locations?
- Information management
- Facility capacity
- Low inventory levels
- Transportation (correct)
Which supply chain entity uses transportation to minimize total costs and be responsive to customers?
Which supply chain entity uses transportation to minimize total costs and be responsive to customers?
- The shipper (correct)
- The carrier
- The manufacturer
- The supplier
What is the fastest delivery method of transportation?
What is the fastest delivery method of transportation?
- Truck
- Rail
- Intermodal
- Air (correct)
What do roads, seaports, airports, rail, and canals commonly have in almost all countries?
What do roads, seaports, airports, rail, and canals commonly have in almost all countries?
In network design decisions, what should be avoided in low-capacity locations?
In network design decisions, what should be avoided in low-capacity locations?
Which mode of transportation is often associated with higher costs but faster delivery?
Which mode of transportation is often associated with higher costs but faster delivery?
What is the key weakness of the intrafunctional scope view?
What is the key weakness of the intrafunctional scope view?
In the context of supply chain strategic fit, why must all supply chain functions align their strategy according to the text?
In the context of supply chain strategic fit, why must all supply chain functions align their strategy according to the text?
Which of the following would NOT make it increasingly difficult for supply chains to achieve strategic fit?
Which of the following would NOT make it increasingly difficult for supply chains to achieve strategic fit?
What happens to margins in the later stages of a product's life cycle based on the text?
What happens to margins in the later stages of a product's life cycle based on the text?
Why is product availability crucial in capturing the market in the later stages of a product's life cycle?
Why is product availability crucial in capturing the market in the later stages of a product's life cycle?
Which of the following is a common challenge faced by supply chains according to the provided text?
Which of the following is a common challenge faced by supply chains according to the provided text?
Which one of the following is NOT a type of high-end product offered by Tiffany's?
Which one of the following is NOT a type of high-end product offered by Tiffany's?
Until what year did Tiffany's never purchase rough diamonds?
Until what year did Tiffany's never purchase rough diamonds?
What is the reason Tiffany's does not use all the rough diamonds it processes?
What is the reason Tiffany's does not use all the rough diamonds it processes?
What is the most important part of Tiffany's success, according to the text?
What is the most important part of Tiffany's success, according to the text?
What advice is TRUE for Blue Nile's strategy and structure, according to the passage?
What advice is TRUE for Blue Nile's strategy and structure, according to the passage?
What is the type of facility described in the last paragraph?
What is the type of facility described in the last paragraph?
What was the effect of the World Federation of Diamond's decision to reduce the supply of new gems entering the market?
What was the effect of the World Federation of Diamond's decision to reduce the supply of new gems entering the market?
What was the marketing strategy used by Zales to expand their business in the early years?
What was the marketing strategy used by Zales to expand their business in the early years?
What problem did Zales face after a decade of running the business?
What problem did Zales face after a decade of running the business?
What was the primary reason for the 2008 low point in the diamond industry for both wholesalers and retailers?
What was the primary reason for the 2008 low point in the diamond industry for both wholesalers and retailers?
What was the primary factor that contributed to Zales' initial success and expansion in the early years?
What was the primary factor that contributed to Zales' initial success and expansion in the early years?
What is the main objective of a supply chain according to the text?
What is the main objective of a supply chain according to the text?
In the context of retailing in the United States, what does 'consolidated' imply?
In the context of retailing in the United States, what does 'consolidated' imply?
Which key aspect must be achieved for a company to attain strategic fit?
Which key aspect must be achieved for a company to attain strategic fit?
What characterizes efficient supply chains based on the text?
What characterizes efficient supply chains based on the text?
Which factor is NOT essential for a company to achieve strategic fit?
Which factor is NOT essential for a company to achieve strategic fit?
How does retailing in the United States differ from centralized retailing according to the text?
How does retailing in the United States differ from centralized retailing according to the text?
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