Describe how a company might use some or all of the eight key supply chain processes to gain a competitive advantage. Provide a minimum of one specific example of a competitive advantage gained.
What will be an ideal response?
A successful answer should describe the benefits that come to a company from successful management of the key processes. For example, a company may differentiate itself by its return policy (returns management) and thus gain a significant competitive advantage.
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If you are counting and classifying questionnaires to determine if quotas and cell group sizes have been met, you are at the ________ step of the data-preparation process
A) questionnaire checking B) coding C) data cleaning D) editing
Which of the following is true of a joint venture?
A) The parties to a joint venture are considered limited partners. B) Both parties to a joint venture have equal rights to manage the venture. C) A joint venture is a partnership that lasts for multiple projects. D) Parties to a joint venture are exempt from fiduciary duties to each other.
Which of the following is not a true statement about print communication?
A) It is considered official and formal. B) Its use is declining. C) Some companies no longer use it for internal communication. D) It is still used for individual pay or benefit information. E) It is not appropriate for job applications.
Use the information in Scenario 9.7. What combination of changes in lead-time and service level would result in exactly the same level of safety stock as indicated in the table?
A) Lead-time drops to 41 days and service level increases to 99%. B) Lead-time increases to 18.52 days and service level drops to 92%. C) Lead-time increases to 20.54 days and service level drops to 90%. D) Lead-time drops to 3.5 days and service level increases to 99.54%.