Online Access Free APICS.CSCP.v2021-09-02.q378 Practice Test (Page 24)

Which of the following corporate strategies is most consistent with a flexible supply chain strategy?

A.Being the low-price leader

B.Providing the highest-quality service

C.Providing mature products with stable sales

D.Emphasizing the quality of the product

What type of partnership results when partners are at different echelons, probably adjoining, ofthe supply chain?

A.horizontal

B.complementary

C.vertical

D.composite

E.reinforcing

Which of the following objectives is emphasized most in an integrated logistics strategy?

A.Lowest transportation cost

B.Lowest total cost

C.Optimal warehouse location

D.Improved third-party logistics (3PL) collaboration

In a recent study of the U.S. food industry it was estimated that ____________was/werewasting $30 billion annually.

A.price wars between companies

B.poor partner coordination

C.upper management

D.logistic operations

Which of the following organizational design choices is an example of vertical integration?

A.Externally staffing a customer service center

B.Awarding a one-time trade show contract

C.Producing components used internally

D.Contracting with a third-party logistics provider

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