#1
Which supply chain management structure is characterized by strong collaboration and coordination among independent entities?
Horizontal integration
ExplanationStrong collaboration and coordination.
#2
What is the primary goal of supply chain management?
Achieving efficient and effective coordination of activities across the entire supply chain.
ExplanationEfficient coordination across the supply chain.
#3
Which supply chain management structure is characterized by tight control and ownership of key activities?
Vertical integration
ExplanationTight control and ownership of key activities.
#4
What is the primary focus of demand-driven supply chain management?
Anticipating customer demand and aligning supply accordingly
ExplanationAnticipating and aligning with customer demand.
#5
Which supply chain management structure is characterized by the integration of various functions across the supply chain?
Cross-functional integration
ExplanationIntegration of functions across the supply chain.
#6
Which of the following best describes a centralized supply chain management structure?
Decision-making authority is concentrated within a single entity or individual.
ExplanationConcentrated decision-making authority.
#7
What is the primary advantage of a decentralized supply chain management structure?
Flexibility to adapt to local market conditions and customer preferences.
ExplanationAdaptability to local conditions.
#8
Which of the following is a characteristic of a hybrid supply chain management structure?
It combines elements of both centralized and decentralized structures.
ExplanationCombination of centralized and decentralized elements.
#9
What role does technology play in modern supply chain management?
It enables real-time tracking of inventory and shipments.
ExplanationFacilitates real-time tracking.
#10
Which supply chain management structure emphasizes the seamless flow of information and material across multiple entities?
Horizontal integration
ExplanationSeamless flow across entities.
#11
Which of the following is NOT a characteristic of a virtual supply chain management structure?
Physical integration of facilities and operations.
ExplanationLack of physical integration.
#12
In a network supply chain management structure, what is the primary focus?
Optimizing the flow of materials and information across the entire supply chain network.
ExplanationOptimizing material and information flow.
#13
What is a major challenge associated with a network supply chain management structure?
Limited visibility and coordination across the entire supply chain.
ExplanationLimited visibility and coordination.
#14
What is a common challenge associated with implementing a centralized supply chain management structure?
Difficulty in responding to local market needs
ExplanationChallenges in responding to local needs.
#15
What is a common challenge associated with implementing a hybrid supply chain management structure?
Difficulty in leveraging both centralized and decentralized decision-making
ExplanationChallenges in leveraging both decision-making approaches.