Title

1. Research on underperforming supply chains suggests that logistics can be crucial to achieving...

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1. Research on underperforming supply chains suggests that logistics can be crucial to achieving desired levels of supply chain performance.

2. The supply chain concept originated in the logistics literature.

3. Supply chains are a new concept in the sense that they were first identified in the 1970s and 1980s.

4. Customers are not included as a component of supply chains.

5. Supply chain management requires companies to adopt an enterprise-to-enterprise point of view.

6. The two prominent supply chain management frameworks are the Supply Chain Operations Reference (SCOR) model and the Process Classification Framework (PCF).

7. The Supply Chain Operations Reference (SCOR) model identifies five key processes associate with supply chain management.

8. The Global Supply Chain Forum (GSCF) Model identifies eight relevant processes associated with supply chain management.

9. Because customer needs and wants change relatively quickly, supply chains should be fast and lean.

10. With respect to supply chains, relevancy focuses on an organization’s ability to respond to changes in demand with respect to volume and variety.

Answer rating: 100% (QA)

1 True Explanation this statement is true because logistics play a key role in determining the perfo... View the full answer