Question: Question 5 (1 point) Businesses must now learn to navigate the volatility of supply chains to decrease several issues that have arisen. Question 5 options:

Question 5 (1 point)

Businesses must now learn to navigate the volatility of supply chains to decrease several issues that have arisen.

Question 5 options:

True
False

Question 6 (2 points)

Many organizations still work with a combination of manual and digital systems. These systems can create information silos, where decision-makers cannot get all the necessary information to make the right choices. Companies must work towards incorporating technological advancements into their supply chain.

Question 6 options:

Supply chain volatility creating problems throughout the supply chain

Slowed digital transformation, cyber-attacks and the inability to go paperless

Diversifying sources in your supply chain strategy

Question 7 (2 points)

There is a shortage of more than 100,000 drivers in the UK, out of a pre-pandemic total of about 600,000, according to a survey of Road Haulage Association member estimates.

Question 7 options:

Port congestions

Driver shortages and staff shortages

The limited granularity and availability of data and information

Question 8 (2 points)

In the construction sector there have been dwindling supplies of key building materials such as roof tiles, cement and steel. Due to the shortages and lengthening lead times prices have soared creating unexpected extra costs.

Question 8 options:

Demand forecasting

Material scarcity and energy shortages

Keeping liquidity in your business

Question 9 (2 points)

Robots are ideal for routine activities such as sorting and numbering, as well as retrieving and transporting items in the factory.

Question 9 options:

True
False

Question 10 (1 point)

For many years now, it has been apparent that consumers truly appreciate sustainability. And it is anticipated that this will have a greater effect on supply chains in the future.

Question 10 options:

True
False

Question 11 (2 points)

For several years, fleet monitoring has not been a part of supply chain management. For eg, basic GPS has long been a part of the picture but doesnt not give clear information.

Question 11 options:

True
False

Question 12 (1 point)

The invasion of Ukraine is the root cause for much of the energy and food price inflation countries are experiencing at the moment. It has thrown supply chains into disarray this year?

Question 12 options:

True
False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!