Question: 28. There are five key levers that can be used to deal with uncertainty in a supply chain- capacity, inventory time, information and currency exchange

28. There are five key levers that can be used to deal with uncertainty in a supply chain- capacity, inventory time, information and currency exchange rate. (True/False)

29. If the key goal within the interfunctional scope is to maximize profit, success can only be achieved if:

a. All functional strategies are developed to align with one another and with the companys competitive strategy

b. All functional strategies must adhere to local cultures, local customer buying habits and regulatory requirements.

30. When we think of Zaras sourcing strategy we learn that their success is to focus on product type. Basic product efficiency is key because demand is predictable. (True/False)

31. Do pricing related metrics only include profit margin, days sales outstanding and incremental variable cost per unit and average sales? (Yes/No)

32. Can employing a full set of logistical and cross functional drivers be used to create strategic fit for cell phone mfgs targeting both time sensitive and price conscious customers? (Yes, No)

33. In the Seven-Eleven example in Chapter 3, their strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment (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!