Question: Identify ALL true statements ( Choose ALL that apply ) If a business adopts a low - cost strategy, it should build a supply chain
Identify ALL true statements Choose ALL that applyIf a business adopts a lowcost strategy, it should build a supply chain with fast transportationThe supply chain for Post would include raw ingredients such as wheat and oats as well as manufactured goods such as boxes.Supply chain management describes the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer.Minimizing inventory is part of a firm's lowcost supply chain strategyA firm that employs a response strategy should focus on providing premium customer service through the most economical modes of transportation.Cost is a primary supplier selection criterion for a firm pursuing a differentiation strategy
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