QUESTION 27

1. Supply chain management is defined as a never-ending crusade to reduce cost, waste, and time.

   True

   False

2 points

QUESTION 28

1. Choice of distribution network can achieve supply chain objectives from high cost to low responsiveness

   True

   False

2 points

QUESTION 29

1. Product development strategy, most closely refers to which of the following:

   	A.	Looking at other organizations to copy a new product to the market
   	B.	None of the above
   	C.	The portfolio of existing services that the company will try to develop
   	D.	The portfolio of new products that the company will try to develop
   	E.	The portfolio of existing products that the company will try to develop

2 points

QUESTION 30

1. Internal supply chain management, is focused on all processes both internally and externally to the firm

   True

   False