Practice Quiz

Supply Chain Management

Category - Strategy Alignment

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In a________ a company decides how to structure the supply chain over the next several years. It decides what the chain’s configuration will be and how the resources will be allocated.
  1. Supply chain strategy
  2. Product design strategy
  3. Pricing strategy
  4. All of the above
Explanation
Answer: A - In a supply chain strategy a company decides how to structure the supply chain over the next several years. It decides what the chain’s configuration will be, how the resources will be allocated, and what process each stage will perform. Strategic decisions carried out by companies include locations and their capacities, the means of transportation available along different shipping legs, and the type of information system to be utilized.
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