Supply Chain Management

Category - Design and Improvement

___________ tools are used to collect and deliver information that support strategic decision making.
  1. Strategic business planning
  2. Strategic information planning
  3. Strategic collection
  4. All of the above.
Explanation
Answer: A - Strategic business planning tools are used to collect and deliver the information required to determine the ideal infrastructure of the trading cooperation and to support strategic decision-making. For example, many firms have a growing need to coordinate production and distribution across national boundaries. Production is frequently divided among numerous factories. This can be a long, slow, and highly delicate process, but the opportunity to decrease stock and unit cost while refining response times is essential if competitiveness is to be sustained.
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