Multiple Choice
You're the production manager for Logan Home Builders, and you've just come from a disturbing meeting with the executive team. The company's president informed everyone that expenses are skyrocketing and profits are shrinking because there's a limit to how much the company can charge for new homes. You'd like to help solve the problem. Which supply chain management system might you employ to help Logan restore profitability?
A) RFID, a tool that requires placing a tiny tracking chip on all materials
B) ERP, an integrated software that consolidates sequencing and scheduling data from all units
C) Logistical cost control, a method of evaluating how to reduce costs and add value for your customers through logistical changes
D) Supply chain management, a means of managing the complete sequence of suppliers and activities that contribute to the creation and delivery of goods
Correct Answer:

Verified
Correct Answer:
Verified
Q111: Deborah relies on direct selling to market
Q112: Channels designed to return goods to their
Q113: Define direct channel and direct selling. Describe
Q114: Peach, a cosmetic company, sells its products
Q115: KitchenAid has established an electronic storefront so
Q117: Describe the three important functions of intermediaries
Q118: The number of intermediaries through which a
Q119: Jesse would never have thought that his
Q120: When the same branded product is carried
Q121: When a major distributor of beauty supplies