Question 103

- (Topic 3)
Which of the following strategies is most appropriate for managing unknown risks in a global supply chain?

Correct Answer:C

Question 104

- (Topic 3)
Which of the following activities is an important phase of product life-cycle management?

Correct Answer:D

Question 105

- (Topic 3)
An operations manager wants to measure variability in the delivery time of insurance policies to clients. Which of the following quality tools most appropriately would show the level of variability?

Correct Answer:B

Question 106

- (Topic 3)
The most significant reason for altering supply chain management practices in an organization would be a change in its:

Correct Answer:B

Question 107

- (Topic 3)
A new sales and marketing director who wants to transform a company into a customer driven organization most likely would consider:

Correct Answer:A

Question 108

- (Topic 3)
When profit impact is high and supply risk is low for an item, which of the following procurement strategies is most likely to be effective and successful?

Correct Answer:A

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