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Chapter 1 Introduction To Supply Chain Management 29

11. According to the textbook, third-party logistics providers (3LPs) do not offer assistance with helping products clear customs. 12. According to the textbook, environmental and

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Chapter 1 Introduction To Supply Chain Management 28

1. Which of the following is an illustration of a company that has vertically integrated? a. A computer manufacturer that acquires its computer components supplier

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Chapter 1 Introduction To Supply Chain Management 27

  11. Which of the following was a popular way in the 1990’s of developing radically new business processes in an effort to reduce waste

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Chapter 1 Introduction To Supply Chain Management 26

1. Purchasing can be broadly classified into two categories: merchants and industrial buyers. 2. The acquisition of services is also known as contracting. 3. The

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Chapter 1 Introduction To Supply Chain Management 25

11. A purchase order is legally binding once issued by the buyer. 12. Procurement credit cards can be used for small purchases excluding meals, lodging,

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Chapter 1 Introduction To Supply Chain Management 24

1. The hybrid purchasing system, such as the one utilized by Harrah’s, includes many benefits. In such a system the regional office preserves four fundamental

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Chapter 1 Introduction To Supply Chain Management 23

1. The hybrid purchasing system, such as the one utilized by Harrah’s, includes many benefits. In such a system the regional office preserves four fundamental

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Chapter 1 Introduction To Supply Chain Management 22

11. On occasion, firms assist suppliers, new or old, to improve their processing capabilities, product or service quality, delivery effectiveness, and cost performance by providing

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Chapter 1 Introduction To Supply Chain Management 21

1. If a company is effectively focusing on its core competencies, its level of outsourcing is likely to increase. 2. In order to maintain a

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Chapter 1 Introduction To Supply Chain Management 20

11. When evaluating suppliers for supplier certification, personal visits may be made to the prospective supplier to observe operations first hand. 12. One result of

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