Related questions with answers
Which of the following would tend to increase the importance of supply chain management?
O increased globalization
O greater emphasis on local markets reduced competitive pressures
O lower levels of outsourcing
O increased supply chain stability
Solution
VerifiedSupply chain management is the management of the production process of converting the raw materials and resources used into the businesses' final products.
This is vital, especially for large productions that involve several products and services as it operates and requires more coordination with its various suppliers, other internal departments, and different processes that are dependent on each other.
Therefore, the correct answer is increased globalization as it operations are in a much larger scale.
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