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Achieving Competitive Advantage Through the Supply Chain (L5M7)

Last Update Dec 4, 2025
Total Questions : 88 With Comprehensive Analysis

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Achieving Competitive Advantage Through the Supply Chain (L5M7) Questions and Answers

Questions 1

Anagilesupply chain focuses on the elimination of waste. Is this true?

Options:

A.

Yes – an agile supply chain reduces waste and defects

B.

Yes – it introduces TQM to remove inefficiencies

C.

No – it incorporates continuous improvement until errors cease

D.

No – it focuses on responsiveness to changing customer demand

Questions 2

A supply chain that has evolved to includemultiple layers of interdependenceon members both upstream and downstream is commonly known as what?

Options:

A.

A Supply Network

B.

A Supply Net

C.

A Supply Web

D.

A Supply Stream

Questions 3

An organisation can leverage effective Supply Chain Management to deliverCompetitive Advantage. What is meant byCompetitive Advantage?

Options:

A.

Outperforming competitors financially

B.

Becoming the leader in the marketplace through working closely with the supply chain

C.

A benefit that an organisation can use to outperform competitors in the marketplace

D.

Cost savings by narrowing the supply chain

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