Question

1- If a firm has a resilient supply chain capable of meeting short lead times, that firm is said to be

	A.	Efficient
	B.	Responsive
	C.	A blue chip company
	D.	A push or pull firm

2- Salt, compared to electronic products, will have a lower implied demand uncertainty because salt has

	A.	Unpredictable demand
	B.	Predictable demand
	C.	Lower spectrum
	D.	Strategic fit

3- A supply source with inflexible supply capacity leads to

	A.	Decrease in uncertainty
	B.	Increase in uncertainty
	C.	None of the above
	D.	Perfect supply and demand match. This is better for growing the supply chain surplus. 4- Amazon has different groups of customers. Each has unique sets of needs that Amazon has to satisfy. The strategy defining the needs of these different groups of Amazon's customers is A. Marketing and sales strategy B. Competitive strategy C. Product development strategy D. Supply chain strategy

Answer 1

1. If a firm has a resilient supply chain capable of meeting short lead times, that firm is said to be

Answer:- responsive

Reason:- a resilient supply chain is one which can respond to the changing demand of the customers as soon as the possible and such type of supply chain is termed as responsive supply chain as they are quick to respond to the changing demand.

1. Salt, compared to electronic products, will have a lower implied demand uncertainty because salt has

Answer:- Predictable demand

Reason:- Due to the greater predictability of the salt, the demand for the salt is said to have lower implied demand uncertainty. Lower implied demand uncertainty indicates that the demand for the salt is quite certain and it can be predicted quite accurately

1. A supply source with inflexible supply capacity leads to

Answer:- Increase in uncertainty

Reason:- If the supply source has the inability of dealing with dynamic supply requirements, it will add to the uncertainty as it will not handle the variation in the demand.

4-Amazon has different groups of customers. Each has unique sets of needs that Amazon has to satisfy. The strategy defining the needs of these different groups of Amazon's customers is

Answer:- Marketing and sales strategy
Reason:- With the help of marketing and sales strategy, the company can focus the distinctive requirements of the customers as, in case of marking, the main focus remains on fulfilling the specific requirement of the customers.